Posts tagged economy
Freedom Taxes
Warren Buffett is not the only one who wants to stop coddling the super-rich. Quelques Français aussi:
16 of France’s mega-rich signed a petition urging the goverment to raise their taxes. Despite relatively high taxes and a wealth tax signatories such as the L’Oreal heir and the head of a major oil company, Total, are asking the government to raise their taxes to help solve the country’s financial issues. Original petition (French).
The 400 richest Americans could pay off every student loan in the United States in full. And still practically be billionaires.
Your Republican Party.
GOOD and 350.org want you to help them expose the U.S. Chamber of Commerce for what it truly is: a corporate front group mostly funded by 16 anonymous corporate donors, and not 3 million local businesses it claims to represent.
The U.S. Chamber of Commerce is controlled by Big Polluters, poisons politics with its dirty money, and opposes every single effort to curb climate pollution.
This campaign, the “The U.S. Chamber Doesn’t Speak For Me”, is designed to expose the Chamber’s dirty business in Washington D.C., and discredit their efforts to delay the kind of bold action we need to create a clean energy economy and a safe climate future.
Click the image for the full infographic.
To be fair, some Democrats make wonky decisions too. 7 of the 10 richest members of Congress are Democrats, and they all voted to extend the Bush tax cuts. Click through to view that chart.
It’s the Inequality, Stupid:
Eleven charts that explain everything that’s wrong with America.Whoa, this got 2 million hits. Which is crazy, considering that it’s a bunch of wonky charts that have nothing to do with Justin Bieber.
I checked out all the entries, and Dowling Duncan’s submission is my favorite! You have until September 30th to vote. Dowling Duncan tweeted earlier today that ABC will broadcast a feature on the Dollar Redesign Project on Thursday at 5:30pm in San Francisco. The winner will be announced the next day.
Dowling Duncan submits a unique currency redesign concept for Richard Smith’s Dollar ReDe$ign Project.
“…We have kept the width the same as the existing dollars. However we have changed the size of the note so that the one dollar is shorter and the 100 dollar is the longest. When stacked on top of each other it is easy to see how much money you have. It also makes it easier for the visually impaired to distinguish between notes…”
—Dowling Duncan on the proposed redesign for US bank notes
2 Movies You Need To Watch Pronto!
- Blue Gold: World Water Wars — a powerful documentary about the privatization of water and its consequences.
- Independent Lens: Between The Folds — a fascinating PBS documentary about origami.
The Decline: The Geography of a Recession
Latoya Egwuekwe put together this eye-opening Flash map showing the rise of unemployment rates since January 2007.
Investors in the U.S. economy being destroyed isn’t news anymore.
John Gruber from Daring Fireball offered some eye-opening links to posts about the state of our economy. He quoted this excerpt from a post by Philip Greenspun:
This evening’s New York Times was worrisome. An inset box showed that the S&P 500 had fallen 4.25 percent for the day, wiping out roughly a year of investment returns. A few months ago this would have been the top story. Today, however, it did not even make the front page.
He also shared these stats from Harper’s Index:
Number of times in 2008 that the S&P 500 closed up or down 5 percent in a single day: 17
Number of times between 1956 and 2007 it did this: 17
