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October 2011
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October 2011

"Top Income in U.S. Is…Gasp!…Wash. D.C. Area"

OCCUPY GEORGETOWN! Bloomberg: Federal employees whose compensation averages more than $126,000 and the nation’s greatest concentration of lawyers helped Washington edge out San Jose as the wealthiest U.S. metropolitan area, government data show. The U.S. capital has swapped top spots with Silicon Valley, according to recent Census Bureau figures, with the typical household in the Washington metro area earning $84,523 last year. The national median income for 2010 was $50,046.

"Ohio police still trying to track down potentially dangerous escaped animals"

I blame Bush. And by “I”, I mean Nickolas Kristof, and by “Bush,” I mean heartless Republicans whose draconian cuts to common weal funding may one day lead to a world in which escaped zoo animals can kill with impunity, knowing as they must that the GOP has cut that very money that would otherwise have gone toward a Department of Escaped Exotic Zoo Animals Who Managed to Make Their

"Reid says government jobs must take priority over private-sector jobs"

The Hill: Senate Majority Leader Harry Reid (D-Nev.) on Wednesday said Congress needs to worry about government jobs more than private-sector jobs, and that this is why Senate Democrats are pushing a bill aimed at shoring up teachers and first-responders. “It’s very clear that private-sector jobs have been doing just fine; it’s the public-sector jobs where we’ve lost huge numbers, and that’s what this legislation is all about,” Reid said

Byrant Gumbel: NBA Commissioner David Stern running a modern plantation

Yes, he did. In an analogy that would make multi-millionnaires who play a kid’s game for a living slaves. Potential for delicious irony: when Obama pushes through his surtax on “the rich,” Gumbel reappears from his big white house to declare the President racist for imposing a punitive tax on, among others, a bunch of slaves already being kept down by The Man. — Which, now that I think about

National Journal: Most Americans back Occupy Wall Street and Millionnaire surtax

So as a non-rich Zionist Jew, I’m only half alarmed.

Debate reaction: my thoughts

I was out earlier so I just now watched the debate. First, let me say this: many of the people on my Twitter feed almost CERTAINLY were watching a different debate than I was. I know this because their suggestions about who did well and helped themselves, and who did poorly and hurt themselves, is based on nothing that I actually saw during that debate. Rather, it seems they’ve based

Debate open thread

What will Mitt do to help the 99%? I’m on the edge of my seat.

"‘Rogue’ NLRB Obstructing Boeing Probe, Issa Says, Citing Internal Emails"

Investor’s Business Daily: A powerful House Republican committee chairman accused the National Labor Relations Board of being a “rogue agency” in a letter to its general counsel Monday. The chairman claimed the NLRB knowingly withheld damaging documents relating to his committee’s probe of the agency’s controversial Boeing (BA) complaint. House Oversight and Government Reform Committee Chairman Darryl Issa, R-Calif., in a letter to Lafe Solomon, NLRB acting general counsel, said

"The Haves and the Have-Nots"

Catherine Rampell, Economix, NYT: India’s poorest ventile corresponds with the 4th poorest percentile worldwide. And its richest? The 68th percentile. Yes, that’s right: America’s poorest are, as a group, about as rich as India’s richest. Kind of blows your mind, right? Not really, no. But I know some people choosing to live in tent cities whose minds might be blown, were those minds not already so filled with Whip-it fumes

"5 reasons why income inequality is a myth — and Occupy Wall Street is wrong"

Pethokoukis. May I presume to add what to me is an obvious 6th (and more general) reason? Wealth “disparity” only matters, to the extent those who rely on it as a wedge issue insist it does, in a system where the amount of wealth is fixed. But there is no fixed pie of “the wealth”; and the only way “the 1%” can keep their wealth from working for “the 99%”