People of America – your tax dollars at work

Keeping the internet safe so Hollywood can make more money by making more crap. "The U.S. government recently shut down file-sharing giant Megaupload. The shut down of the site caused millions of its users and fans lonely days and broken hearts with their streaming media hunger's unexpected cut-off supply. "Now according to a report, Carpathia [...]

CEO Compensation Bubble

Like many things, compensating CEOs and managers on the success of the stock seemed like a good idea, but it doesn't take into account performance and luck and is inherently unfair, so it has to go. Unfortunately, it rewards the people who make the rules, so it might take awhile to get rid of it. [...]

Death, Taxes, Facebook, y’know …

"WHEN Facebook goes public later this year, Mark Zuckerberg plans to exercise stock options worth $5 billion of the $28 billion that his ownership stake will be worth. The $5 billion he will receive upon exercising those options will be treated as salary, and Mr. Zuckerberg will have a tax bill of more than $2 [...]

“Dear Atlas,”

"Fucking SHRUG already. "The suspense is killing us. "We, the Ninety Nine Percent of all American citizens, who are now in OPEN REVOLT against what is no longer a democratic government answerable to the People, have been waiting for the so-called Productive Citizens, alleged Producers, much ballyhooed Wealth Creators and all around Engines of America [...]

I hate Reagan, episode 69,468 squared

If this chart doesn't make you see red, there's something wrong with you: "The following chart tells the story. It shows inflation-adjusted GDP per capita and median family income from 1947 (the earliest year for which the income data are available) to 2007. To facilitate comparison of the over-time trends, each is indexed to its [...]

Celebrate Small Business Saturday

(And Buy Nothing Day Friday) Small Business Saturday. Not sure why AmExp is involved and all the links go to Facebook (I'll be rebooting right after I post this), just fyi. Here's my list in no particular order of favorite small businesses to buy from: Better World Books books and they support literacy organizations Escential [...]