Tuesday Reads
By Anna W - June 21st, 2011, 10:30AM
Some interesting reads for your reading pleasure:
• Bruce Bartlett: Are Taxes High or Low? A Further Look (Economix)
• Around the world in 25 megabanks (FT)
• The biggest market you’ve never heard of (Gigaom)
• Voters Want Obama to Put Winning the Present First: Albert Hunt (Bloomberg)
• All Work and No Pay: The Great Speedup (MoJo)
• Nanoparticles hit tumours with one-two punch (Nature News)
• New Math in HIV Fight (WSJ)
• InTrade + Jon Huntsman: Why Media’s Faith in Internet Betting Is Foolish (New Republic)
• Sentimental Value: Shopping for Human Stories on eBay (Brain Pickings)
• Clarence Clemons Tribute (Wolfgangs Vault)
What are you reading?
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June 21st, 2011 at 11:16 am
Canadian jokes
Too many to post here, eh!
http://lifeinthekeyofc.waterforlife.ws/index.php/archives/1322
Danny MacAskill – “Way Back Home”
Apparently, this is how they ride bikes in Scotland. ;)
Considering who sent me this video I really was expecting some sort of idiocy in kilts. Thankfully it wasn’t. The laddie is quite a talent on two wheels
http://lifeinthekeyofc.waterforlife.ws/index.php/archives/1308
Five Predictions For The Future Of Energy | Fast Company
http://www.fastcompany.com/1760900/five-energy-predictions-for-the-future
The Concorde Of The Future: Paris To Japan In Just 2.5 Hours, Emissions Free | Fast Company
This is really cool. I’ve always wondered why we never used rockets for travel. Apparently it just wasn’t feasible. In the future it apparently will be
http://www.fastcompany.com/1761475/rocketplane-zehst-eads-paris-tokyo-jet-concorde
June 21st, 2011 at 11:49 am
Taiwan PCB orders down on weak Apple demand:
http://www.digitimes.com/news/a20110621PD214.html
June 21st, 2011 at 1:06 pm
Facebook US users fall from 155.2 million at the start of May to 149.4 million at the end of the month…
http://edition.cnn.com/2011/TECH/social.media/06/20/people.shunning.facebook/
They should have cashed in on their dot.com last March.
June 21st, 2011 at 1:46 pm
Why not give the Onion a Pulitzer?
http://www.huffingtonpost.com/chris-weigant/onion-pulitzer-why-not_b_880924.html
“…Also, with the exception of Margaret Mitchell’s excellent work of history, Gone With The Wind, every single person or publication to win the Pulitzer Prize has been undiluted sewage…”
http://www.theonion.com/articles/i-shall-now-exact-my-final-revenge-upon-that-jacka,20832/
June 21st, 2011 at 1:50 pm
Minnesota Woman pleads guilty to stashing stolen mink coat in her underwear for 3 days
http://www.nydailynews.com/news/national/2011/06/21/2011-06-21_woman_pleads_guilty_to_keeping_stolen_fur_coat_stashed_in_her_underwear_for_3_da.html
This will be Pawlenty’s Willie Horton.
June 21st, 2011 at 2:00 pm
Taxes are too high, as is spending. What the article fails to mention when it says things like “federal taxes are lower than at any time since the 1960s”, are that:
1) FICA taxes have more than doubled from 3.00% in 1960 to 6.2% today.
2) State Income taxes are up (Oregon and other western states assess as much as 11%!)
3) Sales taxes are up by State, and local (Philadelphia adds 1% to the State sales tax)
4) FEDERAL Gas taxes used to be a few cents a gallon and moved up to $.184 in 1993
5) Property taxes? lol
So, to continue to write stories that Federal Income tax as a percent of income is lower today than yesterday…misses the point that every other tax is up substantially. Philadelphia just avoided imposing a “soft drink” tax, but it will come soon…and people will be paying another $.20 per Pepsi. Instead, Philadelphia opted to…raise more property taxes. (but, but Federal taxes are lower than 1960!!!!!)
I think that,
1) The “rich” should pay a lot more. I don’t agree that it’s $250K and think it’s more like $500K.
2) Enough with the “46% of federal tax filers pay no federal taxes”. Everybody should pay SOMETHING, even if it’s $1.00. Talk about taxation without representation…here we have the opposite with 46% getting plenty of representation without any taxation.
3) It is impossible (literally) to read the IRS tax code fast enough without Congress passing new rules that change it and causing one to start over re-reading it. It’s impossible. Congress should be forced to simplify the tax code to 1 page, 12-point font.
4) Cut spending, starting with military. Can’t really do this until the economy can absorb the jobs.
June 21st, 2011 at 4:17 pm
kort while taxes have gone up since (say the 1960s), federal income taxes have down since then. but every time any one complains about their taxes, its always implied that its the Federal income taxes. otherwise why is it Congressman and Senators that are complaining about (always its DC this or that). if its the states, why the national forum? and considering the down ward spiral incomes have had since the 1970s, why not complain about that? that has taken a lot more income from you than any of the taxes have.
and that 46% figure of tax filers not paying taxes? includes those in the top 1% of all income earners (and some earn 100 of millions in a year. and pay 0)maybe federal income taxes could done regionally with regional rates. but that wont help all that much.
the real problem is the collapse in incomes among the lower 99%.
June 21st, 2011 at 4:45 pm
People gettin’ desperate out there:
Scrap yards are the new pawn shops
http://www.financialarmageddon.com/
http://news.yahoo.com/s/yblog_thelookout/20110621/ts_yblog_thelookout/man-robs-bank-to-get-medical-care-in-jail
and more clever:
http://www.nypost.com/p/news/local/manhattan/prospector_scours_sidewalks_for_ReKRNWajHnjJhKSoW5Il6L
June 21st, 2011 at 5:38 pm
mathman, now that’s the life
“and more clever:
http://www.nypost.com/p/news/local/manhattan/prospector_scours_sidewalks_for_ReKRNWajHnjJhKSoW5Il6L”
Overworked America: 12 Charts that Will Make Your Blood Boil
http://motherjones.com/politics/2011/06/speedup-americans-working-harder-charts