My longer form holiday weekend reading:

• Citizen Bezos (NY Review of Books)
• Stash Pad: NY real-estate now the premier destination for wealthy foreigners with money to hide. (NY Mag)
• Everything You Need to Know About Facebook’s Controversial Emotion Experiment (Wired)
• The incapable soothsayers (Statistical Ideas)
• The Power of Two (The Atlantic)
• How the ‘PayPal Mafia’ redefined success in Silicon Valley (Tech Republic)
• The Myth of America’s Golden Age (Politico)
• Monopoly (Pieria)
• The growing problem of Pablo Escobar’s hippos (BBC)
• The Battle for Iran, 1953: Re-Release of CIA Internal History Spotlights New Details about anti-Mosaddeq Coup (National Security Archive)

What beach are you going to?

58% of Jobs Created in 2014 Pay Over $24 an Hour
Source: Marketwatch

Category: Financial Press

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

10 Responses to “10 Weekend Reads”

  1. hue says:

    America is running out of farm workers. Will robots step in? (Vox) No immigration reform, scary number of children showing up at the border, but who’s gonna pick our fruit? or work in restaurant kitchens, poultry farms? Not Americans, especially those against immigration.

    Time Bomb: 238 years after its first birthday, America is in deep denial. (Politico) A View from Piketty’s Peak: The Pitchforks Are Coming… For Us Plutocrats (Politico)

    Billy Joe Winghead with a theremin (YouTube) I stumbled upon this band in Durham, N.C., in the late 90s. For 15 years, I thought the name was Billy Joe Wingnut. It’s much better live, in person.

  2. rd says:

    Congress will remove the construction jobs off this list in August.

  3. Jojo says:

    If we hadn’t won the revolutionary war, we would be: [lol]
    Great Britain II

  4. Jojo says:

    Investors Are Pushing Starter-Home Prices Up
    JULY 4, 2014
    Off the Charts

    WALL STREET is driving up home prices again, but this time it is not by granting mortgages to customers who cannot afford houses. Instead, institutional investors have been buying up relatively inexpensive homes, particularly in areas hard hit by foreclosures during and after the Great Recession.

    In the Atlanta area, prices of the least expensive homes have more than doubled since March 2012, when home prices nationwide hit bottom, according to the Standard & Poor’s/Case-Shiller indexes of home prices.

  5. Jojo says:

    Brought to you by the wonders of technology and Kickstarter! :)
    Frank Anthony: Shorts That Don’t Get Wet

  6. Jojo says:

    High Times on Wall Street
    By Dune Lawrence
    June 19, 2014

    When a pot smuggler named Tom Forcade approached Michael Kennedy in 1974 with his plan for a magazine devoted to helping Americans grow weed, Kennedy asked, what’s the point? “He said, ‘The point is, if the government cannot control the means of production of a commodity, then their prohibition is bound to fail,’ ” Kennedy recalls. “Well, 40 years later, we have ‘em trembling, don’t we?”

    The magazine, High Times, has survived as an icon of dope culture, and Kennedy, a criminal defense lawyer, has improbably ended up as its controlling owner. Now, with marijuana legal in some form in 22 states, the counterculture institution is aiming to raise $300 million for the High Times Growth Fund, which will make private equity investments in the marijuana business.

  7. VennData says:

    Kansas Tax Cuts That Did Not Work

    “…And the Kansas debacle won’t matter either. Oh, it will briefly give states considering similar policies pause. But the effect won’t last long, because faith in tax-cut magic isn’t about evidence; it’s about finding reasons to give powerful interests what they want…”

  8. RW says:

    And the beat goes on.


    Another relatively quiet week saw most of the action confined to people accidentally shooting themselves (14) or their close friends (11). Just two incidents involved family members accidentally shooting one another. By far the most dangerous gun-related activity of the week: just plain playing with or showing off loaded firearms. Nine people were accidentally shot that way. And for a week with fewer than forty listings, ten fatalities is pretty high. We include in that total one fatal mistake during a defensive gun use, in which a man defending against a home robbery accidentally shot and killed his friend while wounding the perpetrator. …

    Six children were accidentally shot last week, ages 11, 11, 14, 15, 15, and 16. That would actually have to be considered a pretty good week. Not for those kids, of course, but only compared to the carnage we usually see. …

  9. barbacoa666 says:

    Here’s some cautionary info on Amazon, and storing info on the cloud. I’ve purchased music from Amazon and keep it on the cloud. But I’m not a Prime member, as I don’t purchase enough stuff from them to make it worthwhile. I’ve now found the music is locked down because I’m not a Prime member. Even though I purchased digital copies of the albums. Does this mean that, in the fine print, that I only rented the music at their whim? Who can say. But it does mean that you should be careful about trusting companies peddling cloud storage as the future. Apparently, if you don’t control it, so it isn’t really yours.