Tag: 1%

Oh, make up your mind already!

Oh no! The Millennials can’t afford to buy houses!

Oh yeah! The Millennials will soon be buying houses!

Oh wait! It turns out that when we say the Millennials are living at home with their parents, we meant they were living in dorms!

Oh heck! The unemployment rate among Millennials is 40% — and that’s people who are actually looking for jobs (rather than going to school and living in the dorms)! I guess cancel that house-buying boom.

Meanwhile, despite AP propaganda telling us how wonderful the economy is, we have millions of people who need some form of government aid (sure, Fox News, blame the people instead of the reality they live in) and a big problem in how our “great” economy is paying for itself. The disconnect between the economy as seen from the top and as seen from anyplace up can be seen in this graph, meant to demonstrate the difference between “average” and “median” net worth. I guess that’s how we ended up with a couple millionaires arguing about which one is poorer.

I wonder how long we can keep going like this.

In Closing: your regular shot of NSA and privacy related stories; speaking of guys I’m surprised are still alive, Ahmed Chalabi; a modern sin; not sure what I think of this; and how the Dow works.

Music Monday: Not Worried about the Sequester

It isn’t like I can do anything about it. By the way, did you know that the budget deficit is getting smaller?


 

In Closing: Lightning strikes twice at the AAP; Lack of devils in the details; How the rich avoid taxes; Don’t cry for Kenny; 15th Amendment; Ha!; Bad idea; Good question; and cat cafe.

The Most Important Thing You Are Likely to Read Today

Hi folks. Sorry for the lack of posts. It’s been a crazy, crazy couple of weeks.

So, what are the protesters so upset about, really?

Do they have legitimate gripes?

To answer the latter question first, yes, they have very legitimate gripes.

And if America cannot figure out a way to address these gripes, the country will likely become increasingly “de-stabilized,” as sociologists might say. And in that scenario, the current protests will likely be only the beginning.

Want to know why the protesters are so upset? Here it is, with pictures. This ain’t hard. The only thing missing is the frustration of knowing that banks are above the law, allowed to continue being so big they can single-handedly crash the economy,  and they made matters worse by creating the foreclosure crisis.
Read ’em and weep. And then do something about it.
In Closing: Let women die; crazy idea; huhuhmmhuhuh; reason #128 why nobody gives a shit what the American Academy of Pediatrics has to say; amen; death and taxes; free trade; and have a great week.