You know that old saw about death and taxes being the two great inevitables? Republican Representative Louie Gohmert doesn’t seem to agree.
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Here he is, holding forth on the iniquities of the estate tax:
Now, after someone dies and someone comes in and steals from them, we consider that in most society (sic) [...]
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Marcus Baram has a story in The Huffington Post where he compares the growth in “the average annual salary for all workers across the country” and “the average financial industry employee’s annual bonus” between 1985 and 2008.
A well-conceived comparison, and the numbers are pretty telling. The average worker’s salary increased from $19,000 to about [...]
I spotted this sign in SF’s Financial District this week, and had to laugh:
2% on a $100,000 minimum balance. Talk about punishing savers. I walked around for a couple of days, half irritated about the whole thing, half relieved that I’m getting about twice that on a couple of CDs I bought a [...]
U.S. Says Bank of America Needs $33.9 Billion Cushion – New York Times (5/6/09):
The government has told Bank of America it needs $33.9 billion in capital to withstand any worsening of the economic downturn, according to an executive at the bank.
The government’s determination that Bank of America doesn’t need as much capital as it has [...]
