Posts tagged money

What if everyone on Tumblr committed a crime to promote thier blog?

ghoulgrrrl:

petitedino:

soonitwill:

wrote their URL on a dollar bill and went out and spent it. Then if you ever found a dollar bill youd go to that tumblr and tell them how far its traveled. What if people started relationships because of it? My mind is crazy this late at night sorry. But I say we all do it… Ill go spend my dollar tomorrow. 

OH MY GOD THIS IS GENIUS

lets do it

Are you sure that’s worth committing a federal crime?

theweekmagazine:

Odds of death by vending machine: 1 in 112 million
Odds of death by fireworks: 1 in 340,733
Odds of winning the $500 million jackpot tonight: 1 in 176 million

7 things that will kill you before you win the Powerball jackpot 

In addition to Yuma being Yuma and Arizona being Arizona.

Context:So Romney gave McCain 25 years of tax returns as part of VP vetting in 2007 … and he’ll only give the public two?— David Roberts (@drgrist) July 13, 2012

Context:


When you take the “R” out of Romney, what are you left with?

When you take the “R” out of Romney, what are you left with?

Money in Politics is The Biggest Problem Our Republic Has

When I read or hear about the problems that government has that come from it being unresponsive to voters, I remember a line from one of my favorite movies, a line that is the most instructive to anyone to understand how politics have worked through out my life in the USA: Follow The Money.

It’s easy to do:

  1. Find one of your three legislators (two U.S. Senators or Representative) on FEC.gov
  2. Look at 3 PACs donating to their election campaigns.
  3. Follow those 3 PACs through the FEC database to other campaigns.
  4. Look at those other legislators - do you find a legislator that is a memeber of the other side of the political Pushme-Pullyou? Which end got more money - the D or the R? Is the D or R a bastard?

This segment of video is a great illustration of how we are penned in by the campaign donation:
Obama is penned in to moderate, half-measures restraining financial institutions, lest he be painted an anti-semite by Wall Street proxies trying to tie the Occupy movement to anti-semitism to protect thier own wealth. Relevations that President Obama gave money out of his own pocket to help strugling citizens shows me the man wants to do the right thing, but his political judgement is that the Office of President won’t allow him to do that. It’s not just an intransigent Congress that will prevent him, it’s the way that the system is set up. This system is older and much more pernicious than all of the money dumped on broadcasters from FEC vs. Citizens United. FEC vs. Citizens United serves to pump all kinds of noise in to the ears of all kinds of voters; campaign donations have been serving to create a checkbook consituency who all office holders must give some heed to in addition to that constituency that put them in office by means of the ballot. Campaign donations are vote dilution if not vote nulification. I can’t see our republic functioning or serving all of it’s citizens any better without finance reform being done first — I think it is the alpha and omega of politics in the USA. The saying goes that Money is the Mother’s Milk of Politics. I ask if that is the case, shouldn’t our republic have been weened long ago? We are, after all, over 225 years old.

Get Money Out is the best solution that I’ve seen to this problem. If you don’t have to get on a plane to go visit your Mad Money, I can’t urge you strongly enough to sign this petition. I’ve come accross some sceptisism/critisizm of the site because it was started by Dylan Ratigan, citing his past work on CNBC as a stock market cheerleader. That comes across to me as purity standing in the way of progress. I’m interested in getting something mostly good done, I’m interested in the idea here, not the history of a guy who was doing really well along most everyone else and is worried because other are not any more.

Goldman Sachs CEO Lloyd Blankfein, who just got himself a lawyer, may be facing the possibility of sinking, either because of his own words in April 2010 before the Senate Permanent Subcommittee on Investigations (PSI) or because his shipmates are distancing themselves in a legal version of every man for himself. Or both.

Recall that Blankfein emphatically told the subcommittee, “We didn’t have a massive short against the housing market, and we certainly did not bet against our clients.” The 650-page subcommittee report presented on April 13, 2011, which cites Blankfein 79 times, begs to differ.

The report accused Goldman of trading against its clients by simultaneously shorting certain subprime mortgage securities (a.k.a. “cats and dogs”) while stuffing them into the collateralized debt obligations it sold. It also suggested that Goldman executives, including Blankfein, misled Congress in testimony surrounding the Abacus CDO, Hudson, Timberwolf, and other deals, by saying it didn’t have a big short.

The top lesson I learned before leaving Goldman in the wake of Enron was Goldman’s foremost internal policy is to protect Goldman. It’s also to protect the most powerful members. When cracks manifest in the corporate armor, those two policies are at odds.

Goldman Sachs CEO Facing Prison

How do I describe this news without seeming like I’m not satisfied by my wife? This isn’t just great news, this is arousing!

Meet the Global Financial Elites Controlling $46 Trillion In Wealth

The economic elite have at least $46 trillion in wealth – but who are they? We look at the people and the industries picking the pockets of the working class.

The victims’ families quickly responded by successfully getting increased pilot safety rules placed into law, but they’ve encountered potential opposition in a recent amendment from Rep. Bill Shuster (R-Pa.). The legislation adds additional hurdles for the Federal Aviation Administration before the agency can enact safety regulations and critics argue that it would also weaken post-Flight 3407 reform efforts.

Shuster’s amendment — currently on its way to the Senate — also doubles as the latest legislative front for airlines, aviation unions and air transport groups. These entities, which often harbor competing interests, have long maintained a strong presence within Washington, D.C. And as the federal government’s focus on airline policy increases, their lobbying spending and outreach efforts will likely continue to rise.