Speaking to the BBC’s economics editor Stephanie Flanders at the World Economic Forum in Davos, Switzerland, Joseph Stiglitz called for more work to boost the educational opportunities of the “bottom 50%” of Americans, higher minimum wages, and more collective bargaining in the wor[...]
Posts Tagged ‘Wealth’
Real Wealth Goes Untaxed, Paul Alan and Jeff Bezos Relieved!
The Income Rich Take One For The Team. Thanks! I love talking about taxes. Our President and both houses of Congress have finally all agreed on a deal on this whole fiscal cliff mess. I’ve been holding my breath on this because I thought for sure that I’d be paying a lot more in taxes this [&he[...]
November 6th, 2012 - 10:03 am § in Misc.
Romneyisms: Romney owned a fetus disposal company
Although Romney has claimed that Bain made this purchase after his departure, the federal records show he is lying. Here’s what happened with Stericycle. In November 1999, Bain Capital and Madison Dearborn Partners, a Chicago-based private equity firm, filed with the SEC a Schedule 13D, which[...]
October 6th, 2012 - 10:13 pm § in The Ave Scene
Paul Allen Makes $1.5 billion off of Jeff Bezos
Amazon Shells Out $1B+ To Own The Keys To Its Seattle Corporate HQ[...]
September 27th, 2012 - 3:18 am § in The Ave Scene
Bill and Melinda make #1 again!
The top 10 people on this year’s Forbes 400 list are: — Bill Gates, $66 billion — Warren Buffett, $46 billion — Larry Ellison, $41 billion — Charles Koch, $31 billion — David Koch, $31 billion — Christy Walton & family, $27.9 billion — Jim Walton, $26.8 billion — Alice Walton, [...]
August 5th, 2012 - 10:30 am § in Misc.
The Ave Challenge: What is it?
A. Chinese President’s new yacht, “Poem” B. Steve Jobs’ yacht, “Venus.” C. Jeff Bezos’ waterfront home for Friday Harbor D. Qatari ferry to Shiekh’s private island E. Alaska’s first domestic cruise ship, “Kruglika” [...]
March 27th, 2012 - 6:40 pm § in America
Tax the Toys!
This past summer, billionaire Warren Buffett dusted off an old line about how his secretary pays a higher tax rate than he does, and ever since there’s been a running debate over tax fairness. ….From one angle of view, this seems absurd, particularly in a country that boasts of a progressive[...]
December 16th, 2011 - 1:13 am § in Misc.
The AVE Challenge: Whatisit?
A. Paul Allen’s newest toy. B. Set for Waterworld remake C. Chinese carrier D. Indian carrier E. Boeing’s first sea drone.[...]
Fire Aboard Eos!
BREAKING NEWS (well, sort of—it happened over a month ago)—The world’s largest sailing yacht has caught fire. Barry Diller’s Eos, named after the Greek goddess of the dawn, is a clipper-bowed Bermuda-rigged schooner. Built by the German Lürssen yard in 2006, Eosis 305 feet long. The old sal[...]