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Found 6 results

  1. I could, quite literally, spend every working hour for the rest of my life writing both pros and cons to the notion of a "Wealth Tax" versus an "Income Tax" (and most certainly, there are many pros and cons to both). But instead of doing that, I thought I'd let others do it. Please frame all arguments in terms of economics, sociology, humanity, etc., rather than partisan politics: This website officially doesn't care if you self-identify as a Republican, a Democrat, a Totemist, or a Wiccan, i.e., treat the issue as an issue; and not as a party line. I'll start with a question that popped into mind: How can you find out how much people are worth? Who knows how many people have a billion dollars stuffed into a mattress? (That is allegory, of course, but you get the point - and that is but one legitimate question of about a million legitimate questions.) "It's Time for the Wealthy To Watch Out" by Christine Emba on washingtonpost.com
  2. It's unclear exactly what you've been saying about the national debt, but if you're saying it's a looming crisis that's going to bring the U.S. economy crashing down, or end civilization as we know it, there's a good reason nobody listens to you: That's all nonsense. The great majority of U.S. debt held by the public is basically money that we owe ourselves; paying it doesn't make us poorer, because both the payer and the payee are us. Furthermore, almost all of the public debt is denominated in dollars, and the U.S. has absolute control over the supply of dollars. Finally, what better time to be in debt than when interest rates are practically zero? This is a great time to borrow, not such a great time to save.
  3. "Drop in Bar and Restaurant Spending Dampened U.S. Retail Sales in September" by Taylor Telford on washingtonpost.com
  4. So I was perusing my Capital One credit card charges last night and I see a $3,600 charge from Progressive Insurance. Hmm....(I) I don't insure anything with Progressive and (ii) nothing I own costs that much to insure. So I call Capital One, and Capital One conferences in Progressive. They all agree it's a fraudulent charge. I ask Progressive on whose behalf did I pay the insurance for and they wouldn't tell me, citing privacy concerns. I'm a little shocked that Progressive would accept payment on someone else's credit card for such a large amount. Capital One is usually pretty good at detecting fraud and e-mailing me of suspicious activity. I'm surprised they let such a large charge go through. Will Progressive open an investigation? Will Capital One open an investigation? Does any credit card fraud get criminally investigated? Googling suggests that I file a report with the police?
  5. "How Brunch Became The Most Delicious and Divisive Meal in America" by Roberto A. Ferdman and Christopher Ingraham on washingtonpost.com
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