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thinkahol *

Actually, "the Rich" Don't "Create Jobs," We Do | Truthout - 1 views

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    You hear it again and again, varia­tion after varia­tion on a core mes­sage: if you tax rich peo­ple it kills jobs. You hear about "job-killing tax hikes," or that "tax­ing the rich hurts jobs," "taxes kill jobs," "taxes take money out of the economy, "if you tax the rich they won't be able to pro­vide jobs." ... on and on it goes. So do we rea­l­ly de­pend on "the rich" to "create" jobs? Or do jobs get created when they fill a need?
Parycek

Crowdsourced ideas make participating in government cool again - 0 views

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    opensource.com
thinkahol *

America Is NOT Broke - 0 views

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    America is not broke. Contrary to what those in power would like you to believe so that you'll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot. The country is awash in wealth and cash. It's just that it's not in your hands. It has been transferred, in the greatest heist in history, from the workers and consumers to the banks and the portfolios of the uber-rich. Today just 400 Americans have more wealth than half of all Americans combined. Let me say that again. 400 obscenely rich people, most of whom benefited in some way from the multi-trillion dollar taxpayer "bailout" of 2008, now have more loot, stock and property than the assets of 155 million Americans combined. If you can't bring yourself to call that a financial coup d'état, then you are simply not being honest about what you know in your heart to be true.
thinkahol *

Economic Expansion and Proper Redistribution of Wealth - Associated Content from Yahoo!... - 0 views

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    The forest was in chaos. Parts of it were burning and the food was scarce. Remembering how wonderful the forest used to be, various animal groups sent ambassadors to a very ancient owl. The wise owl remembered historical cycles and hopefully had clues on how to reset the forest so it could be productive again. They gathered by the gargantuan oak tree where the owl lived.
thinkahol *

Tomgram: Barbara Ehrenreich, On Americans (Not) Getting By (Again) | TomDispatch - 0 views

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    The big question, 10 years later, is whether things have improved or worsened for those in the bottom third of the income distribution, the people who clean hotel rooms, work in warehouses, wash dishes in restaurants, care for the very young and very old, and keep the shelves stocked in our stores. The short answer is that things have gotten much worse, especially since the economic downturn that began in 2008.
thinkahol *

New system could make censorship of Internet sites virtually impossible - 0 views

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    Chinese citizens could once again enjoy LOL Cats on YouTube - as well as content critical of the communist government - if a new system developed by researchers at the University of Michigan (U-M) and the University of Waterloo (UW) in Canada were implemented. The researchers claim the system, called Telex, would thwart Internet censorship and make it virtually impossible for a censoring government to block individual sites by essentially turning the entire web into a proxy server.
thinkahol *

We need big, brash, nonviolent climate protests. Are you in? | Grist - 0 views

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    Last week, a jury in Utah found Tim DeChristopher guilty for standing up to the oil and gas companies in an effort to protect our health and our climate. If the federal government thinks that it's intimidating people into silence with this kind of prosecution, think again. This is precisely the sort of event that reminds us why we need creative, nonviolent protests and mass mobilizations
thinkahol *

New Left Review - David Graeber: The New Anarchists - 0 views

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    It's hard to think of another time when there has been such a gulf between intellectuals and activists; between theorists of revolution and its practitioners. Writers who for years have been publishing essays that sound like position papers for vast social movements that do not in fact exist seem seized with confusion or worse, dismissive contempt, now that real ones are everywhere emerging. It's particularly scandalous in the case of what's still, for no particularly good reason, referred to as the 'anti-globalization' movement, one that has in a mere two or three years managed to transform completely the sense of historical possibilities for millions across the planet. This may be the result of sheer ignorance, or of relying on what might be gleaned from such overtly hostile sources as the New York Times; then again, most of what's written even in progressive outlets seems largely to miss the point-or at least, rarely focuses on what participants in the movement really think is most important about it. As an anthropologist and active participant-particularly in the more radical, direct-action end of the movement-I may be able to clear up some common points of misunderstanding; but the news may not be gratefully received. Much of the hesitation, I suspect, lies in the reluctance of those who have long fancied themselves radicals of some sort to come to terms with the fact that they are really liberals: interested in expanding individual freedoms and pursuing social justice, but not in ways that would seriously challenge the existence of reigning institutions like capital or state. And even many of those who would like to see revolutionary change might not feel entirely happy about having to accept that most of the creative energy for radical politics is now coming from anarchism-a tradition that they have hitherto mostly dismissed-and that taking this movement seriously will necessarily also mean a respectful engagement with it. I am writing
Johann Höchtl

Hacker News | Facebook is not worth $33 billion - 0 views

  • The whole section "Minority investment evaluations aren’t real" is so economically bizarre and incorrect that I don't even know where to start. It's like you wrote a blog post arguing that it is incorrect to refer to a 5' tall boy as 5' tall because he's often sitting down. Every single day every single public company in the world is valued by the last share traded, usually for a tiny fraction of the company.Finally, to the main point. Facebook has certainly figured out how to make money off of 500,000,000 users. And as they optimize, they will make a lot more money. When they figure out how to make another DIME off of every user, they will instantly be making another $50,000,000 a year... in pure profit. How much profit will 37signals make if you figure out how to make another dime off of every customer? Eh David? Facebook works on the theory that when you have a lot of people, you don't have to make as much per person, because the amount of money you make is the number of customers times the amount of money you make off of each one. Again, that pesky multiplication.
  • The bond and equity markets are based on sound regulation, transparency, and quarterly statements. Facebook has none of those things when it operates in the dark of the secondary markets.
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    Lenghty read Spolsky vs. dhh http://en.wikipedia.org/wiki/Joel_Spolsky about the valuation of Facebook and SNS
Johann Höchtl

EUROPA - Press Releases - Neelie Kroes Vice-President of the European Commission respon... - 0 views

  • I have said it before, and I say it again: yes to open data!
  • By involving third parties we can both improve services and be more transparent. That would be the definition of weGov.
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    Neelie Kroes on Open Government Data for Europe
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