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Why this absence of political ambition? What explains the rioters' genuflection at the altar of "crude materialist, market-driven hedonism"? To zone in on the answer, we need to step back and remind ourselves how strikingly unequal distributions of income and wealth impact how we interact with "things." In relatively equal nations, societies where minor differences in income and wealth separate social classes, people typically do not obsess over "things," the baubles of modern life. The reason? If nearly everyone can afford much the same things, things overall tend to lose their significance. People in more equal societies will be more likely to judge you by who you are than what you own. The reverse, obviously, also holds true. "As inequality worsens," as Boston College economist Juliet Schor has explained, "the status game tends to intensify." The wider that gaps in income and wealth go, the greater the differences in the things that different classes can afford. In markedly unequal societies, things take on ever greater significance. They signal who has succeeded and who has not. In London, the developed world's most unequal city, these signals may dominate daily life as ferociously as anywhere else on Earth. Their incessant repetition drowns out the socially cohesive signals that people see and hear and feel in more equal societies, the sense that "we're all in this together." "Let this week be a wake up call," London's Compass think tank observed right after the heaviest rioting. "There is more to clean up than broken shop windows."

The madness that is the proposed tax repatriation holiday is continuing and gathering steam. More and more members of congress are coming out of the woodwork, scratching their chins in contemplative consideration as it were, pretending that they've just realized what a great day a corporate tax holiday would be - not that they've taken gazillions of dollars from the firms lobbying for it or anything. The latest convert seems to be Nevada Democrat Shelley Berkley. Berkley's plan is to offer a pseudo-holiday - not the full-fledged happy-ending massage the companies wanted (i.e. a reduction from 35 percent+ to 5.25 percent) but a mere ten-point shave: Representative Shelley Berkley, a Nevada Democrat, is the latest lawmaker to consider legislation allowing multinational companies to send offshore profits to the U.S. at a reduced tax rate. Her proposal, which was confirmed yesterday by Berkley's communications director, David Cherry, would allow companies to return profits to the U.S. at a 25 percent tax rate, 10 percentage points below the maximum statutory rate. Most companies publicly supporting a holiday, such as Duke Energy Corp., have spoken favorably of the 5.25 percent rate that is being offered by Representative Kevin Brady, a Texas Republican. One thing that people must understand about this tax repatriation business is that it's a wholly bipartisan affair. It's not solely the work of evil Republicans. This is a scheme that requires heavies in both parties to help ram the knotty, hard-to-sell legislation through. On the Democratic side, unsurprisingly, the main actor is going to be Chuck Schumer. John Kerry is also involved with this nastiness. Barbara Boxer led the 2004 effort and the failed 2009 campaign to get a holiday, and is rumored to be lurking somewhere in this business. Note that Cisco, a California corporate heavyweight and one of the companies lobbying most ravenously for this tax holiday, has been a consistent lifelong contributor

There are a number things the public "knows" as we head into the election that are just false. If people elect leaders based on false information, the things those leaders do in office will not be what the public expects or needs.Here are eight of the biggest myths that are out there:

"De­ficit ter­ror­ists" are gutt­ing govern­ments and forc­ing the privatiza­tion of pub­lic as­sets, all in the name of "de­ficit re­duc­tion." But de­ficits aren't ac­tual­ly a bad thing. In today's moneta­ry scheme, in which most money comes from debt, debt and de­ficits are ac­tual­ly neces­sa­ry to have a st­able money sup­p­ly. The pub­lic debt is the peo­ple's money.

In the midst of fast-moving events in Syria and in the shadows of tyranny, oppression, lethality and massacres practiced by the Syrian regime, the Nation of Islam has been stabbed once again. Another waterfall of Muslim blood has been shed without any humanity. These stabs have been hurting the Muslim nation often and raise many questions about our disbanding and enemy's plots and plans from all sides. In the past weeks, Muslim advocates have been exposed to a gruesome massacre after being attacked by a Buddhist group that killed many Muslims. The media have posted terrible images of the victims of this massacre. The Myanmar government turned a blind eye, and it seems that they agree with the criminal killers. Things did not stop at this massacre but transcended to burn homes and farms of a large number of Muslims and killed dozens by fire. All this happened with the help of police junta Buddhism. On July 10, 2012 a curfew was imposed on villages that was inhabited by the Muslim minority, then the Buddhist groups covered by the Myanmar government started a campaign of ethnic cleansing and religious preference that killed 100 Muslims and injured about 300 people and burned nearly a thousand homes. Also, in this awful campaign they have been targeting scientists, doctors and intellectuals. Away from these events and tension, the main thing that everyone knows is that the Muslims there have been suffering for decades from the oppression and persecution of Buddhists via systematic violations. The group of Buddhists are committed against the Muslims there at different intervals, and force displacement, removal of citizenship, and the sophistication in the torture and "ethnic cleansing." Unjust arrests and the demolition of mosques and Islamic schools have deprived Muslims from the lowest human rights.

"What is most interesting about Ron Paul is the extent to which his domestic stuff, his social-issue libertarianism, his position on things not just like the war in Iraq but the war on drugs, calls out a really uncomfortable truth in Republican politics," she explained. "Which is that Republicans want their brand to be small, hands off government, but the policies they support are more like big intrusive government. Things like forced, mandatory drug testing by the government and federal regulation of every marriage in the country."

THE THINGS THAT PEOPLE DON'T LIKE ABOUT OTHER PEOPLE ARE THE THINGS THAT THEY HATE ABOUT THEMSELVES

"And once they do figure it out, of course, they could never rid themselves of it because the minority never had an interest in letting go of their advantage. Binder's history doesn't have much bearing on whether the filibuster is a good thing or a bad thing. Plenty of accidents are happy accidents. But it should put to rest the idea that the filibuster somehow represents the will of the Founders, or it was adopted as part of a conscious effort to protect minority rights. The filibuster was an accident. It has been reformed a number of times (notably in 1917, when cloture was set at 67 votes, and in 1975, when cloture was lowered to 60 votes). It can be kept in its current state, strengthened, weakened or abolished. There is nothing sacred about it."

Justice Samuel Alito silently mouthed off after Barack Obama called the Supremes out on their decision that corporations are allowed to spend freely on campaigns. As slights go it was a tepid thing. However, what he mouthed is nowhere near as important as the actions he took.

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.

As our brain sorts out of the thousands of bits of info it takes special note of those things your system of values and interest. We take note of those things that have been socially enriched objects and concepts

One of the most fascinating things to come out of the current We Are 99%/Occupy Wall Street protests is the We Are 99% Tumblr.  At the site, people hold up signs that explain their current circumstances, and it tells the story of a whole range of Americans struggling in the Lesser Depression.  It is highly recommended. DATA The site features pictures of individuals holding their signs, and occasionally the tumblr reproduces the text of the signs themselves underneath the image as html text.  Sometimes the text under the image is blank, sometimes it is a different message, but often it is the sign itself. In order to get a slightly better empirical handle on this important tumblr, I created a script designed to read all of the pages and parse out the html text on the site.  It doesn't read the images (can anyone in the audience automate calls to an OCR?), just the html text.  After collecting all the text on all the pages, the code then goes through it to try to find interesting points. It's a fun exercise, pointing out things I wouldn't have seen otherwise.  For instance, I found this adorable little rascal, pictured below, mucking up the algorithm, as the first version of the code assumed all the ages would have two digits.  I found that he, and the sign his mom made for him as a confessional to her son, hit me a ton harder than any of the more direct signs of despair in this economy:

The first thing that you should know about the American political movement is that you're going to be focused on two major things

Apologists for rising inequality often argue that since most Americans' income has risen despite rising inequality, there's no reason to complain about inequality other than envy. So it's worth remembering that we used to expect economic growth to deliver large increases in real income, not just a bit of a rise that's accomplished in large part through longer working hours; and that a major reason so many have seen such small gains is that a large part of growth has been siphoned off to the very high end.

Wall Street Isn't Winning - It's Cheating The two-tiered justice system: an illustration 9/10/2001: Rumsfeld says $2.3 TRILLION Missing from Pentagon  The due-process-free assassination of U.S. citizens is now reality The Quiet Coup "the finance industry has effectively captured our government" What OWS is about + data behind the movement Data privacy is now extinct in the U.S. "The problem that confronts us is that every living system in the biosphere is in decline and the rate of decline is accelerating. There isn't one peer-reviewed scientific article that's been published in the last 20 years that contradicts that statement. Living systems are coral reefs. They're our climatic stability, forest cover, the oceans themselves, aquifers, water, the conditions of the soil, biodiversity. They go on and on as they get more specific. But the fact is, there isn't one living system that is stable or is improving. And those living systems provide the basis for all life." The 1% are the very best destroyers of wealth the world has ever seen The prison industry in the United States: big business or a new form of slavery? How the GOP Became the Party of the Rich: The inside story of how the Republicans abandoned the poor and the middle class to pursue their relentless agenda of tax cuts for the wealthiest one percent