I read this today: Bill Gates alone has as much wealth as the bottom 40% of all U.S. households combined. That means that if 40% (the bottom 40%) yes that is almost half of the entire U.S population put all their money into a single bucket that amount would be equal to Bill Gates’ net worth. That is insane. Also: The top 10% own 71% of all private wealth. The … [Read more...] about Wealth
Archives for April 2010
Inside Job
PRESS PLAY TO READ THIS BLOG POST This is from last weeks episode of This American Life, it is truly radio journalism at it’s best. I listened to it on my way to work and just couldn’t believe my ears. The Episode is about a hedge fund by the name of Magnetar who created CDO’s with hand picked destined to fail home mortgages and then bet against them using a credit default … [Read more...] about Inside Job
Some Thoughts
So about 9 months ago, I came across the idea of minimalism. I guess this is not really a new idea, well, obviously since minimalism would come before consumerism, but the idea that less is more became not just an idea but part of my identity. Maybe it was the economic downturn that really put things into perspective for me, having saved judiciously for our entire life to … [Read more...] about Some Thoughts
Spring Revealed
We had a great weekend. The entirety which was spent outside. We frolicked with the family up at Meder Street Park, where Layla had me imagining again what it would be like to be little and have grass reach above my head, it must be a mysteriously outstanding world I thought. There is a tree up there, I call it the giving tree, it is perfect in every way, we sat we ate … [Read more...] about Spring Revealed
Tech Talk
I am writing this on the new scribe-fire extension for Google Chrome, and since I am king of a dork I am extremely excited about this. I was equally excited about the fact that chrome (my favorite web browser) had decided to allow extensions. These little things were the best part of FireFox when it was once the best browser. But Chrome is lightening fast and full of … [Read more...] about Tech Talk