Category Archives: money

death of lol. Also, asshat.

  “Lol is dead, Facebook says — ‘haha’ is the new way to say that you’re laughing“ Also, Burger King and their yip advertising gimmick What a bunch of transparent asshats. Can I say ‘asshat’ anymore? First they came for … Continue reading

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Scott Macclesfield: European merchant

From: Mr.Scott Macclesfield To: cc: Subject: REPLY AS SOON AS POSSIBLE. Dear Beloved, This letter may come to you as a surprise due to the fact that we have not yet met. Firstly, I have to say that I have … Continue reading

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“People who discovered they would save money if they switched insurance companies saved some average amount of money upon switching”

In a recent commercial for Allstate, Dennis Haysbert intones that drivers who switched from Geico to Allstate saved an average of $396 per year on their auto insurance. He then intones “Surprised?”* Not really, Dennis, and here’s why:  My guess … Continue reading

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It’s time to stop fucking around

The Quiet Coup – The Atlantic May 2009 Anything that is too big to fail is too big to exist. I don’t pretend to understand the convoluted way we got here. I do understand why we got here; we got … Continue reading

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Greenspan: “I have something both very obvious and incredibly stupid to say”

Congressional committee lamblasts Greenspan – Oct. 23, 2008 “We are in the midst of a once-in-a century credit tsunami,” Greenspan told the House Oversight and Reform Committee. Except that it hasn’t really been a century though, has it? What is … Continue reading

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the luck revolution

I’m not for penalizing genius, and I’m not for penalizing hard work. Genius and hard work deserve to be recognized by money. I am for managing luck. I believe the unlucky should be made less unlucky. The only way to … Continue reading

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I am a financial genius

Three months ago, in response to–well, nothing, really– I  reduced my 401k contribution from 10% to 5%, then to 1%, in order to reduce my exposure to non-money. Almost exactly a month ago, in response to a vague sense of … Continue reading

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Fredlines

As news has reared its ugly head recently, putinesque, one begins to realize we are living in interesting times. I’ve noticed that magazines and newspapers can’t keep up with the pace.  It’s one flaming brown sack of shit left on … Continue reading

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An artist’s conception of greed and ruin

Remember how a few years ago artists were employed to draw pastels of court scenes because cameras weren’t permitted in? I don’t know, I guess to protect the innocent, on the very off-chance that the accused were somehow found innocent? … Continue reading

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the impending run on yachts and caviar

Bush: Bailout plan necessary to deal with crisis – CNN.com We’re in the midst of a serious financial crisis, and the federal government is responding with decisive actions,” Bush said in a televised address Wednesday night from the White House. … Continue reading

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unionism, liberalism, and managed perception

Imagine if your job were set up in such a way that your value within the company rose over time, yet that value could not be extracted and put to work at any other company. For example, you’ve been working … Continue reading

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drinkability

“Drinkability,” as a rating of a beer, has to be among the most egregious bullshit terms ever devised by man. Drinkability. Drinkability. In a peer-reviewed paper (a peer-reviewed paper), drinkability is defined as “A beer that … invites the drinker … Continue reading

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Zimbabwean money to lose what little value it has

CNN.com: Zimbabwean money changeover Damn! I’ve got several Zimbabwean dollars/shekels/drachma lying about the house, left over from long ago. Guess I’ll have to book a flight.

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They thought it high time they made a lot of money

MiamiHerald.com | 05/30/2006 | Segway sets course for stock market Norrod said he was brought in as CEO last year for just that purpose by Segway’s principal investors, Credit Suisse Group and the venture capital firm Kleiner Perkins Caufield & … Continue reading

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More

Here’s an excerpt from my Economics book: “Supply-siders believe that how long and how hard people work depends on the amounts of additional after-tax earnings they derive from their efforts. They say that government should reduce marginal tax rates on … Continue reading

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Poverty Targets May Be Missed–BBC

I’ve got an idea: tax the shit out of the rich. You know Forbes’ annual list of the ultra-rich? Tax the living shit out of them.

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cash: it’s what’s for birthdays

Wal-mart and Barnes & Noble and whoever else has plastic gift cards for sale. My kids have received these for birthdays or Christmas, which means my relatives, some of them, are lazy and stupid. They’re lazy the same way I’m … Continue reading

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Economics 101

I’m taking this “macro economics” online course at JD this semester. I was kind of excited about being compelled to take it. I’d never taken an economics class before. I’ve been sometimes keenly and sometimes not so keenly interested in … Continue reading

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my neighbor and the wealth of nations, or ‘That Shit Crocks Profoundly’

I was talking to my next-door neighbor yesterday, for three or four minutes. Sometimes it’s unavoidable. The subject happened to be the air travel industry. My neighbor said that he thought it might be a good idea to re-regulate the … Continue reading

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de-Assing

Mulesing, named for a JH Mules, an Australian rancher, “involves slicing flesh and wool away from the sheep’s rump to prevent blowflies from laying eggs,” usually without anesthetic. Outrageous. Basically, sheep are de-assed without painkillers. That cannot feel good. Certainly, … Continue reading

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