Saturday, May 25, 2013

I care not how affluent some may be, provided that none be miserable in consequence of it. But it is impossible to enjoy affluence with the felicity it is capable of being enjoyed, while so much misery is mingled in the scene.

In England a king hath little more to do than to make war and give away places; which in plain terms, is to impoverish the nation and set it together by the ears. A pretty business indeed for a man to be allowed eight hundred thousand sterling a year for, and worshipped into the bargain! Of more worth is one honest man to society and in the sight of God, than all the crowned ruffians that ever lived.
—Thomas Paine

Published anonymously, Common Sense appeared on Philadelphia streets in January 1776. It was an instant success, and copies of the pamphlet were soon available in all the thirteen colonies. Paine's was an unequivocal call for independence, and many Americans wavering between reconciliation with and independence from Britain were won over to separation by Paine's powerful polemic against monarchy, in general, and the British, in particular.





Men did not make the earth... It is the value of the improvements only, and not the earth itself, that is individual property... Every proprietor owes to the community a ground rent for the land which he holds.












Published on May 24, 2013
Cenk Uygur (http://www.twitter.com/cenkuygur) discusses a recent New York Times article which discusses recent proposed banking legislation. Join the fight to get money out of politics at http://www.wolf-pac.com

WASHINGTON — Bank lobbyists are not leaving it to lawmakers to draft legislation that softens financial regulations. Instead, the lobbyists are helping to write it themselves.

One bill that sailed through the House Financial Services Committee this month — over the objections of the Treasury Department — was essentially Citigroup's, according to e-mails reviewed by The New York Times. The bill would exempt broad swathes of trades from new regulation.

In a sign of Wall Street's resurgent influence in Washington, Citigroup's recommendations were reflected in more than 70 lines of the House committee's 85-line bill. Two crucial paragraphs, prepared by Citigroup in conjunction with other Wall Street banks, were copied nearly word for word. (Lawmakers changed two words to make them plural.)

Read More: http://dealbook.nytimes.com/2013/05/2...






















A snail was mugged by a tortoise. The police said "Can you give us a description of your attacker?

The snail said, "no, it all happened so fast!" 



 




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