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Why Does Materialism Get a Bad Rap?

June 18, 2014 • Top Story • 5258

Normally, Louis C.K. deserves all the accolades he gets. He is a comedian at the top of his game and like the legends that have come before him- Carlin, Pryor, Bruce, to name a few -he takes society to task over our foolish idiosyncrasies. But this time he got it wrong when he took US to task for our materialism. What he overlooked was the power that materialism holds within the free market, it drives innovation, it spurs the bright minds that have brought us things like Apple, Google, Facebook. That insatiable need of the savvy consumer to identify and pursue better goods and services is the ethos that makes this country great.

Links

-> Beware Of Materialism: Louis C.K.’s Lesson For Liberals And Conservatives

-> 10 Things You Need To Know Before The Opening Bell

-> Price of Electricity Hit Record for May

-> ‘Biohacking’ Entrepreneurs Turn to Smart Drugs to Supercharge Their Productivity

-> Price Index for Meats, Poultry, Fish & Eggs Rockets to All-Time High

-> Zen And The Art of Fund Management

-> Hackers Blackmail Domino’s Pizza for $40,700 Ransom

Photo: nyoin via Flikr
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The ideology of capitalism makes us all into connoisseurs of liberty — of the indefinite expansion of possibility.

” Susan Sontag ”
Image: Canceling The Dream of College

June 17, 2014 • 5761
Eric Hoffer: Poets to Businessmen

June 16, 2014 • Videos • 2080

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Where’s Our Money?

June 16, 2014 • Top Story • 5984

Unprecedented amounts of money have been ‘recouped’ by the Fed over the ’08 financial crisis. but where has all it gone? Since the Government starting levying massive fines (to the tune the of $100b) on institutions tied to fraud during the economy’s collapse, tracking of where these monies is going has been spotty at best. For example, of the $13b J.P. Morgan was fined -$4b went to as restitution to homeowners harmed by the alleged frauds. Where did the rest of the money go? Into the coffers of our bloated, black hole of a Federal Government, probably into a fund to build a bridge to no-where.

Links

-> Huge Wall Street Fines Raise Calls for More Transparency

-> 10 Things You Need To Know Before The Opening Bell

-> The Supreme Court’s 17 Cases

-> Sour Grapes: Blueberries Lose Out On Bonus Depreciation in Tax Extenders

-> European Shares Dip as Iraq Worries Grow

-> 11 Crazy Things People Used To Think Were Healthy

-> Awesome Tech Can’t Buy Yet, But You Can Invest

Photo: 176671 via Flickr
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Freedom in economic arrangements is itself a component of freedom broadly understood, so economic freedom is an end in itself … Economic freedom is also an indispensable means toward the achievement of political freedom.

” Milton Friedman ”
The President Has Lost The Trust of The People

June 13, 2014 • Top Story • 2041

A new Gallup Poll shows that a majority of Americans think President Obama is no longer trustworthy. This may not be news to most, but the quantification of this is very interesting. The last time a President was this poorly trusted, Americans were dying daily in Iraq. And now Iraq is back in the news, look how far we’ve come…

Links

-> Gallup: Majority Says Obama Not ‘Honest and Trustworthy’

-> T. Boone Pickens: Without Iraq’s Oil, Prices Could Hit $150-$200

-> The Bacon Cheeseburger Index, And Other Cool Measures

-> The Highest-Paid Athletes: 25 And Younger

-> Tesla Goes Open Source: Elon Musk Releases Patents To ‘Good Faith’ Use

-> 23 Things Great Leaders Always Do

-> Oops! The Former Lyft Driver Featured In Uber’s Ad Never Drove For Lyft

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The America Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.

” Alexis de Tocqueville ”
The Antidote To Aging

June 12, 2014 • Top Story • 1863

Retirement is dead, or at least retirement as we know it. A new survey of American adults over the age of fifty finds that seventy-five percent of respondents have zero plans to retire from the workforce. Most plan on working in some capacity, some hope to explore new and interesting careers that allow flexibility to live life in a relaxed fashion. Many are calling this the “Antidote to Aging.” But the real driving force, an economy that wiped out a third of the boomer’s wealth and left them holding the bag.

Links

-> Nearly 75% of Our Middle-Aged Have No Plans to Retire

-> Iraq Crisis: al-Qaeda Militants Push Towards Baghdad In Sight – LIVE

-> “Suspicious Device” Explodes At Nogales Power Plant

-> Google Is Planning To Enter The U.S Power Market

-> IMF Sounds Global Housing Alarm

-> EU Probe Into Apple’s Irish Taxes May Spawn New Laws

-> A Start Up Factory That Straddles The Berlin Wall Is Twitter’s New Home In Germany

Photo: stevendepolo via Flickr
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Eric Cantor’s Massive Failure, By The Numbers

June 11, 2014 • Top Story • 2107

House Majority Leader Eric Cantor (R-Va) lost last night in a primary race against a scrappy economics professor named Dave Brat, this loss is the equivalent to the Harlem Globetrotters being shut out by the Washington Generals. For example, Cantor’s campaign spent over $168k at steakhouses alone, compared to Brat’s campaign spending $122k, ON HIS ENTIRE CAMPAIGN!

Links

-> The Amount Of Money Eric Cantor’s Campaign Spent On Steakhouses Says It All

-> 10 Things You Need To Know Before The Opening Bell

-> What Does It Mean When The Capitalist Vanguard Starts Talking About Inequality?

-> 88 Charged in One of Largest Food Stamp Frauds Ever

-> FDA May Destroy American Artisan Cheese Industry

-> 5 Steps To Turn Inspiration Into Action

-> SBA’s Plan for Getting More Money into the Hands of Minority Business Owners

Photo: DonkeyHotey via Flickr
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Why Does Materialism Get a Bad Rap?

Image: Canceling The Dream of College

Eric Hoffer: Poets to Businessmen

Where’s Our Money?

The President Has Lost The Trust of The People

The Antidote To Aging

Eric Cantor’s Massive Failure, By The Numbers

Capitalist Quotes

Frederic Bastiat

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