Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
google_ad_section_start By Ju-min Park SEOUL (Reuters) – Resentment has mounted so much in South Korea against what has come to be known as “gabjil”, high-handedness by the rich and powerful, that parliamentarians are proposing legislation to punish some of the worst abuses. A bill to be presented in the national assembly this month is formally…
A bunch of 12-year-old kids had their hearts broken this week. Jackie Robinson West, a team from Chicago’s South Side, won the U.S. title at the 2014 Little League World Series. They achieved their dream in dramatic fashion. I remember watching their pitcher give up the go-ahead homer against Nevada in the title game and…
Remember how workers were supposed to retire and open up higher positions and jobs for young people to move in to? That’s not happening because retirement is basically dead! Instead we’ll get grayternships, where older workers who would normally have retired now will get transformed in to bankers who I AM SURE will do trustworthy…
In a country beset by increasing wealth and income inequality, few places are more economically disparate than New York City. Part of what drives income inequality in New York is that it’s an extremely attractive place for the global elite to live, or in many cases to park their vast fortunes. On Sunday, The New…
Millennials are either impressively optimistic or blissfully ignorant. More than a quarter of them expect to become millionaires in their lifetimes—even as 46 percent of them still live at home with their parents. Those numbers are from Fusion’s Massive Millennial Poll, which surveyed 1,000 Americans aged 18-34. (For full results and methodology, click here.) …
Copyright 2015 Reuters G20 gives negative outlook for global economy U.S. Politics • February 10, 2015 5:09 AMFebruary 10, 2015 5:09 AM FOLLOW STORY FOLLOW STORY Copyright 2015 Reuters this is necessary because of the different way mobile and desktop/tablet handle the hero unit image Brisbane, Australia November 16, 2014 G20 gives negative outlook…
James Kwak hit the nail(s) on the head about our corrupt tax system that mostly benefits the very rich. Here are three tax avoidance strategies that he brings to light — and says these three tax schemes top his list for the ones most in need of tax reform… 1) Ending the “step-up in basis”…
Employers cut 53,041 jobs in January as the energy industry slashed positions in the face of falling oil prices, Challenger, Gray & Christmas reported. Layoffs hit nearly 2-year high in Jan: Challenger – Yahoo Finance.
If you have been a regular reader of mine, you are probably familiar with several things about me: First, you know I have been a steadfast bull during the entire rise in the stock market. It isn’t that I am such a genius or especially lucky. I just would rather not guess when the bull…
Feb. 3, By Christian Murray The city has plans to develop thousands of affordable apartments over the Sunnyside Yards. Mayor Bill de Blasio, during his state of the city address today, said that he aims to build 11,250 affordable units over the yards and said that the housing could cater to more than 30,000 people….