Category: Money

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The Myth of the 99 Percent

Instead of labeling the majority, let’s build real coalitions for change, says Farai Chideya. By: Farai Chideya | Posted: December 16, 2011 at 4:37 PM For some people it was 9/11. For me it was Hurricane Katrina. “It” is the moment when you realize that the safety net you thought was beneath you has been shredded, the implicit [...]

I Like Ike!
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I Like Ike!

LYNETTE CHIANG - GalFromDownUnder
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What the world needs now is … Soft Capitalism

BY FC EXPERT BLOGGER LYNETTE CHIANG Thu Oct 9, 2008 While meandering around the Murray Hill district of Manhattan,  I was stopped dead by an intriguing sign: “Sal Anthony, famous Italian chef, has gone raw!” An Italian Chef going raw? Is that like a Chanel shopper going Goth? Delightful oxymorons scotch-taped in windows always sucker [...]

A protester holds a sign during the Occupy Wall Street demonstration at Zuccotti Park in New York, Oct. 10, 2011, Jin Lee / Bloomberg-Getty Images
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Some Millionaires Made A Video And This Is What They Said

Uploaded by TheAgendaProject on Jun 6, 2011 Ten year ago, Republicans made a mistake. They gave tax cuts to millionaires. They decided our country needed less money and millionaires needed more. Now our country doesn’t have the money we need to build an economy that will work for all of us. We need better roads [...]

David A. Thomas
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Young Blacks Want Their Own Businesses

The Bottom Line: What future entrepreneurs will look like, Georgetown’s biz-school dean and more. By: Frank McCoy | December 6, 2011 at 12:04 AM The writers and editors of Businessinsider.com must be sure that most of their readers don’t read Black Enterprise or know any black entrepreneurs (paging Michael Arrington), a conclusion that is also probably true, to [...]

iStockphoto.com - More than half of Americans are at risk of not having enough money for basic expenses in retirement, experts say.
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Raise Taxes on Rich to Reward True Job Creators

By Nick Hanauer December 01, 2011, 8:53 PM EST businessweek.com Dec. 1 (Bloomberg) — It is a tenet of American economic beliefs, and an article of faith for Republicans that is seldom contested by Democrats: If taxes are raised on the rich, job creation will stop. Trouble is, sometimes the things that we know to [...]

Fixing The Game by Roger Martin
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The Dumbest Idea In The World: Maximizing Shareholder Value

Steve Denning, Contributor forbes.com There is only one valid definition of a business purpose: to create a customer. Peter Drucker, The Practice of Management “Imagine an NFL coach,” writes Roger Martin, Dean of the Rotman School of Management at the University of Toronto, in his important new book, Fixing the Game, “holding a press conference on Wednesday [...]

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300 Economists Who Stand With #OccupyWallStreet

moveon.org Posted on November 30, 2011 by Brandon An extremely well-made clip, featuring economists who get it — and have signed a statement in solidarity. Occupy Economics from Softbox on Vimeo. Found on Econ4. Originally submitted by Brandon W.

Masters of Nothing (Cover)
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Lest We Forget: Why We Had A Financial Crisis

Steve Denning, Contributor RADICAL MANAGEMENT: Rethinking leadership and innovation forbes.com When a true genius appears in the world you may know him by this infallible sign, that the dunces are all in confederacy against him. Jonathan Swift It is clear to anyone who has studied the financial crisis of 2008 that the private sector’s drive [...]

Warren Buffett
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Warren Buffett: Euro System’s ‘Major Flaw’ Can’t Be Solved By Words Alone

Billionaire investor Warren Buffett said Europe’s debt crisis had shown up a “major flaw” in the 17-member euro zone system and it would take more than words to fix it. “There is a major flaw in the euro system … I do know the system as presently designed has a major flaw and that flaw [...]

Walter Stoneman/Getty Images - The ideas of John Maynard Keynes, seen here around 1940, had great influence over the economic policies that followed the Great Depression and World War II.
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Keynes’ Consuming Ideas On Economic Intervention

by DAVID WELNA November 16, 2011 npr.com The last in a three-part series on thinkers who have had a lasting influence on economic policymakers. Other stories featured Ayn Rand and Friedrich Hayek. On his deathbed the year after World War II ended, John Maynard Keynes is said to have remarked that his only regret in life was that [...]

Bankers and Cops Supporting OWS
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Bankers And Police Stick Up For Occupy Wall Street

Share this to remind people never to lose heart!   Found on Imgur. Originally submitted by Linda P.

The Story of Broke
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The Story of Broke

storyofstuff.org The United States isn’t broke; we’re the richest country on the planet and a country in which the richest among us are doing exceptionally well. But the truth is, our economy is broken, producing more pollution, greenhouse gasses and garbage than any other country. In these and so many other ways, it just isn’t working. [...]

Occupy Wall Street Rally
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Keith Ellison Supports Occupy Wall Street In YouTube Viral Video

Hayley Miller huffingtonpost.com WASHINGTON — Rep. Keith Ellison (D-Minn.) said in a YouTube video released on Saturday that Congress should “step up” and support the Occupy Wall Street movement. “What we need to do as members of Congress is step up and do our job: create some jobs, put this economy in order, get some lending back [...]

Djamila Grossman for The NYTimes - Jon M. Huntsman Sr. with Marion Fausett at the Huntsman Cancer Institute in Salt Lake City, which he heavily supports.
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A Billionaire With Distinct Ideas of Philanthropy, and Presidential Politics

By KIRK JOHNSON Published: October 15, 2011 nytimes.com SALT LAKE CITY — Jon M. Huntsman Sr. — billionaire industrialist, father of a presidential hopeful, four-time cancer survivor — has no patience for the Scrooges of the world. Even the philanthropist club of billionaires started by Mr. Huntsman’s friend Warren E. Buffett that is trying to enlist the [...]

Robert Johnson
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Robert Johnson, Proposes Plan To Reduce Black Unemployment

Janell Ross huffingtonpost.com Robert Johnson, First Black American Billionaire, Proposes Plan To Reduce Black Unemployment As Congress weighs the Obama administration’s jobs package, RLJ Companies CEO Robert Johnson is pushing a proposal that he says marshals the capacity of the nation’s biggest companies to significantly reduce black unemployment. Johnson has dubbed his idea the “RLJ [...]

Occupy Wall Street Rally
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The Occupy protests: A timely call for justice

By Eugene Robinson, Published: October 10 washingtonpost.com Occupy Wall Street and its kindred protests around the country are inept, incoherent and hopelessly quixotic. God, I love ’em. I love every little thing about these gloriously amateurish sit-ins. I love that they are spontaneous, leaderless and open-ended. I love that the protesters refuse to issue specific demands [...]

http://standupforamerica.wordpress.com/2011/04/21/capitalism-v-communism/
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State capitalism vs the free market: Which performs better?

Posted by Michael Schuman Friday, September 30, 2011 at 4:38 am time.com For much of the past 30 years, the long-running, 20th-century contest between state and market had appeared settled. The strong, post-Reagan economic performance of the U.S. based on deregulation, free trade and capital flows and globalization appeared to confirm the virtues of liberal economic [...]

iStockphoto.com - More than half of Americans are at risk of not having enough money for basic expenses in retirement, experts say.
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Saving For Retirement: How Much Do You Need?

by JENNIFER LUDDEN September 28, 2011 npr.com By some counts, fewer than half of Americans have ever tried to calculate how much they’ll need for retirement. And those who do? In one recent survey, half told pollsters they just guessed. A new poll for NPR, the Robert Wood Johnson Foundation and the Harvard School of Public Health [...]

Farrah Gray got his start selling hand-painted rocks. Growing up in inner-city Chicago in the 1980s, Gray grew accustomed to days "when the only thing in our refrigerator was the light that came on when you opened the door," he writes in his book, "Reallionaire."
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How Inner-City-Kid Farrah Gray Became A Millionaire By 14

By Dan Fastenberg, Posted Aug 24th 2011 @ 9:39AM It was also an event worth recording when a month would pass without anyone being shot in his housing project, he writes. So he was determined from a young age to become self-sufficient. He told AOL Jobs that he credits the poverty of his childhood as the great motivating [...]

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