Much is being made of a Delaware court blocking Musk’s $50 billion compensation contract. See the reporting in the NYTimes: Elon Musk’s Tesla Pay Package Is Voided by Judge. The court found that the compensation was set by a Board … Continue reading
Its the time of year for summations, usually for just the previous year. My selection of charts explains much of the past 45 years for the rich, middle-class, and poor in America. The Great Divide The dark blue line describes … Continue reading
Last year, at about this time, I tapped away at the list below. In recent days I returned to the question of a new Siege of Angers. I came up with little new and found that last year’s Siege of … Continue reading
This video from 1Dime is a very good introduction to the actual workings of money in the economy. Though for my tastes, the video is burdened with way too many gratuitous visual gimmicks and fluffery, it is very well researched … Continue reading
This week’s fraud trial appearances by the Trump boys, Don, Jr. and Eric, Executive VP and Executive VP of Development and Acquisitions respectively in the Trump Organization, caused me to reflect on the duties of a manager. “As he [Eric] … Continue reading
Google turns 25 today. It has a surprisingly benign public image. Google describes its mission as: “Our mission is to organize the world’s information and make it universally accessible and useful.”[note]from Google About page.[/note] Forgotten or ignored is that Google … Continue reading
A video version of the earlier post, “$47 Trillion – the ripoff by the rich and corporations – in two charts – maybe a few more…..” is available on YouTube:
The other day I was poking around in TikTok to see what it is all about. Came across a quote from Karl Marx that struck a chord. “There must be something rotten in the very core of a social system … Continue reading
I was already 31 years old when the rip-off of America began in 1979. I was busy, and the changes in American life were only occasionally to be noticed. By the mid-1980s my management life started to feature the early … Continue reading
My previous post, “$47 Trillion – the ripoff by the rich and corporations – in two charts – maybe a few more…..” raises the question of exactly what 47,000,000,000,000 amounts to. There are so many “0”s! Let’s work with a … Continue reading
By chance, I saw an exhibition titled “The Future of Money” (thru 9.9.2023) at the Art Museum of The Hague, Netherlands in May 2023. The central work is a very large drawing that illustrates the flows of money through … Continue reading
Only the oldest amongst my readers will remember Edward R. Murrow’s 1960 CBS TV report Harvest of Shame (opens CBS channel on YouTube) that reported on migrant farm workers, including scenes from upstate NY and Long Island. Unfortunately, not a lot … Continue reading
Reich is offering an online course, “Wealth & Poverty”, that started today. I watched the first lecture, “What Happened to Income and Wealth?” Looks like this will be worth some ongoing effort. I suggest being ready at the fast forward … Continue reading
In the last couple of years articles have begun to appear with titles like: When Private Equity Becomes Your Landlord Where Have All the Houses Gone: Private Equity, Single-Family Rentals, and America’s Neighborhoods Meet the Latest Housing-Crisis Scapegoat Wall Street … Continue reading
China spends more on importing computer chips – $260 billion[note]John Lanchester, Putting the Silicon in Silicon Valley, London Review of Books 3.16.2023[/note] in 2017 – than it does importing oil. President Biden’s recent bans on the export of American-made chips … Continue reading