Related Articles
Why to oppose Summers: a resolution
A Resolution Opposing the Appointment of Larry Summers as Chairman of the Federal Reserve Whereas the current term for the Chairman of the Federal Reserve, Ben Bernanke, will end in early 2014 requiring President Obama to nominate a successor and the US Senate to confirm him or her, and Whereas the Federal Reserve, since its […]
Link: Secret and Lies of the Bailout
From Rolling Stone’s Secret and Lies of the Bailout: Sen. Sherrod Brown, a Democrat from Ohio, remembers a call with Paulson and Federal Reserve chairman Ben Bernanke. “We need $700 billion,” they told Brown, “and we need it in three days.” What’s more, the plan stipulated, Paulson could spend the money however he pleased, without […]
Look who doesn't pay their fair share
Using aggregated income tax data from the IRS for 2012, I calculated some statistics about zipcodes in Washington State and nationally. As you can see from the first chart near the end of this article, the average income in Medina, WA (home of the world’s richest man, Bill Gates) is $625,056. That’s over twice the […]