Much ado has been made of the rising income gap and the perceived shift in power.
Eighty-six percent of today’s millionaires did not consider themselves wealthy growing up (“self-made”), while only 14 percent said they grew up wealthy (“born-wealthy”). Key findings include:
• Of those who are self-made, their top sources of assets included investments/capital appreciation, compensation and employee stock options/profit sharing. Those who were born wealthy were more likely than the self-made group to cite inheritance, entrepreneurship and real estate investment appreciation as an asset source.
Better than 5 in 6 of America’s wealthy created their own wealth. And the method they used was work.
Cleaning out the stack. This thought courtesy of The Coyote:
So now that the Turkish incumbents have been re-elected, the government will allow Twitter to be turned back on in the country.
I think that the vast, vast majority of Americans would agree that this turning off of a communications vehicle several weeks before an election was a pretty transparent dodge to protect incumbent politicians, and that most of us would oppose such steps — even be outraged by them.
So why the hell was McCain-Feingold‘s ban on 3rd party ad-based communications 60 days prior to an election any different?
I think that a fundamental concept often times forgotten in American politics is that we are free. We are free.
Posted in Liberty
Tagged Free Speech