What I Am Reading Today!

When Nassir Ghaemi, a professor of psychiatry at Tufts Medical Center, studied prominent figures of the American Civil War, he discovered that many of the greatest leaders during the war (e.g., Abraham Lincoln and Union general Ulysses Grant) were mentally abnormal or mentally ill, while many … Read More

via Minding the Workplace

Fault Lines: The Top 1% (via THE INTERNET POST)

On August 3, 2011 By southwerkIn business ethics

Exactly. The distribution of income is this country is a great moral and ethical problem. If the money were allocated according to ability and work ethic, that might make some sense but walk around in this country and look at the hard working men and women reduced to penury by law that favor financial “innovation” over hard work and productivity.

James Pilant

The richest 1% of US Americans earn nearly a quarter of the country's income and control an astonishing 40% of its wealth. Inequality in the US is more extreme than it's been in almost a century — and the gap between the super rich and the poor and middle class people has widened drastically over the last 30 years. Meanwhile, in Washington, a bitter partisan debate over how to cut deficit spending and reduce the US' 14.3 trillion dollar debt is u … Read More

via THE INTERNET POST

How The Rich Are Winning The Class War (via Blogadoccio’s Blog)

On August 2, 2011 By southwerkIn business ethics

I think that the No Child Left Behind law had severely damaged character education, critical thinking and issue awareness among the young. An ability to take multiple choice tests, true false, or completion tests is not a useful employment skill. Yet that has become almost our sole measurement of educational achievement.

But the inaction of the middle class, whatever it’s cause, is critical to the success of the rich in shifting the tax burden.

James Pilant

The rich won the class war by depriving the middle and lower classes of education: history, civics, political education, and training in how to think critically. As a result, their mouthpieces can spout nonsense and the relatively uneducated voters now swallow it clean. The antidote, until we get a real education system back again, is for those of use whose eyes are open to educate those around us who cannot see what is going on. We need to devel … Read More

via Blogadoccio's Blog

Adding Insult to Injury – America’s Debt Ceiling Crisis & Who is responsible for the financial crisis in America? (via Tucson Blonde)

On August 2, 2011August 2, 2011 By southwerkIn business ethics

This is a explanation of why the rich are gaining ground and the middle class losing it. It cites statistics on a regular basis. No statistic cited is anything that I have heard contrary data on. So, I think the report was written with considerable research. I would note that there is not just a little passion in the post which is delightful to me but not always to my readers.

This blogger wrote a lengthy, well written and thoughtful article. Please visit the web site and reward those efforts.

James Pilant

Whose side is Congress on? In November 2009 the New York Times published an article about the number of US Senators and House members who were millionaires.[i] At the time two-thirds (66%) of the senate and more than half (55%) of the house were also millionaires. That year recorded an estimate of nearly 7% (ca. 21 million) Americans who were, at least, millionaires. If our “representatives” truly reflected the current state of our great Nation w … Read More

via Tucson Blonde

PROOF that tax cuts do not create jobs: Bush’s decade was a lost decade for U.S. economy, workers (via Under the Mountain Bunker)

On July 30, 2011 By southwerkIn business ethics3 Comments

I always thought that once supply side economics failed in the 1980’s, the idea would be dead. That was a major miscalculation on my part. The idea that cutting taxes raises revenue is so much fun for some people, that facts do not inconvenience them.

James Pilant

From the Washington Post: There has been zero net job creation since December 1999. No previous decade going back to the 1940s had job growth of less than 20 percent. Economic output rose at its slowest rate of any decade since the 1930s as well. Middle-income households made less in 2008, when adjusted for inflation, than they did in 1999 — and the number is sure to have declined further during a difficult 2009. The Aughts were the first decade … Read More

via Under the Mountain Bunker

Heritage Foundation’s Report Lacks Real Information (via Colloquial Usage)

On July 30, 2011 By southwerkIn business ethics1 Comment

I was appalled when I read the Heritage report. Apparently if your children have video games and you can afford a fridge, you really can’t be in that much economic distress? How weird are these guys? I appreciate this take down of their case that appliance ownership negates economic insecurity.

James Pilant

What is Poverty? a new report by The Heritage Foundation, has been getting a lot of press this week, first from Fox News and then from The Colbert Report. In fact, a link to the report was the first item that came up this morning when I searched for the term “poor in America” on Google. According to the abstract, the report's aim is to address the following problem: Exaggeration and misinformation about poverty obscure the nature, extent, and cau … Read More

via Colloquial Usage

The only debt I can care about these days is my own (via MichaelEdwardKelly.com)

On July 28, 2011 By southwerkIn business ethics1 Comment

This is a personal view of our current debt limit crisis. I liked his take on the situation and call your attention to it.

James Pilant

It's been a while since I've delved too deeply into a political discussion here, and that's been a conscious decision. I've really found myself thinking less and less about national issues as time has gone on, and I think this is a direct result of me thinking more and more about my own personal issues. So when it comes to this whole "problem" of the debt ceiling debate, I have little to offer. It's not that I haven't been watching the news, or r … Read More

via MichaelEdwardKelly.com

Are Things As Bad As They Seem? (via Info Ink)

On July 28, 2011 By southwerkIn business ethics

Yes, they are every bit that bad.

James Pilant

The partisanship…..the extremism……lack of respect…….the out right lies…….the misinformation (and yes, it is different from lies)…….and it all comes down to the American voter….YOU voted for morons and now you are paying the price for that vote…..I know, what could be so bad we might get lower taxes and balanced budget and spending controls….what could be so bad? Glad you asked! While you were bobbing and weaving through t … Read More

via Info Ink

An Economic Wake Up Call (via Here’s What Nancy Thinks)

On July 26, 2011 By southwerkIn business ethics

Income inequality in the developed nations is almost exclusively an American phenomenon. As you can see from the graph, we are more equivalent to African nations with limited economic development in terms of income

Another interesting article is the graph on the origins of our budget problems. Please pay attention to the enormous role played by the Bush tax cuts in destroying revenue.

James Pilant

I don't want a "share the wealth" society in the sense that Republicans like to threaten the people with… You have to admit, though, that there used to be a time when money made it to the top, the top would keep a little and spend the rest to grow their business by hiring new people and so forth. When the money trickled down, there was more money to trickle back up. Now, the mighty dollar is harder to come by because the money makes it to the t … Read More

via Here's What Nancy Thinks

Pilant's Business Ethics Blog

Tag: politics

What I Am Reading Today!