One quarter of all American real estate today owes more money on the mortgage...– Michael Hudson (via theamericanbear) Strategic defaults are a freerider solution, one that a system has to bear rather than benefit from. These freerider solutions often require a pretty in-depth understanding of the nuances of the system that they ride on, which is a marginal cost. The elite can...
Instagram Is Now Worth $77 Million Per Employee →
The total consideration for San Francisco-based Instagram is approximately $1...– Facebook to Acquire Instagram (via markcoatney)
How Tumblr Changed My Life
topherchris: by Tumblr User #2839: The Guy Who Was Hired from a Little Town in Florida to Help Make Internet Joy in New York In early 2009, I was a burned-out web developer in sunny St. Pete, Florida, secretly fascinated with my popularity on this thing called Tumblr. That’s when I got an email from Tumblr’s president, asking if he could fly me to New York to meet in person. He wanted to talk...
liannakristine: RVA <3 keepme: rvabrendy: minicityrva: catsfurlife: infectiouslearning: ilovebeingoutside: this video is everything that is good about richmond. by my friend preston cochran. enjoy. Nice RVA footage. It’s weird seeing Richmond look so romantic. Absolutely stunning work. This is very cool How can I not reblog? Richmond, you big playground, you. I’ll...
Stories allow us to impose order on the chaos.– Why Storytellers Lie (via theatlantic)
jasencomstock: JasenComstock: I’m Not Kidding nailtipflips: joestanley: jasencomstock: People to me about how to get a job on Capitol Hill: people: how do I get a job on Capitol Hill? me: quit your job and work for free for a campaign for a year and they will give you a job or get an internship for free through the summer the year you… okay, so I’m feeling some kind of way...
Nyan Waits →
Go there now.
I'm Not Kidding
jasencomstock: People to me about how to get a job on Capitol Hill: people: how do I get a job on Capitol Hill? me: quit your job and work for free for a campaign for a year and they will give you a job or get an internship for free through the summer the year you graduate. people: I can’t do that I have bills and stuff. me: well guess what you aren’t getting. I took out 40k in loans for...
Congressional internships are welfare for rich...
Do progressive policies increase state...
squashed: Conservatives like to hold up California’s generally progressive policies next to its high unemployment rate as a claim that conservative policies are better for jobs. A look at the unemployment rate by state reveals how absurd this argument is. Nevada has the highest unemployment rate. (That’s right. Michigan’s been eclipsed. It is now tied for the 39th lowest unemployment with...
A Corrupt Corruption Index
barticles: When the Center for Public Integrity announced that New Jersey is, by its standards, a cleaner state than Virginia, there were some good reasons to dispute the finding. But the Times-Dispatch isn’t the only one to think so! This is from a piece in The Wall Street Journal… These sorts of findings admit of only two explanations: Either New Jersey has gotten a bum rap in the past or...
The 1918 Case That May Have Foreshadowed... →
The parallels between the child labor issue and the health care issue are remarkable. In both cases, the legislation in question was the product of a decades-long struggle. Universal health care has famously been a goal of American liberals since Theodore Roosevelt proposed it in 1912. The movement to abolish child labor, for its part, stretches back to the first years after the Civil War: When...