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Archive of posts published in the tag: wealth

The True Party of the Wealthy

From Investor’s Business Daily, Party Of The Rich? Not The One Most Think It Is Excerpts: What’s more, “the two biggest super PACs of 2014,” the “Senate Majority PAC and House Majority PAC,” were both backed by Democrats. The AP,…

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The Limits of Money, The Virtues of Wealth

Money will not purchase happiness for the man who has no concept of what he wants: money will not give him a code of values, if he’s evaded the knowledge of what to value, and it will not provide him…

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Jumping a Fiscal Grand Canyon

There is an axiom that if you have to jump a canyon you don’t want to do it in small steps.  If you have to lose a leg to cancer or gangrene, you do not make the task any less…

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The Snapshot Fallacy

Because wealth is accumulated over decades, it is highly misleading to draw conclusions from a snapshot of who owned what in any particular year.  A 2004 Business Week article about wealth said, “The top 10% of families, as measured by…

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Who are the Independents?

In the wake of the elections  of November 3, 2008 we noted the dramatic swing of the independent voter.  Who are these voters and why do they refuse to ally themselves with one of the two major parties?  I confess…

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