Amazon investor Nick Hanauer gave a TED talk on income inequality and how the wealthy don’t create jobs. You’ll never see the video on TED.com. Why did TED deem Hanauer’s speech as too controversial?It is astounding how significantly one idea can shape a society and its policies. Consider this one.If taxes on the rich go up, job creation will go down.This idea is an article of faith for republicans and seldom challenged by democrats and has shaped much of today’s economic landscape.But sometimes the ideas that we know to be true are dead wrong. For thousands of years people were sure that earth was at the center of the universe. It’s not, and an astronomer who still believed that it was, would do some lousy astronomy.In the same way, a policy maker who believed that the rich and businesses are “job creators” and therefore should not be taxed, would make equally bad policy.I have started or helped start, dozens of businesses and initially hired lots of people. But if no one could have afforded to buy what we had to sell, my businesses would all have failed and all those jobs would have evaporated.That’s why I can say with confidence that rich people don’t create jobs, nor do businesses, large or small. What does lead to more employment is a “circle of life” like feedback loop between customers and businesses. And only consumers can set in motion this virtuous cycle of increasing demand and hiring. In this sense, an ordinary middle-class consumer is far more of a job creator than a capitalist like me.Read the full speech that TED said was too controversial to show. View the presentation.What do you think? Is there a problem with income inequality? Do the wealthy create jobs? Should taxes increase for the wealthy? Submit your story, ideas, questions here.
“The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.”
— The Rothschild brothers of London writing to associates in New York, 1863
Lamborghini Ankonian
Designer Slavche Tanevsky Lamborghini Ankonian concept vehicle design. The quintessential Batmobile, this Lambo is completely black out all the way down to the rims with an aggressive stance and angular lines resemble that of a stealth bomber.
(Source: theworldaroundkeith)
George Carlin - Germs, Immune System
Meet Irena Sendler (1910-2008)
She was a 98 year-old Polish woman at her time of death. During World War II, Irena worked in the Warsaw Ghetto as a plumbing/sewer specialist. She dedicated herself to smuggling Jewish children out. Infants were carried in the bottom of the tool box she used and older children in a burlap sack she had in the back of her truck.
She also had a dog in the back that she trained to bark when the Nazi soldiers let her in and out of the ghetto. The soldiers wanted nothing to do with the dog and the barking covered the kids’ and infants’ noises. Irena managed to smuggle out and save 2500 children during this time
She eventually was caught and the Nazis broke both her legs, arms and beat her severely. Irena kept a record of the names of all the kids she smuggled out and in a glass jar buried under a tree in her backyard. After the war, she tried to locate any parents that may have survived and reunited some of the families but most had been killed. She then helped those children get placement into foster family homes or adopted.
In 2007, Irena was up for the Nobel Peace Prize. She was not selected.
Al Gore won for presenting a slide show on Global Warming.
That’s our society for you.
WOW OK FUCK YOU AL GORE
Irena should have won. What she did was heroic and amazing. She really saved lives.
Wow. She’s an inspiration
Let’s face it. The nobel peace prize is a joke. Seriously look at the people who have won it latelly.
Parece-me que os pais dessa criança que aceitaram alegremente a religião mencionada poderão não ficar totalmente satisfeitos com a crítica subjacente…aw man, eu sei, ainda me atiram com agua benta no meio da missa e tentam fazer-me um exorcismo. escrevi “felicidades, etc. nao me lembra o resto xD”
Awh man you should have written that shit. I bet the parents’ reaction would be priceless
dude, acho que o pai faz uma arte marcial qualquer. e não vou arriscar a minha vida com um gajo que sabe essas chinesices, nuh-uh ainda quero viver.
Lol, essas chinesices xD. Speaking of martial arts… did you see the fucking ninja mariana reblogged yesterday?
André, sweetheart! cupcake! honey bunny! let’s go shopping for some anti-matter! :D
Challenge accepted. If you get the money that is.
ok, tu vais trabalhar para a esquina que eu passo a ser o teu pimp, tá? xD
acho que rendes.
Tss, even if i did that I guess it wouldn’t be enough to get that kind of money. Go rob a bank! or all of them.
