... most really rich people – the 1 percent of the 1 percenters – only get 19 percent of their income from working. The rest comes from investment income. That’s why billionaire Warren Buffett can make his claims about his secretary getting taxed at a higher rate than he does. Buffett’s wealth comes mostly from items that are taxed at a different rate than regular income. ... the protesters’ embrace of 1 Percenters such as actress Susan Sarandon and hip-hop mogul Russell Simmons shows that it’s not easy these days to pinpoint who is really a 1 Percenter and who is not.--Jeff Cox
I can't believe I'm hoping the three guys [Henry, Werner, Lucchino] who saved Fenway Park and brought us two titles will sell … but s---, I actually want them to sell at this point. It's like having your team owned by the Judge, the creepy old guy who sits in the dark in The Natural, only if you multiplied him by three, made him media-savvy and gave him a house organ (in this case, the Boston Globe) to print anything he wants. Enough is enough. Sell. Nobody trusts you any more.--Bill Simmons
... Generation X could use a better spokesperson. Barack Obama is just a little too senior to count among its own, and it has debts older than Mark Zuckerberg. Generation X hasn't had a real voice sinceKurt Cobain blew his brains out, Tupac was murdered, Jeff Mangum went crazy, David Foster Wallace hung himself, Jeff Buckley drowned, River Phoenix overdosed, Elliott Smith stabbed himself (twice) in the heart, Axl got fat.--Mat Honan
Never mind "Me, we." That makes us, them.--Chris Jones
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Wednesday, October 19, 2011
Quotes of the day
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