Tag Archive: Poor


Housing 1% Soars As 99%ers Dive

 

 

Home Sales

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” As the housing recovery now moves in fits and still-weak starts, the super-pricey segment is sizzling. Sales of the most expensive 1 percent of homes in the U.S. are up 21 percent this year, according to a report from Redfin, a Seattle-based real estate brokerage. Sales in the remaining 99 percent are down 7.6 percent.

” There are haves and have nots, and the haves are the ones out buying,” Redfin CEO Glenn Kelman said.

  Ten local housing markets have seen sales growth above 50 percent this year, not surprisingly the top three in tech-heavy Northern California. Long Island, home to the hoity-toitiest Hamptons homes, has seen sales up 72 percent, and Seattle and Miami aren’t far behind.

” The stock market had a record year and now it’s begun to plateau, and so you see people moving their money out of the equity market and into the housing market,” said Kelman.”

 

 

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Responsibility to the Poor

Uploaded on Jul 19, 2009

” Milton Friedman 1978. From a lecture given at Stanford University.

Read about the racist minimum wage here:
http://www.lewrockwell.com/williams-w…
http://www.youtube.com/watch?v=zMMN3U…
http://www.lewrockwell.com/hornberger…
http://jewishworldreview.com/cols/wil…
http://mjperry.blogspot.com/2010/03/m…
http://cafehayek.com/2010/04/an-entre…
http://mjperry.blogspot.com/2010/06/t…

From Milton Friedman Speaks: Lecture 04, “The Role of Government in a Free Society”
http://www.freetochoose.net/store/pro… “

Who Goes To Prison Due To Gun Control?

 

 

” Somehow, left-liberals have associated the cause of gun rights with white racism, when if anything it is gun control that has a racist legacy. In the United States, early gun laws targeted recently freed blacks, and open carry first became banned in California under Governor Ronald Reagan to disarm groups like the Black Panthers. Today, blacks and Hispanics are disproportionately subjected to humiliating stop-and-frisk searches in the name of gun control.

Perhaps the most telling data concerns the racial makeup of who goes to prison for gun violations.According to the U.S. Sentencing Commission, for Fiscal Year 2011, 49.6% of those sentenced to federal incarceration with a primary offense of firearms violations were black, 20.6% were Hispanic, and only 27.5% were white.

This is how gun laws actually work—those caught violating them go to prison. For the mere act of owning an illegal weapon—not necessarily for using it, not for threatening anyone with it, not for being irresponsible with it—people who have harmed no one are locked up in prison for years at a time. As with the rest of the criminal justice system, particularly the war on drugs, these laws disproportionately harm the poor and minorities. That is the inescapable reality of gun control.

It makes sense that blacks and others living in the inner city would rely more on private, illegal guns for self-defense. The police are unreliable at best in many of these communities. It also makes sense that minorities would be disproportionately hurt by these laws, because so many of the dynamics in play are the same as with the drug war—people are being punished for what they own, rather than what they have done to others; “

 

 

 

 

 

 

 

 

 

Nasty , Brutish , But Nearly Short Enough

The Rio Norte Line

big-brother-fatca-1

So says Nile Gardiner of the Telegraph:

Thomas Hobbes wrote that the life of man is “solitary, poor, nasty, brutish and short.” Today’s White House definitely isn’t poor, lavishly feeding off the wealth of the American taxpayer, and the current presidency certainly isn’t short, with nearly four more years to run. But it is undeniably nasty and brutish, as veteran Washington Post reporter Bob Woodward has found after questioning President Obama’s narrative on the sequester issue.

Woodward, one of two reporters who broke the Watergate story that led to Richard Nixon’s downfall (immortalised in the 1976 Oscar winner All The President’s Men), has revealed to CNN’s Wolf Blitzer that the White House warned him that he would “regret” his recent remarks on the sequester, made in Washington Post column. (Read the exchange of emails between White House economic adviser Gene Sperling and Woodward posted by Politico here

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