The wealth gap in USA; no recovery for middle income Americans

Very interesting, and frustrating. From the LA Times business section. "The latest data reinforces the larger story of America's middle-class household wealth stagnation over the past three decades," Using the latest Federal Reserve data, the Pew Research Center said Wednesday that the median wealth for high-income families was $639,400 last year — up 7% from … Read more

Yay! today is Boston Tea Party Anniversary

Dec 16, 1773: Sons of Liberty dump British tea Parliament, outraged by the blatant destruction of British property, enacted the Coercive Acts, called the "Intolerable Acts" by the colonists, in 1774. The Coercive Acts closed Boston to merchant shipping, established formal British military rule in Massachusetts, made British officials immune to criminal prosecution in America, … Read more

Today is Brigid’s birthday

HA! She asked me for an omelette pan, which I’m happy to get her (got two actually) since I like omelettes. Brigid, two months ago, near Bear Mountain   Past history on gifts to Brigid: When we were both living in Jamaica (which is where I met Brigid – we were both teaching in different … Read more

Tim Football: State championship today! A preview

From Lohud: Catholic state championship preview: Stepinac vs. Canisius "At full strength, I'd have to favor Canisius, but Stepinac definitely has a chance." Well, we'll see about that. Ex-Giant Tyrone Wheatley's son plays for Canisius, and is the #1 college prospect in the state. And here: Stepinac: " … we're going to go all out … Read more

Bad news for Tom: harvard says lefties less successful than righties

So this explains my problems! And it's Harvard wo we know it must be true. A new study by a Harvard University economist says lefties generally make less money than righties, and they may be worse off in other areas of life, too. “Lefties exhibit economically and statistically significant human capital deficits relative to righties, … Read more

“Living off the grid” with renewable energy: soon can be reality for many of us

Here's a good piece off the CNBC website – timely since we're having solar panels put on our roof. As the technology behind renewable energy evolves—and improves—more consumers will opt to cut ties with utility companies and become their own power source. Much like how people abandoned land lines for mobile devices, consumers will likely … Read more