An index for the 99%: 12 items of Christmas with the family will cost you $79.81

The Consumerist reports on an annual holiday tradition from PNC Financial: According to the folks at PNC Financial, who have spent decades tracking the ups and downs of the gifts rattled off in the seemingly endless tune, the total cost of realizing the full “12 Days of Christmas” has crossed the $100,000 mark for the [Read More…]

Stay in touch with the Slacktivist on Facebook:

The search for new ways to take our money

Banks used to take more than $36 billion a year from their customers. They just took it. They did this by reaching into those customers’ accounts and removing the money $30 at a time. This was called “overdraft protection,” and the banks pretended it was a service for those customers. That practice has been reined [Read More…]

Stay in touch with the Slacktivist on Facebook:

Looking beyond their needs to determine fault

It’s been several days and I’m still a bit gobsmacked by the perverse audacity of Herman Cain’s oddly lovely rendition of “He Looked Beyond My Faults.” Cain is the frontrunner in a Republican presidential primary characterized above all by the opposite impulse from what that song is about. Amazing grace shall always be my song [Read More…]

Stay in touch with the Slacktivist on Facebook:

#OccupyTheTrailerParks

Doug Curlee of The Santee (Calif.) Patch brings us the story of what every manufactured-home owner fears: a sudden increase in the rent they pay on the land beneath their homes. Happily, for now, the City of Santee has a Manufactured Home Fair Practices Commission, and that commission voted to enforce fair practices. But as [Read More…]

Stay in touch with the Slacktivist on Facebook:

Smart people saying smart things

John Quiggin: “Keeping the state out of your bedroom” If you really want personal freedom, you can achieve it only by constraining property rights. Dahlia Lithwick: “Occupy the No-Spin Zone” I spent time this weekend at Occupy Wall Street and my husband spent much of last week adding his voice to the protesters there. I [Read More…]

Stay in touch with the Slacktivist on Facebook:

There’s absurd, then obscene, then Paul Ryan

“Chutzpah” is classically exemplified by the man who murders his parents and then pleads for mercy on account of being an orphan. A step beyond such chutzpah is laughable absurdity. A step beyond that is self-contradiction and hypocrisy so astonishing it becomes obscene. And a step beyond that is this Republican Party fundraiser, casting the [Read More…]

Stay in touch with the Slacktivist on Facebook:

Another way the rich are different

Here is another big difference between the 1 percenters and everyone else. They get paid to co-sign loans. Ever co-sign a loan? Maybe your kid is in college and you needed to co-sign for the student loans from Sallie Mae. Or maybe a friend or a relative’s car broke down and the only way they [Read More…]

Stay in touch with the Slacktivist on Facebook:

Unemployed in ‘The Affluent Society’

I read John Kenneth Galbraith’s The Affluent Society more than 15 years ago in an edition, the fourth, that was then already 10 years old. I don’t know how the argument of that book has held up over time or whether it is still well-regarded within the discipline of economics. But yesterday I found myself [Read More…]

Stay in touch with the Slacktivist on Facebook:

CLOSE | X

HIDE | X