Saturday, November 17, 2012

Debt burden—which exceeds 100% of GDP in U.S

On 15 November 2012, debt held by the public
 was approximately $11.45 trillion or about
72% of GDP. Intra-governmental holdings stood
 at $4.83 trillion, giving a combined total
public debt of $16.28 trillion.
GDP was estimated to be almost $16 trillion in 2012.

Mental inequality versus social inequality

Mental inequality is something that government cannot do anything about

Friday, November 16, 2012

Individual responsibility

Individual responsibility is the capacity to recognize and accept the consequences of a fact made freely.

Thursday, November 15, 2012

Turnout US presidential election 2012

Turnout dropped by 7.9 million voters, falling to 123.6 million this year from 131.5 million in 2008. This is the first decline in a presidential election in 16 years. Only 51.3% of the voting-age population went to the polls.

Monday, November 12, 2012

They're basically just looking for a steady job as their own boss.

Less than a quarter of America's 27 million small businesses have employees. An even smaller portion grow beyond 20 employees. And many of them don't want to. New research from the University of Chicago finds that 75% of small-business owners aren't aiming for growth at all. They're basically just looking for a steady job as their own boss.

Friday, November 9, 2012

The 2012 presidential election results in the highest income counties in the United States:



The 2012 presidential election results in the highest income counties in the United States:


Mitt Romney/Paul Ryan - 47%
R

Barack Obama/Joe Biden - 52%
D




Mitt Romney/Paul Ryan - 40%
R

Barack Obama/Joe Biden - 59%
D




Mitt Romney/Paul Ryan - 29%
R

Barack Obama/Joe Biden - 69%
D

Friday, November 2, 2012

Societies that herd livestock in rugged terrain tend to develop a “culture of honor.”

Anthropologists have long noted that societies that herd livestock in rugged terrain tend to develop a “culture of honor.” Since their wealth has feet and can be stolen in an eye blink, they are forced to deter rustlers by cultivating a hair-trigger for violent retaliation against any trespass or insult that probes their resolve. Farmers can afford to be less belligerent because it is harder to steal their land out from under them, particularly in territories within the reach of law enforcement.