February 20, 2013
Germany Warns Against "Silvio the Savior" (And That May Backfire); Fake Horse Race Odds Get Around Blackouts
In Italy, the opposite is happening.
Hard hitting global and local news
Hard hitting global and local news
In Italy, the opposite is happening.
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See the original post: About That Surprise California Budget "Surplus": There is No Surprise and No Surplus Either
View the original here: Opting Out of Obamacare (the Unaffordable Health Care Act); Not Even Labor Unions Want It
See the article here: ECB President Draghi Urges Less Talk and More Talk (On the Same Subject)
View original post here: Spanish Debt Grows by €146 Billion, Largest Ever Recorded; Debt-to-GDP Highest Since 1910
View post: Wealthy French Eye Belgian Tax Breaks (Everyone in France Should Do the Same)
The original source of the data is a study Striking it Richer: The Evolution of Top Incomes in the United States by Emmanuel Saez. From 2009 to 2011, average real income per family grew modestly by 1.7% but the gains were very uneven. Top 1% incomes grew by 11.2% while bottom 99% incomes shrunk by 0.4%
Read More: Reader Reflections on "Watson" the Medical Computer
Moreover, Inflation is a cause for optimism says Bank of England governor Mervyn King.