Be INFORMED

Friday, April 15, 2011

Friday Funnies:

    Boy! What a week in the political world of the United States. Obama gave his speech on the budget that he would like to see, while the Tea Party  American Taliban members wanted to hang Majority Leader Boehner out to dry because he “ caved “ to the demands of the Democrats in the budget bill. I can still hear those toads crying into their toilet paper.

Jay Leno:  "Obama called on Americans to have more grandchildren. Probably so there's more of them to pay off our debt."

"Vice President Joe Biden fell asleep during Obama's speech. He has now been named an honorary air traffic controller."

Conan O'Brien : "Political experts are saying NBC should take 'Celebrity Apprentice' off the air because if Trump runs for president, he could use it as an unfair platform. Because nothing says 'leader of the free world' like someone who can't stop a fight between Meat Loaf and Gary Busey.

Copyright © 2011 Universal Press Syndicate

 

   Copyright © 2011 Universal Press Syndicate

Copyright © 2011 Creators Syndicate

Hedge Fund Managers Earnings: Enough To Make You Vomit

   I ran across an article over at AlterNet covering the earnings of the top hedge fund managers and the average middle-class household earnings in comparison. Not a pretty picture when you consider that the fund managers and all of that wealth does nothing to add to the American economy as far as goods and such.

Just take a look at the latest reports on what the top hedge fund managers haul in. In 2010 John Paulson led the list with a record $4.9 billion in personal earnings. That’s a whopping $2.4 million an HOUR. Here’s a factoid to make you wretch: It would take the median US household over 47 years to earn as much as Paulson pocketed in just 60 minutes. And, every hedge fund manager pays a lower tax rate than the average family.