In Health Care Bill, Obama Attacks Wealth Inequality

The New York Times ^ | March 23, 2010 | DAVID LEONHARDT

[VeniVidiVici]

[Reeses]

Here's an interesting article on the game Second Life and how they almost launched a new economy, and how the government shut that part down. What's clear is they could have succeeded if there was no physical business or servers that could be shut down. What's needed are peer-to-peer virtual computer servers that act like the real thing but are dispersed and encrypted so that no court order could stop them or punish the owners, being none. Anonymous Internet communication techniques are growing and the next level is anonymous virtual storage space and application processing. This is an interesting but solvable technical challenge, made more important by the current political climate. The day may come when Free Republic is shut down because it exists on a real server.

[WOBBLY BOB]

I thought LBJ ended poverty.

[Touch Not the Cat]

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bump

[Leonardo DiCrapio]

Article says median household income has risen
less than 15% since 1980 (and blames this on reagan). of course median household income dropped from 1980 to 1981 (carter’s last year in office), and median household income was up approximately 25% from 1967 to 2008. typically misleading statistics that don’t give you any idea of how fast median household income was growing before reagan took office. from the graph, it looks the yearly percentage increases in median household income actually increased after reagan took office.

http://www.census.gov/prod/2009pubs/p60-236.pdf