Here is an interactive graphic from The Financial Times regarding European austerity programs:
See the above-mentioned link (The Financial Times) for more interactive information.
Peyton Manning to the Miami Dolphins??? It seems like this option might actually happen and the Dolphins have been waiting for a franchise QB to rely on since Dan Marino retired.
James Walker from ESPN lays out five reasons why Manning to Miami is the ideal fit:
Reason No. 1: The Dolphins have the right pieces in place
Reason No. 2: Miami’s defense is primed, ready
Reason No. 3: Miami’s owner has deep pockets
Reason No. 4: Location, location, location
Reason No. 5: The chance to beat Tom Brady
If Manning goes to the Dolphins and if he can stay healthy, Miami would be a legitimate playoff and Superbowl contender.
How much of a difference can getting a college degree really make? A lot, and more as the degrees get higher. This chart from Justin Wolfers shows that an education can pay off significantly.
According to this chart, people without a high school diploma are suffering 14.9% unemployment right now, and that’s just the U-3! Just imagine what the underemployment rate is for this age bracket. This compares to a much more reasonable 5.4% for those with a bachelors degree.
Hat Tip: Floating Path
Here is an interesting read from The Atlantic regarding the successes and stumbles of the world’s great rising economies, also known as BRICs (Brazil, Russia, India, and China).
As investors and economic analysts cast about for the next batch of high-growth markets, the article points out 5 lessons from the BRICs: (1) Work on the middle-income transition plan; (2) Trade, trade, trade; (3) state capitalism can work; (4) corruption kills; (5) strong civil society matters.
The following is a list of the 10 richest US Presidents from 24/7 Wall St via Yahoo Finance. The net worth figures for the 10 wealthiest presidents are in 2010 dollars. Because a number of presidents, particularly in the early 19th century, made and lost huge fortunes in a matter of a few years, the net worth for each president is for the peak time.
1. George Washington
Net worth: $525 million
In office: 1789 – 1797
2. Thomas Jefferson
Net worth: $212 million
In office: 1801 – 1809
3. Theodore Roosevelt
Net worth: $125 million
In office: 1901 – 1909
4. Andrew Jackson
Net worth: $119 million
In office: 1829 – 1837
5. James Madison
Net worth: $101 million
In office: 1809 – 1817
6. Lyndon Baines Johnson
Net worth: $98 million
In office: 1963 – 1969
7. Herbert Clark Hoover
Net worth: $75 million
In office: 1929 – 1933
8. Franklin Delano Roosevelt
Net worth: $60 million
In office: 1933 – 1945
9. William Jefferson Clinton
Net worth: $38 million
In office: 1993 – 2001
10. John Fitzgerald Kennedy *
Net worth: $1 billion dollars (never inherited his father’s fortune)
In office: 1961 – 1963
* It seems according to this list, John F. Kennedy should be #1 on the list. Not sure why he is ranked #10.
In the case of each president, the article took into account hard assets such as land, estimated lifetime savings based on work history, inheritance, homes and money paid for services, which includes anything from salary as Collector of Customs at the Port of New York to membership on Fortune 500 companies’ boards. The net worth includes royalties on books, as well as ownership of companies and yields from family estates.
According to Gallup, Americans at this political moment are significantly more likely to identify as conservative than as liberal: conservatives outnumber liberals by nearly two to one. Forty percent identify as conservative, 36 percent as moderate, and 21 percent liberal.
It seems the ongoing economic crisis appears to have deepened America’s conservative drift – a trend which is most pronounced in its least well off, least educated, most blue collar, most economically hard-hit states.