Tuesday, October 13, 2020

50 richest Americans are worth as much as the poorest 165 million


50 richest Americans are worth as much as the poorest 165 million

Bloomberg – A look at U.S. wealth data through the first half of 2020 shows stark disparities by race, age and class. “New data from the U.S. Federal Reserve, a comprehensive look at U.S. wealth through the first half of 2020, show stark disparities by race, age and class. While the top 1% of Americans have a combined net worth of $34.2 trillion, the poorest 50% — about 165 million people — hold just $2.08 trillion, or 1.9% of all household wealth. The 50 richest people in the country, meanwhile, are worth almost $2 trillion, according to the Bloomberg Billionaires Index, up $339 billion from the beginning of 2020…”

Psychopaths are a dangerous lot. They lie as easily as they breathe and when they’re not busy gaslighting people they’re hunting for bits of sensitive information to exploit later on. Clinical therapists recommend that the best way to deal with psychopaths is to avoid them.

Yet most people are loath to abandon the little monster that is the smartphone. Particularly denizens of the Beltway. These users would be well advised take a sober look at their mobile devices and acknowledge the true nature of what they’re dealing with. 

Treat Your Smartphone Like Hannibal LecterAmerican Conservative. 


Watchdog urges more action to protect planes from hackers PBS

Flying still seems pretty safe.

Public opinion has softened its view on brutalism.

 In case you had forgotten this ongoing story: “By Thursday evening’s fourth round the 29-year-old from Oslo had extended his world record unbeaten streak to 125 games, with his last defeat coming in July 2018.”

 Which 21st century works will merit a close reading or rereading in 2050?  I tend to think virtually everything will be superseded, but I mean that as praise for what is to come, not pessimism about current work.

As the upward trajectory of crime continues, the gulf between the rates of violence in Black and White communities widened by 106 percent in the nation’s largest cities.” (WaPo)

Further results on falling mortality rates and diminishing viral load.  The broad upshot is that diminishing viral load seems to be more important than we had thought, and a variety of other factors less important.