Showing posts with label wealth. Show all posts
Showing posts with label wealth. Show all posts
Monday, June 2, 2008
Wealth Redistribution Takes a New Form
In my naivete, I once thought insurance premiums were calculated based on asset risk class. That is, if I lived in an area likely to get hit by a tornado, my risk would be higher for homeowner's insurance. If I build in a flood plain I would expect to pay more for insurance. If I build a house on the beach in Florida, I would expect to pay insurance premiums out the nose because of the likely event of facing a hurricane. Some people don't see it that way.
Wednesday, May 28, 2008
The Memoir of a Former Press Secretary
In an opportunistic culture built around the desire for wealth and power, how are we to ever know the truth of our history? The political environment is especially vulnerable to this attitude because it is filled with practitioners of the art of deception whose sole purpose is the advancement of their personal agenda. Perhaps former White House Press Secretary Scott McClellan tells the truth in his new book, perhaps he doesn't. Sadly, we'll never know. I suspect his primary goal is to cash in on his years in service to George W. Bush. Check out the commentary on FoxNews and on Politico.com.
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