Tuesday, September 27, 2016

The Money That Never Was

At this point there is $3.439 in the system. The bank has $271.

The current U.S. debt stands at approximately $18.15 trillion. I have often seen this figure stated in terms of debt per capita, but that’s not an overly helpful ratio because the government’s primary way to raise revenue to pay for debt and the interest on it is by taxing wage earners. Only about half the country is in the labor force, approximately 156.7 million people. That means there is almost $116,000 of U.S. debt per American worker!

When those thresholds were originally established in 1984, they were designed to include only a small number of higher-income taxpayers. But the thresholds weren’t indexed for inflation, and so over more than 30 years, the number of Americans affected by the provision has risen dramatically.

Wednesday, September 21, 2016

Eu Sofro

Eu sou ocidental. A minha cultura é esta, não me interessam as outras. De que me vale a cultura asiática, a cultura africana? Respeito-as, mas não são a minha. Não ma podem substituir. A minha cultura é esta e eu sofro com ela. - Arturo Pérez-Reverte

Charlottenburg Palace

Thursday, September 8, 2016

And when the population no longer wants it?

Like the mood in August 1914, that of 1933 represented the actual power base of the coming Führer state. There was a very widespread sense of release and liberation from democracy. What is a democracy to do when the majority of the population no longer wants it? There was a desire for something genuinely new: popular rule without parties, a popular leader figure. - Sebastian Haffner, 1987

Pawel Kuczynski

Erdogan and Putin represent an unusual view quite different from liberal democracy, far closer to the alternative form of authoritarian democracy. For them democracy is a form of government where the will of the popular majority is fully represented by an individual, to be implemented by that individual without regard for institutional or legal constraints. - Alexander Woolfson

Thursday, September 1, 2016

Portugal e a Sua Paralisia

Se existem paraísos fiscais é porque existem infernos fiscais. E Portugal é um deles. (André Abrantes Amaral)

Segundo os números mais recentes da Pordata em 2016, existem em Portugal mais de 3,6 milhões de pensionistas. Mais de 650 mil funcionários públicos. Outros tantos desempregados. Perto de 300 mil beneficiários do rendimento social de inserção. Somando estes quatro números deparamo-nos com 5,2 milhões de pessoas. E se a estes 5,2 milhões somarmos filhos menores e familiares dependentes, ultrapassamos facilmente os 6 milhões que Medina Carreira costuma citar com regularidade. Fixem bem o número, porque ele é o mais importante para explicar Portugal e a sua paralisia: num país com 10 milhões de habitantes, pelo menos 6 milhões beneficiam de transferências directas do Estado central.

IRS – Um Imposto Que Nunca Será Suficientemente Progressivo


Modernity cannot be identified with any particular technological or social breakthrough. Rather, it is a subjective condition, a feeling or an intuition that we are in some profound sense different from the people who lived before us.


We have to defend ourselves from ideological colonization. - Pope Francis

Martin Luther King’s central hope was that people someday would be judged by the content of their character rather than the colour of their skin. But the 2016 US election is far from being colour blind. It is littered with references to college-educated Whites or Black women or Hispanics, as if what mattered was skin colour. Back in 1964, the then Republican candidate Barry Goldwater agreed with the sitting president Lyndon Johnson that they would keep race out of the campaign and not exploit it for electoral purposes. They were different times. - Gavin Hewitt

The creator of the television show Black-ish is tired of people only seeing his show as a symbol of diversity. Kenya Barris said all anyone wants to talk about regarding his show about an African-American family is diversity and how many of its viewers are black. “I will be so happy when diversity is not a word,” Barris said. “It doesn’t matter who’s watching our show. The fact is that they’re watching it. I get so tired of talking about diversity, these are amazing, talented actors and amazing writers who give their all and they don’t have to do this. It’s crowding the conversation. Why is that important, who watched the show, why does it matter? Why do we keep having to have these conversations?”

An elite Manhattan school is separating whites in classes where they’re made to feel awful about their “whiteness,” and all the “kids of color” in other rooms where they’re taught to feel proud about their race and are rewarded with treats and other privileges. The program, these parents say, deliberately instills in white children a strong sense of guilt about their race. Some kids come home in tears, saying, “I’m a bad person.” They say white kids are being brainwashed into thinking any success they achieve is unearned. Indeed, a young white girl is seen confessing on a Bank Street video: “I feel guilty for having a privilege I don’t deserve.”

Frequency of the word 'Racism' in New York Times articles, 1851-2016

Os Portugueses

Patrícia Mamona

Renato Sanches