asterisk2a + baltimore   7

The Best and Worst Places to Grow Up: How Your Area Compares - NYTimes.com
[ nurture over nature ] via https://news.ycombinator.com/item?id=9485850 // &! http://www.nytimes.com/2015/05/04/upshot/an-atlas-of-upward-mobility-shows-paths-out-of-poverty.html via https://news.ycombinator.com/item?id=9485850 "Based on the earnings records of millions of families that moved with children, it finds that poor children who grow up in some cities and towns have sharply better odds of escaping poverty than similar poor children elsewhere. The feelings heard across Baltimore’s recent protests — of being trapped in poverty — seem to be backed up by the new data. Among the nation’s 100 largest counties, the one where children face the worst odds of escaping poverty is the city of Baltimore, the study found. [...] How neighborhoods affect children “has been a quandary with which social science has been grappling for decades,” [...] “This delivers the most compelling evidence yet that neighborhoods matter in a really big way.” &! Obama on Letterman - bit.ly/1zxFZWn
social  mobility  downward  mobility  income  mobility  childhood  development  childhood  Gini  coefficient  education  policy  Services  Public  Services  welfare  state  social  safety  net  inequality  Career  Politicians  sociology  child  poverty  poverty  food  poverty  squeezed  middle  class  social  study  social  cohesion  social  society  human  capital  post-racial  America  social  discrimination  racial  discrimination  ethnic  discrimination  No  Representation  short-term  thinking  short-term  view  generational  change  lost  generation  lost  decade  income  inequality  Makers  childcare  parenthood  parents  parenting  economics  trickle-down  economics  microeconomics  microeconomic  policy  Baltimore  Ferguson 
may 2015 by asterisk2a
The Real Looting of Baltimore... - YouTube
- same with mortgages linked to forex/different currency than your country of residence. // // abuse of existing instruments, not using it for intended purpose // and mis-selling of instruments and products - also see PPI ( Payment Protection Insurance ) mis-selling - http://www.bbc.co.uk/news/business-30695720 // and mis-selling forex linked loans (ie to Swiss Franc) to local governemnts and cities called Interest Rate Swap Mis-selling that got exorbinant expensive following the GFC actions (NIRP) by Central Banks (black swan) // all driven by managers meeting targets, getting and wanting bigger bonuses, wanting the bosses job, ... etc driven by cottage industry of analysts 'forecasting' that profit has to rise X% etc etc. // add also For Profit Schools! in the USA targeting Veterans & other rather financially illiterate :: youtu.be/P8pjd1QEA0c // biggest debt kind - mortgage and student loan debt // financial literacy also include gambling & lottery
Baltimore  Ferguson  mortgage  market  subprime  predatory  lending  practices  ninja  mortgage  UK  USA  Capitalism  crony  profit  maximisation  shareholder  value  foreign  currency  mortgage  bailout  corruption  abuse  of  power  CDS  MBS  lobbyist  lobby  Lobbying  revolving  door  Washington  GFC  toobigtofail  too  big  to  jail  TBTF  Gini  coefficient  financial  literacy  plutocracy  income  inequality  inequality  social  mobility  income  mobility  Western  World  Thomas  Piketty  economic  history  democracy  social  cohesion  libor  rigging  scandal  PPI  scandal  bonuses  bonus  Wall  Street  Payment  Protection  Insurance  mis-selling  Interest  Rate  Swap  banking  investment  banking  banking  crisis  American  Dream  Payday  Loans  debt  bubble  Super  Cycle  student  loan  debt  StudentLoans  lottery  gambling  downward  mobility 
may 2015 by asterisk2a
5 Things Everyone Needs to Know About Baltimore | Alternet
http://www.alternet.org/racism-real-real-reason-behind-baltimore-uprising // &! http://www.alternet.org/news-amp-politics/david-simon-my-country-horror-show "I don't think it's unique to America. [...] And that notion that capital is the metric, that profit is the metric by which we're going to measure the health of our society is one of the fundamental mistakes of the last 30 years. I would date it in my country to about 1980 exactly, and it has triumphed. [...] But the idea that it's [capitalism] not going to be married to a social compact, that how you distribute the benefits of capitalism isn't going to include everyone in the society to a reasonable extent, that's astonishing to me." nicht teil haben an der Gesellschaft. // &! alternet.org/economy/5-ways-its-become-crime-be-poor-america-punishable-further-impoverishment &! &! bit.ly/1EVuyKz &! bit.ly/1bFWwfU "Perspektivlosigkeit, Wut und Paranoia"
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may 2015 by asterisk2a

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