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Meet the campaign connecting affluent techies with progressive candidates around the country
"Meet the Great Slate — a fundraising campaign that raised nearly a million dollars in 2017, mostly through Twitter, for eight seemingly random Congressional candidates from across the country. The Great Slate has no splashy slogans, no slick logos: just a bare-bones website, a donate button, and a lot of jokes on Twitter."
article  archive  politics  money  fundraising  pinboard 
march 2018 by grahams
A Brief History of the ATM — The Atlantic
"How automation changed retail banking, an Object Lesson"
atms  money  banking  history 
april 2015 by grahams
The power struggle over Josh Hamilton and why Rob Manfred needs to do what's right
"The Josh Hamilton case should be about his addiction and only his addiction. It's what anybody fighting substance abuse deserves: The ability to remain sober with as few distractions as possible. The very last thing he needs is people with vested interests in his career twisting his problems into something about themselves. This is not about the Los Angeles Angels, not about Major League Baseball's drug program, not about anybody but Hamilton and his disease.

"
mlb  baseball  addiction  drugs  money  unions 
march 2015 by grahams
The Pitchforks Are Coming… For Us Plutocrats
Memo: From Nick HanauerTo: My Fellow ZillionairesYou probably don’t know me, but like you I am one of those .01%ers, a proud and unapologetic capitalist. I have founded, co-founded and funded more than 30 companies across a range of industries—from itsy-bitsy ones like the night club I started in my 20s to giant ones like Amazon.com, for...
business  economy  money  politics 
june 2014 by grahams
How Detroit went broke: The answers may surprise you — and don't blame Coleman Young
Detroit is broke, but it didn’t have to be. An in-depth Free Press analysis of the city’s financial history back to the 1950s shows that its elected officials and others charged with managing its finances repeatedly failed — or refused — to make the tough economic and political decisions that might have saved the city from financial ruin.
economics  history  detroit  michigan  money  government  debt 
september 2013 by grahams
How Much Is a Life Worth?
Ken Feinberg, the man tasked with compensating victims after a devastating tragedy, knows the answer—and it's rarely the same
crime  money  boston  marathon  charity 
august 2013 by grahams
Making Cents
Damon Krukowski of Galaxie 500 and Damon & Naomi breaks down the meager royalties currently being paid out to bands ...
business  music  streaming  spotify  pandora  money 
july 2013 by grahams
Hedge Funds Are for Suckers
At the height of the financial crisis in 2008, a group of famous hedge fund managers was made to stand before Congress like thieves in a stockade and defend their existence to an angry public. The gilded five included George Soros, co-founder of the Quantum Fund; James Simons of Renaissance Technologies; John Paulson of Paulson & Co.; Philip Falcone of Harbinger Capital; and Kenneth Griffin of Citadel. Each man had made hundreds of millions, or billions, of dollars in the preceding years through his own form of glorified gambling, and in some cases, the investors who had poured money into their hedge funds had done OK, too. They were brought to Washington to stand up for their industry and their paychecks, and to address the question of whether their business should be more tightly regulated. They all refused to apologize for their success. They appeared untouchable.

What’s happened since then is instructive. Soros, considered by some to be one of the greatest investors in history, announced in 2011 that he was returning most of his investors’ money and converting his fund into a family office. Simons, a former mathematician and code cracker for the National Security Agency, retired from managing his funds in 2010. After several spectacular years, Paulson saw performance at his largest funds plummet, while Falcone reached a tentative settlement in May with the U.S. Securities and Exchange Commission over claims that he’d borrowed money from his fund to pay his taxes, barring him from the industry for two years. Griffin recently scaled back his ambition of turning his firm into the next Goldman Sachs (GS) after his funds struggled to recover from huge losses in 2008.
lol  financial  money  investments  suckers  freebeer 
july 2013 by grahams
Bitcoin Has No Intrinsic Value, And Will Never Be A Threat To Fiat Currency
There's a popular meme going around that fiat currencies (like the dollar, the British pound, the euro, and the yen) have no intrinsic value, and that they're only accepted because they're accepted, and that at some point, people will see through the "illusion" of the value of paper money, and realize that wealth lies somewhere else. Usually this argument is made by gold bugs.
But fiat currencies have tremendous intrinsic value because governments say they do. That's why they're called fiat currencies. They have value by government fiat.
This truth might be annoying, but the fact of the matter is that we live in a world of laws, where governments have armies, and can imprison you if you don't pay taxes. And every transaction that you do is taxed in some way, meaning that to operate in any practical matter in this world means transacting in U.S. dollars.
So the U.S. dollar isn't just important because other people think it is. The U.S. dollar is important, because the world's strongest entity, with the full force of the U.S. army, the FBI, the CIA, the NSA, and various local authorities with guns demands that you pay them in U.S. dollars. That's not faith. That's the law. Sorry.
money  economics  bitcoin  government 
april 2013 by grahams
Lefsetz Letter » Blog Archive » Amanda Palmer Kickstarter Event
You’re just not willing to work that hard.

So I sauntered up to the Pop Tart Gallery after parking my car on a side street convinced when I returned it would be minus the radio. You see this is not what we call a good neighborhood. 6th Street east of Vermont. Hell, I think if you drive a new car down the boulevard it spontaneously explodes.

And I’d never heard of the Pop Tart Gallery. I had to look it up on Google Maps. And when I got there, it was empty. With art on the walls.

Amanda paid each of these artists $500 to paint an album cover. There must have been a hundred of them.

But I’m getting ahead of myself.
amandapalmer  music  industry  money  kickstarter  boston 
july 2012 by grahams
The U.S. Government Is a Sham. The Federal Reserve Is Running a Secret Bond Market. Global Finance Is Controlled by an “Upperworld” of Rogue Black-Ops Fixers.
And other things that Sam Israel, the Ponzi schemer who cheated investors of $450 million and faked his own suicide, truly believed.
money  fraud  conmen  stories  conspiracy 
july 2012 by grahams
Where the Money Lives - Mitt Romney's Offshore Assets
For all Mitt Romney’s touting of his business record, when it comes to his own money the Republican nominee is remarkably shy about disclosing numbers and investments. Nicholas Shaxson delves into the murky world of offshore finance, revealing loopholes that allow the very wealthy to skirt tax laws, and investigating just how much of Romney’s fortune (with $30 million in Bain Capital funds in the Cayman Islands alone?) looks pretty strange for a presidential candidate.
money  politics  romney  business  taxes 
july 2012 by grahams
The Surprising Truths About Income Inequality in America: Big Issues: GQ
Guess what, compatriots? The gap between  the richest and the poorest among us is now wider than it has been since we all nose-dived into the  Great Depression. So GQ sent Jon Ronson on a journey into the secret financial lives of six different people on the ladder, from a guy washing dishes for 200 bucks a week in Miami to a self-storage gazillionaire. What he found are some surprising truths about class, money, and making it in America 
money  economics  us  rich  poor 
june 2012 by grahams
Taxi Medallions: How New York’s terrible taxi system makes fares higher and drivers poorer. - Slate Magazine
The taxi medallion system in New York and other cities raises fares, impoverishes drivers, and hurts passengers. So why can’t we get rid of it?
taxis  cities  transportation  economics  money 
june 2012 by grahams
red sox - Entering the new world order: A 2012 Red Sox draft primer - WEEI | Alex Speier
This year’s draft represents a dramatic sea change for a Red Sox team that flexed its considerable financial muscle in the acquisition of top amateur talent in recent years. The new Collective Bargaining Agreement has changed the rules for how teams acquire amateur players in significant fashion.

Major League Baseball desperately wanted to constrain the bonuses that have been given to high school and college players by teams like the Red Sox. In order to do so, a number of penalties were put in place to punish teams for spending beyond those slot recommendations.
baseball  redsox  mlb  draft  money  economics 
june 2012 by grahams
Why I Am Leaving Goldman Sachs - NYTimes.com
TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.
finance  money  quitting  resigning  economy  goldmansachs 
march 2012 by grahams
Apple's Supply-Chain Secret? Hoard Lasers - Businessweek
The iPhone maker spends lavishly on all stages of the manufacturing process, giving it a huge operations advantage
apple  business  supplychain  money 
november 2011 by grahams
SULLY BASEBALL: Don't buy the Dodgers, Mark Cuban. BUY THE PADRES!
But as a baseball fan, let me say that I'd rather Cuban not run the Dodgers. I don't think it takes much vision or talent to make the Dodgers winners.
baseball  mlb  markcuban  money  dodgers  padres 
november 2011 by grahams
If you were hacking since age 8, it means you were privileged. « Restructure!
Often, computer geeks who started programming at a young age brag about it, as it is a source of geeky prestige. However, most computer geeks are oblivious to the fact that your parents being able to afford a computer back in the 1980s is a product of class privilege, not your innate geekiness.
bias  gender  money  geeks  computers  education  from delicious
august 2010 by grahams
U.S. Helps Frequent Fliers Make a Mint - WSJ.com
Enthusiasts of frequent-flier mileage have all kinds of crazy strategies for racking up credits, but few have been as quick and easy as turning coins into miles.

At least several hundred mile-junkies discovered that a free shipping offer on presidential and Native American $1 coins, sold at face value by the U.S. Mint, amounted to printing free frequent-flier miles. Mileage lovers ordered more than $1 million in coins until the Mint started identifying them and cutting them off.
gimmicks  free  money  funny  hacks  flying  travel  from delicious
december 2009 by grahams
Cot's Baseball Contracts
A clearinghouse for MLB contracts, named for Cotton Tierney, who was the NL's fifth-leading hitter in 1922 & played the next season for $5,000.
baseball  mlb  contracts  info  database  money  from delicious
december 2009 by grahams
Joe Posnanski » Blog Archive » The Yankees Payroll
The following is a screed about the Yankees payroll. If you are a Yankees fan uninterested in a screed about the payroll, don’t read it. You won’t enjoy it. Go out, buy a championship T-shirt, reminisce about this great team, enjoy the victory. I’m telling you: Don’t read it.

As for the rest of you: The following is a screed about the Yankees payroll. It is, I think, something that is always bubbling below the surface of baseball (when you are not a Yankees fan). I rarely write about it because … it’s like writing about the heat in Phoenix. We all know it’s there, and we don’t really want to talk about it anymore. But with the Yankees winning the World Series and then talking about how it showed the team’s character, well, yeah, I thought maybe this once …
baseball  mlb  payroll  money  yankees  redsox  from delicious
november 2009 by grahams
Recession or no recession, many NFL, NBA and Major League - 03.23.09 - SI Vault
Recession or no recession, many NFL, NBA and Major League Baseball players have a penchant for losing most or all of their money. It doesn't matter how much they make. And the ways they blow it are strikingly similar
money  sports  economy  financial  mlb 
april 2009 by grahams
Municipal Bonds That Predate the Bronx Are Maturing Now - NYTimes.com
Anyone who has failed to keep track of a winning lottery ticket for all of 12 months may want to consider the efforts of 39 bondholders who have been safekeeping valuable, tissue-thin, New York City securities since shortly after the Civil War.
money  finance  economics  bonds  cities 
february 2009 by grahams
The End of Wall Street's Boom - National Business News - Portfolio.com
The era that defined Wall Street is finally, officially over. Michael Lewis, who chronicled its excess in Liar’s Poker, returns to his old haunt to figure out what went wrong.
finance  money  wallstreet  michaellewis  books  liarspoker  collapse 
november 2008 by grahams
Code on the Road: Laid off? The one thing you absolutely need to do on the first day
[..] chances are you've been laid off at least once from some crappy company and it's going to happen again. Here is my one piece of advice to you. The single most important thing to do as soon as you make it back to your house with that box full of stuff
career  ideas  jobs  money  startup  travel  work 
may 2008 by grahams
Naughtycodes - Web Store Discount Code Database
Online stores send out discount codes to SELECT groups of customers, leaving the rest of us to pay full price! To that we say, NO! We find and list ALL of the coupon codes and promotional codes that can be found.
bargains  cheap  code  cool  database  deals  discount  frugal  shopping  money  coupons 
november 2007 by grahams
What To Do Before and After You Win the Lottery
Americans spend more than $25.1 billion a year on lottery tickets, so somebody's got to win big. What if it's you? Would you be ready for the instant life-event change that comes with the winning experience?
lottery  gambling  financial  money 
march 2007 by grahams
Wes Anderson American Express Ad
As much as I hate ads before films, this one was pretty funny...
film  funny  money  video  youtube  wesanderson  movies  humor  ad 
april 2006 by grahams
The Torn-Up Credit Card Application
Sometimes, if I am feeling particularly paranoid, I'll tear them into little bitty pieces. [...] Could a determined and dexterous criminal gather all the bits, tape them together and apply for a card in my name?
security  privacy  money  funny  humor 
march 2006 by grahams

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