Daily Topics - Tuesday January 24th, 2012

Hour One: State of the Union preview - Brian Deese, Deputy Director-National Economic Council & special assistant to the President
Hour Two: What you need to know about Mitt Romney's tax returns - Rodell Mollineau, President-American Bridge 21st Century
Hour Three: Why and how some Americans are preparing for the end of the world as we know it - James Wesley Rawles, Survival Blog
Comments

Although accessing Financial Times online articles outside of google searches will hit paywalls, just add "liveweb.archive.org/" before the url and you'll get the article for free. So here's a free link to the front page FT investigation on private equity Private equity profits called into question

Correction: The sun will not go supernova. It doesn't have enough mass for that. It doesn't even have enough mass to become a neutron star. It will turn into a red giant, and eventually blow off its outer layers, leaving a white dwarf.
Has anyone noticed that the earnings in your 401K are taxed as earned income when you withdraw them in retirement? Not at the 15% rate that "investors" pay now on capital gains. It didn't make much difference when the capital gains rate was higher than the tax bracket most of us will be in after retirement. Another example that shows the system is fixed for the benefit of the ultra wealthy over those who work for a living?

Ooh, excellent point, Tinkerin.
yeah Tinkerin really very good piont
i never noticed that :-P



Didn't Mitt Romney actually work for Bain Capital, not Bain? According to Randi Rhodes, Bain did venture capital, while Bain Capital did vulture capital.