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today's billionaire: david koch





The EARNDEX works like a stock market index. Every day it tracks the week-to-week fluctuations of keywords across 10 news categories of interest to earners, with links to the top stories. Stay informed. Get news that matters to earners here.
sharing news sharing -6%
Time to spread the wealth around, dahling!
The Blaze --- ...and contributors to join in. In a post on the companys website, Visual Arts Source publisher and co-editor Bill Lasarow writes that he was well aware of the Huffington Posts payment policy when his company agreed to provide the site with content. However,...

In Mideast, people demand share of wealth, recognition of their worth
Canton Rep --- The recent events in the Middle East show that people need a fair share of a nation’s wealth and recognition of their worth as citizens, or they will revolt. MacLife: All: W

The Right Way to 'Spread the Wealth Around'
american thinker --- ...the President should make his concept of "spreading the wealth" a bit clearer. Does "spreading the wealth" only occur if the government is spreading it around? Does the concept only work if the government decides who will be the recipients of our coerced largesse? Or does he mentally lump governmental outlays into the "charity" category, never expecting any value in exchange for his redistribution of someone else's wealth? ..

Michael Moore: Bookerista Response
Booker Rising --- ...to hide and protect his own fortune." Mr. Bazar continues his commentary: "If Michael Moore wants to convince me or anyone else of this 'finite money' theory and the need to share, then he needs to start writing some really big checks to the U.S. Treasury....

Michael Moore Tells Wealthy Their Money Is A National Resource, That is Ours
mediaite --- We’re not broke. This country is not broke. The state of Wisconsin is not broke. There’s a ton of cash in this country. . . . What has happened is is that we have allowed a vast majority of that cash to be concentrated in the hands of just a few people. . . . They are sitting on the money, they are using it for their own they are putting it someplace else, they have no interest in helping you with your life, with that money.

middle class news middle class 40%
The Fight Isn't Over to Save Ohio's Middle Class
monthly review --- ..This week against the overwhelming will of the people Gov. Kasich and his political allies dealt a blow to middle class working families.

Book Review: First Generation White Collar: A Practical Guide on How to Get Ahead and Not Just Get By by L. Marie Joseph
Blogcritics.org --- ...where our parents didn't have a university education, and didn't have professional jobs. Yet, even given the fact that they were predominantly low-paid, manual labourers, they still were much more money savvy than we are by far. They never were in debt, and...

Cape asks workers for pay cut
The News-Press --- ...units. Deile noted the agreement also will ease pressure to increase utility rates because it includes the pay for workers in the utilities division, which is funded by rates rather than property taxes. King also was asked if he would take a 3 percent cut...

The middle class is backbone of U.S.
times union --- ...If your wages and benefits are not as good as public or private sector unionized jobs, don't try to make yourself feel better by trying to get their wages and benefits lowered. Fight for better working conditions for yourself. ..

Government Cracking Down on Get-Rich-Quick Schemes
The Legal Times --- ...one against Ivy Capital Inc. and 29 co-defendants. The defendants allegedly took more than $40 million from people who paid thousands of dollars believing the company would help them develop their own Internet businesses and earn up to $10,000 per month. Vladeck...

poor news poor 6%
Read the series: 'Living on the edge'
Daily Local News --- ...helps low wage earners with heating bills -- bit.ly/hz9944 Housing for the poor remains major problem (video) -- bit.ly/hbbFZ3 Self-sufficiency standards can miss the mark -- bit.ly/hul92D Day 5: Chester County Food Bank receives grant -- bit.ly/gYyhwJ Food...

Food crisis: 'I'm going hungry so I can feed my daughter'
Bournemouth Daily Echo --- ...to work and other expenses. The majority of us are only three wage packets away from poverty and eventual homelessness. Pooles Citizens Advice Bureau says it hasnt dealt with as many hungry families since the recession of the early 1990s. These revelations...

India counts its homeless amid demands for action
Mail & Guardian Online --- ...Delhi, for example, there were only 14 government-run night shelters with a capacity of just under 3000 for a homeless population of more than 100000, the UNDP-backed report said. 'Fudging reality' In Mumbai, an overcrowded city of 18-million people, land...

Poverty symposium finds income gap growing wider
Inside Toronto --- ...the 1970s and '80s, but now it's less than 30 per cent." The poverty, housing and homelessness symposium was hosted by Davenport Councillor Ana Bailao, who was appointed the new affordable housing committee chair, in conjunction with the Toronto Board of Trade...

Food bank gives lifeline to poor
BBC Berkshire --- ...they're so needy. "These pockets of deprivation have always existed. There are now 90 food banks in the UK." The Foodbank works with 37 agencies, ranging from local authorities to charities, using a voucher system to help those believed to be most in need....

top 1% news top 1% 13%
T. Rowe CEO Kennedy earns $7.1M in 2010
Baltimore Business Journal --- ...Rowe Price Group Inc. CEO James A.C. Kennedy saw his pay package climb 51 percent in 2010, compared with 2009, the company said in a Securities and Exchange Commission filing on Friday. Kennedy had total compensation of $7.1 million last year, compared with...

EMCs Tucci sees pay climb in 2010
Boston Business Journal --- ...million last year, ... Top executives at EMC Corp. (NYSE: EMC) saw their pay increase in 2010, among them CEO Joseph Tucci, whose compensation package grew 37 percent to $12.4 million, according to a regulatory filing. The Hopkinton, Mass.-based data storage...

KB Home CEO gets $6.1 million in 2010 compensation
KansasCity.com --- ...compensation valued at about $6.1 million in fiscal 2010, about 17 percent less than what he got the year before, according to an Associated Press review of data filed with regulators. The executive stood to receive as much as $2.25 million more under an incentive...

The New Class Warfare
Big Government --- ...invest in them to educate and empower people in the democratic process. Billionaire George Soros and wealthy liberals fund Common Cause and other like-minded groups and they, too, have the right to do this in our wonderful democracy. There is plenty of money...

EMC CEO Awarded $12M Compensation Package
Boston Channel.com --- ...with the Securities and Exchange Commission. The package represents a 37 percent bump from a year earlier. Tucci's compensation package in 2009 was valued at $9.0 million. The bulk of the award was stock and options that will be doled out based on EMC's...

inequality news inequality 25%
Only 6 per cent Chinese say they're happy: poll
Asia One --- ...fruits of economic development so more people benefit because the widening wealth gap is "tearing society apart". According to a World Bank report, the Gini coefficient for China is now close to 0.5, which points to an unequal distribution of income that could...

Just How Rich Is the National Peoples Congress?
Roubini --- ...China, the article seeks to show that the NPC is representative of the widening income gap in China. The richest 70 of the 2,987 members have a combined wealth of 493.1 billion yuan ($75.1 billion), and include Chinas richest man, Hangzhou Wahaha Group...

Wen Jiabao Sees Billionaires When Communists Convene as Wealth Gap Widens
China Digital Times --- ...to join it a decade ago. The step now risks hampering efforts to tackle inequality, such as higher taxes on upper-income earners, financial disclosures and real- estate levies, said Huang Jing of Singapore National University. Of course, while it is interesting...

China Targets 8% Growth; Wen Pledges to Decisively Curb Prices
BusinessWeek --- ...is used as a predictor by analysts for social unrest. The average full-year income in the countryside last year was 5,919 yuan ($900), the statistics bureau said last month. The wealth gap is at levels not seen outside of Africa, Credit Suisse Group AG said...

The scandal no one talks about: Income inequality
Salon --- ...Rather, the bulk of our growing inequality has been a product of skyrocketing incomes among the richest 1 percent andeven more dramaticallyamong the top 0.1 percent. It has, in other words, been CEOs and Wall Street traders at the very tippy-top who are...

jobless news jobless 15%
Fed officials argue easy-money policy should stay
WGNO --- ...in the data. "The pace of job growth is picking up. Also, the large volume of announced lay-offs ... has declined," he said. Applications for first-time jobless benefits fell in the latest week to the lowest level in 2-1/2 years, adding further evidence...

Jobless figures went down
Long Beach Press-Telegram --- ...percent higher than the U.S. and .7 percent above the state. Cities like Compton, where joblessness is about 20 percent, and Lynwood, at 19 percent, are more than double the national average. For Long Beach, the modern unemployment record was set...

Unemployment Rose Recently
24x7 Wall St. --- ...unemployment numbers. ADP and Challenger Gray figures released ahead of the governments jobless numbers also create a mixed picture. Challenger said yesterday that lay-offs announced during February were up 32% from January to 50,742. Some of these job losses...

Jobless claims drop to lowest in 3 years
MSNBC --- ...Facing a financial hit Though a lockout has been threatened for years, roughly 380 NFL players live paycheck to paycheck, resulting in a union soft spot that team owners could try to exploit. Your Career: Help wanted (except for you) Luxury makes a comeback...

Four county employees face lay-offs
The Daily Press --- ...county Friend of the Court employees have received pink slips notifying them of an impending lay-off. The lay-offs in the Friend of the Court office stem from a letter sent by the county board to Delta County Circuit Court Judge Stephen Davis requesting he...

recession news recession 20%
Has Anybody Seen Jimmy Carter Lately?
Reason --- ...the municipal sewers). The fad for calling the great credit unwind the "Worst Since the Great Depression" seems to have run its course by 2009. (And what is the point of ranging recessions on a good-bad-worst continuum, given how radically your definition...

Inflation, Stagflation, Or Deflation? Whatever Happens, Dividends Keep Bumping Along
Seeking Alpha --- ...horizon. Stock prices move sharply up and down, dividends bump along, whether it's a time of inflation, stagflation or deflation. Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours....

Male Depression Could Rise due to Western Socio-Economic Changes
The Epoch Times --- ...for men, but traditional male jobs are unlikely to return in significant numbers with economic recovery. Instead, many men may be forced to take on jobs once filled by women, possibly increasing the incidence of depressive disorders. "Compared to women, many...

Obama's Legacy: Stagflation
NewsMax --- ...exact opposite is likely and that his re-election chances will be washed away by a massive flood of inflation as a consequence of his misguided policies. Obama will doubtless blame oil companies and speculators for the fuel price increases, but his role in...

Inflation-Proofing Your Investments
Safehaven --- ...adjustment in valuations was 14 years." - Anatomy of a Bear: Lessons From Wall Street's Four Great Bottoms. Russell Napier. 2005. "A material disturbance to the general price level will be the catalyst to reduce equities to cheap levels. On three occasions...

unions news unions 8%
AFL-CIO leader: Wisconsin fight energizing unions
ABC-KVUE Austin --- ...winning that debate," Trumka said. It's the kind of attention unions have been craving for years as leaders have tried without success to rekindle the vigor that organized labor enjoyed at its peak in the 1950s and 1960s. "We've been looking for a spark and...

Unions wary of Dems' convention plans in NC
Enquirer Herald --- ...people who will cater to the delegates, hotel and restaurant workers, and even those who will protect them, police officers and firefighters. William Cashion, president of the Charlotte branch of the AFL-CIO, said he understands why the Democrats picked Charlotte. "They...

The Changing Face Of Organized Labor
NPR --- ...different circumstances. But they also highlight how the face of organized labor in the U.S. has changed. Unions remain a major player in American politics, pouring money and manpower into elections and other public policy debates. But labor's numbers have...

Labor's shrinking ranks
Boston Herald --- ...Labor Statistics released figures this past week showing that union numbers here are dwindling with union members now accounting for only 14.5 percent of all wage and salaried workers in Massachusetts. The number of union members fell from 476,000 in 2009...

Malloy seeks Conn. labor groups support on budget
ABC-KVUE Austin --- ...members, but also criticism for his plan to seek $2 billion in labor savings, including concessions, over two years from unionized state employees. Connecticut AFL-CIO President John Olsen told the governor that he didn't believe Malloy's call of "shared sacrifice"...

charity news charity 17%
Obama tax deduction proposal worries WNC nonprofits
The Asheville Citizen-Times --- ...me, the larger question is about the change in public policy that would represent to disincentive charitable giving, Aikman said. It's not just figuring out how to squeeze more blood out of the turnip. It would be a fundamental shift in how we think of ourselves...

Diane von Furstenberg Announces Recipients of the 2nd Annual DVF Awards
Emediawire.com --- ...Vital Voices Global Partnership Vital Voices Global Partnership is a leading non-governmental organization (NGO) that identifies, trains, and empowers emerging women leaders and social entrepreneurs around the globe, enabling them through their networks to...

World Vision pleads against gutting foreign aid budget
Politics Northwest --- ...charity group, sent what he called a rare email request to donors alerting them to deep cuts in foreign aid passed by House Republicans. The spending measure, which would reduce 2011 federal spending by $61 billion over current levels, would hit foreign aid...

Charity or Generosity?
Divine Caroline --- ...not constitute disposing of something I have enough of (and feeling good about it). Real charity is giving from what is not in reserve to aid someone else. When asked to share their snack with someone who had none for the day, two of my first graders offered...

Report questions giving to Supriya Jindal charity
MetroNews.ca --- ...companies collectively gave $790,000 to the charity. At least eight companies that donated to the charity together received more than $113 million in state payments since 2008, CREW said. Jindal spokesman Kyle Plotkin on Thursday derided the report as a liberal...

Wall st. news Wall st. 16%
Market Focus with Tom Hudson
Nightly Business Report | PBS --- ...The dollar now threatening to move to new lows. Big banks meantime were among the weakest stock groups today, led down by Citi, Morgan Stanley (NASDAQ: NBXH) (NYSE: MS), Bank of New York Mellon (NYSE: BK). This trio the biggest losers among financial stocks,...

Wall St Summary JPM, YHOO, TXN
Ebeling Hefferman Live Trading News --- ...3.3% to 36.14 after JPMorgan (NYSE:JPM)upgraded the semi-conductor sector, including Texas Instruments, saying an inventory correction was nearing an end and demandis improving. Apple shares (NASDAQ:AAPL) boosted the NAS after Chief Executive Steve Jobs...

US STOCKS-Higher oil, bank downgrades drag Wall St lower
Reuters.co.uk --- ...East that have boosted crude prices, coupled with subdued client activity, could pressure first-quarter earnings of large U.S. banks, according to Bank of America Merrill Lynch. The brokerage downgraded shares of Citigroup Inc (C.N) and Goldman Sachs Group...

Mutual-fund investors riding the bull market rebound
Tulsa World --- ...the same risks and rewards as they did a year ago, when they were much cheaper to buy." Most of the top-performing funds in this bull market specialize in unusually volatile stocks. So it's important to note that they fell more steeply than the 57 percent...

Heres the S&P 500 Index Measured in Gold, Silver and Commodities
Wall Street Cheat Sheet --- ...far more fiscally conservative countries) versus the last time we checked. This is a guest post written by Trader Mark who runs the blog Fund My Mutual Fund. Do You Want More Profits? Wall St. Cheat Sheet Premium newsletter subscribers have been crushing the...