If you make more than $250,000 per year, are you rich?

John McCain has suggested that you're not rich unless you make $5,000,000 per year. This sets the stage for all of those non-rich (less than $5M per year) folks to step up and demand tax relief. Here's a recent Newsweek article, though, that shows that if your household income is…

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Demographic Inversion at work in U.S. cities

Many U.S. cities are starting to look more "European," in that the affluent residents are moving toward the city centers, while the less affluent are moving more toward the areas they can best afford: the outskirts.  The New Republic's Alan Ehrenhalt describes this phenomenon in an article entitled "Trading Places":…

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Joe Biden on Iraq: there is no military solution

According to Biden, we need to cut the talk about courage and, instead, designate an objective.  But in doing so, we need to acknowledge that there is no military solution to Iraq. This speech, given with regard to the Reid's proposed joint resolution, is a passionate talk that gives you a…

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