Plus some other stuff
How Republicans get Americans to vote against their own best interestsRepublican party and their policies favor the wealthy. If so many people believe that a particular political party has only a small elite in their best interest, why do so many still continue to vote for them?
A question needs to be asked, why do working class, low and middle income families, continue to support a party that gives little to no benefit to them? Here's the rest of it...
It's Not the Tax Returns -- It's the Arrogance"What is Mitt Romney hiding?" isn't the most damaging thing that can be said about his refusal to release his tax returns. Here's what is: Romney thinks the rules don't apply to him.
Americans don't resent wealth. They resent a rigged system. Ordinary people have to play by the rules, but the lesson of the financial meltdown is that plutocrats don't.
Romney reeks of entitlement. He thinks it's up to him to decide whether his financial life should be transparent. It doesn't even occur to him that he owes this to voters -- that it's an obligation, not an option.
He may or may not be hiding something. But it almost doesn't matter whether he ultimately discloses his tax returns, because he's already disclosed his arrogance.
Lots of comments on this at The Huffington Post
For the First Time, Canadians Now Richer Than Americans
The average Canadian household is worth about $40,000 more than their American counterparts
For the first time in recent history, the average Canadian is richer than the average American, according to a report cited in Toronto's Globe and Mail.
And not just by a little. Currently, the average Canadian household is more than $40,000 richer than the average American household. The of the average Canadian household in 2011 was $363,202, compared to around $320,000 for Americans.
Corn prices are nearing the record highs of last summer as the U.S. Midwest suffers its worst drought since 1956. Shoppers should expect higher grocery bills, because corn is used in three-quarters of supermarket products.
“A 50% increase in the price of corn tends to raise total shopping bills by about 1%,” says Ricky Volpe, a research economist with the U.S. Department of Agriculture. Corn’s price has jumped 45% this summer. Of course, even a modest increase to shopping bills is unwelcome news for households on tight budgets.
Strange as it may seem, farm crops aren’t nearly the largest component of food prices. In 2008, just 15.8 cents of each dollar shoppers spent on food went to farms, according to the USDA. The rest paid for labor, packaging, transportation, advertising and more. More on this plus comments from Smart Money.