Here’s another mind dump of thoughts on a few of the link worthy things I’ve read lately…enjoy!
Now you can buy a Kindle for $114! The gotcha here is that you have to be willing to look at ads and special offers. Still, I’m glad to see the price coming down one way or another. I still think the magic price for this device is $99. At least, that’s the price at which I’d bite.
Roth IRA: Time to retire Roth IRAs – Could not be more wrong. This guy needs to run the numbers, although I doubt he’d know where to start to do that. Roth IRAs and Traditional IRAs generate the exact same tax revenue if you make the assumption that the tax rate doesn’t change. But for the gov’ment, they get to have their candy now instead of waiting for you to retire. The upside for the account holder only comes if they end up in a higher tax bracket or tax rates rise across the board. Look where people have placed their bets.
Portugal, Illinois and Caterpillar – “The Portugese have decided to protest against mathematics….” That’s pretty much all you need to know. Of course, as Dave Ramsey likes to point out, if they’d been doing math they wouldn’t be in this mess.
Jigga’s problems have been documented here before, but his latest beef with The Game is seemingly unilateral. It’s the genesis of a very interesting post at ForeignPolicy.com:
The changes in Jay-Z’s approach over the years suggest that he recognizes the realist and liberal logic… but is sorely tempted by the neo-conservative impulse. Back when he was younger, Jay-Z was a merciless, ruthless killer in the “beefs” which define hip hop politics. He never would have gotten to the top without that. But since then he’s changed his style and has instead largely chosen to stand above the fray. As Jay-Z got older and more powerful, the marginal benefits of such battles declined and the costs increased even as the number of would-be rivals escalated. Just as the U.S. attracts resentment and rhetorical anti-Americanism simply by virtue of being on top, so did Jay-Z attract a disproportionate number of attackers.