A Succinct Explanation of the Economy

money shirtThe Truth About The Economy In 2 Minutes:

– The economy doubles since 1980, but wages flat. Where did the money go…
– All (or most) of the gains went to the super rich. And…
– With money comes political power. Taxes on super rich slashed, revenues evaporate. This leads to…
– Huge budget deficits. Middle class agitated, fights for scraps…
– Middle class divided. Buying and borrowing slow. Resulting in:
– Anemic recovery/economy.

Economics bores me silly, but this article was informative and interesting.

I found $120 at an ATM

ATMAs I was leaving the mall tonight after seeing Men Who Stare at Goats, I stopped at a bank machine to deposit some cheques and take out some cash. I found $120 still in the machine. Whoever was there before me must have withdrawn cash from their account, took their receipt but forgot to take the cash. That’s my best guess.

I flagged down a mall security guard and showed her the cash still in the machine. She took it, put it in an envelope and told me she would take it to “lost and found.” I told her she should write down the time she found the cash and what machine she found it in so the bank could determine who the money belongs to.

She may have kept the money for herself. I don’t know.

(The ATM in the photo is just a random image of an ATM.)

Top-paying Jobs

money shirtTop-paying jobs in the United States:

  1. Anesthesiologist: $292,000
  2. Physician/Obstetrician/Gynecologist: $222,000
  3. Psychiatrist: $177,000
  4. Nurse Anesthetist: $157,000
  5. Sales Director: $140,000
  6. Actuary: $129,000
  7. Finance Director: $121,000
  8. Software Architect: $117,000
  9. Attorney/Lawyer: $115,000
  10. Insurance Broker: $114,000

Software Architect?! That’s what I am and I’m not close to that!

Software architects are the masterminds behind the design for products and tools we use every day. There aren’t nearly enough top code masters to fill the openings that exist at nearly every major company around the world. That demand has driven paychecks for the best software architects sky-high.

“Mastermind”. I like that.

Brother, Can You Spare A Dime?

Someone asks as you’re leaving a coffee shop: “Excuse me, could you spare a little change for a coffee?”

What do you do?

  • Say “No, sorry”, without breaking your stride, even if you have change.
  • Don’t say anything, just shaking your head “No”, even if you have change.
  • Scrutinize them first, seeing how they look; do they appear destitute? Are they worthy, in your eyes, of your change? If you’re male and it’s a nice looking female asking, would it matter? If your female and it’s a male, does it matter? That brings up the questions: why don’t you ever see attractive homeless people? Is that a callous question?
  • Say “No”, and then go back into the coffee shop and tell the manager about the person loitering.
  • Stop and give them change. But how much? Enough for a coffee? All your change, no matter how much you have?

This morning I did the second item.

Canada’s Colourful Coins

Canada's Poppy QuarterThe Poppy Coin:

On October 21, 2004, The Royal Canadian Mint, in partnership with the Royal Canadian Legion, unveiled the world’s first coloured circulation coin. The 25-cent coin features a red poppy, the symbol that pays homage to the 117,000 gallant Canadians who died in the service of the nation.

Canada has lots of colourful money:

Canadian Leaf coinCanada butterfly coinCanada Santa coin
Canada $20 bill

(Post prompted by the comments about Tim Hortons’ employees being blamed for the poppy quarter design, when they had NOTHING to do with it.)