The Income Rich Take One For The Team. Thanks!

I love talking about taxes . Our President and both houses of Congress have finally all agreed on a deal on this whole fiscal cliff mess. I’ve been holding my breath on this because I thought for sure that I’d be paying a lot more in taxes this year. But I dodged the bullet. All venture capitalists did, actually. Nothing the government agreed to the last few days actually affects the asset wealthy in this country. If you’re a Hollywood agent barely getting by with a million dollar a year salary and two ex spouses, your life sucks right now. You’re going to have barely any money left over at the end of each month for cocaine with the tax increase. Read more »

‘Hunger Games’ Satire Blasts Politicians, Plays With Food [VIDEO]

International relief and development organization Oxfam America has released Food Games , a Hunger Games -inspired satire video featuring a food fight between an elephant and a donkey. The animals irresponsibly throw around food, mimicking how Oxfam feels Congress is acting with the 2012 Farm Bill. Read more »

Apple: Access to Contacts Will Require Explicit Permission

Apple said Wednesday that iOS apps accessing users’ contact lists will require explicit permission, following a week of accusations that a number of iPhone apps were storing data on their servers. “Apps that collect or transmit a user’s contact data without their prior permission are in violation of our guidelines,” Apple spokesman Tom Neumayr told AllThingsD . “We’re working to make this even better for our customers, and as we have done with location services, any app wishing to access contact data will require explicit user approval in a future software release.” The recent controversy began after an OS X developer discovered Path had been storing users’ contact lists Read more »

Airplanes Can Now Take Off and Land With GPS. Will Flights Be Faster?

The Federal Aviation Administration is finally making the leap from radio-based navigation to a modern GPS system. Congress passed Monday a $63 billion bill to fund and extend the FAA’s programs through 2015, reports ABC News . For the past four years, the FAA has been surviving on life support Read more »

Google to Congress: We’re Still Not Evil

Google sent a 13-page letter to Congress Monday explaining changes to its privacy policy that the search giant announced last week. Those changes are scheduled to go into effect for Google’s 350 million global users on March 1. The letter is a response to a letter Congress sent to Google last week , which requested more specific knowledge about Google’s new privacy policy and practices Read more »