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November 5, 2007
Drought outlook: Same or worse in 2008
The lack of rain is one everyone's mind around here. A new web site from the federal goverenment focuses on the drought -- www.drought.gov. The map for rain outlook through January shows little reason for hope in the Southeast. In Charlotte, we're shy about one third the amount of rain we have on average. Click on the map to see a more readable version.
Posted by eubie at 9:58 PM permalink
Two measurements of wealth
Two interesting comparisons of where you compare with other Americans. The article was in Yahoo Finance, but comes from Bankrate.com. The parking ramp is an annoying gimmick, but the data is still good.
The first measure looks at annual incomes:
Annual income parking ramp
| Income level (percentile) | Median income (rounded) |
| Level VI (90 to 100) | $170,000 |
| Level V (80 to 89.9) | $99,000 |
| Level IV (60 to 79.9) | $65,000 |
| Level III (40 to 59.9) | $40,000 |
| Level II (20 to 39.9) | $24,000 |
| Level I (less than 20) | $10,000 |
The next method is looking at the net worth of families:
Net worth parking ramp
| Net worth (percentile) | Median net worth (rounded) |
| Level VI (90 to 100) | $833,600 |
| Level V (80 to 89.9) | $263,100 |
| Level IV (60 to 79.9) | $141,500 |
| Level III (40 to 59.9) | $62,500 |
| Level II (20 to 39.9) | $37,200 |
| Level I (less than 20) | $7,900 |
In one way these levels seem so high and compared to half of Americans they are.
If you and yours are bringing in $40,000 a year, you're doing better than half the households in America.
Posted by eubie at 9:41 PM permalink
Major VC firm says no more 2.0 investments
Maybe the end of the Web 2.0 boom is nearing. SiliconValleyWatcher: Web 2.0 Is On The Ropes. . . Kleiner Perkins Has Halted Investments Kleinver Perkins had been a big player in that field.
Posted by eubie at 9:18 PM permalink