The Rich Stop Sending Money Down the Line

Rich snobs like Paris Hilton make other rich people bothered, and most likely entire societies bothered. Well, hopefully a trend of people who worked hard to earn their fortune not passing their wealth to their children will continue.

Being born into wealth helps people advance in life, and for people who have indeed worked for their fortune, as opposed to be being born into it, realize that knowing other rich people helps just as much as being rich. This is why people like the Late Body Shop founder leave relatively very little material to their children.

Many of these rich do not come from riches. They are self-made, and generally the self-made have a different attitude to money – or specifically, the acquisition of money – compared with those who have always had it. They generally do not, for example, have the “legacy assets” of the old rich – the 4,000-acre pile in Scotland that has been in the family for generations and must be passed on in good nick; or the idea of noblesse oblige that used to go with such assets: the responsibility to the tenants of the land, to the local community. “With inherited wealth, the current generation may simply consider themselves custodians for the time being of the family wealth and will follow the path laid down over many generations,” says Stuart Chappell, director of Barclays Wealth. “With self-generated wealth, it is the responsibility of those who made the wealth to decide what is to happen after they are gone. It is more likely that the creators of new money will feel that those who follow them should not be ‘feather-bedded’.”

Music Industry Broken, Musicians Not

from wiredMTV has declared the music industry broken and that is actually a good thing (unless you’re a recored executive). It is a hard time for musicians though as the industry catches up to this whole “interbookwebspacenetjournal.com” thing.

David Byrne, of Talking Heads fame, has some advice for musicians so they can succeed in this new age:

I would personally advise artists to hold on to their publishing rights (well, as much of them as they can). Publishing royalties are how you get paid if someone covers, samples, or licenses your song for a movie or commercial. This, for a songwriter, is your pension plan.

Increasingly, it’s possible for artists to hold on to the copyrights for their recordings as well. This guarantees them another lucrative piece of the licensing pie and also gives them the right to exploit their work in mediums to be invented in the future — musical brain implants and the like.

No single model will work for everyone. There’s room for all of us. Some artists are the Coke and Pepsi of music, while others are the fine wine — or the funky home-brewed moonshine. And that’s fine. I like Rihanna’s “Umbrella” and Christina Aguilera’s “Ain’t No Other Man.” Sometimes a corporate soft drink is what you want — just not at the expense of the other thing. In the recent past, it often seemed like all or nothing, but maybe now we won’t be forced to choose.

Ultimately, all these scenarios have to satisfy the same human urges: What do we need music to do? How do we visit the land in our head and the place in our heart that music takes us to? Can I get a round-trip ticket?

Mark Your Calendars to Stand Up

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Next month, October (ROCKtober) 16 and 17, to be precise, people will stand up to draw attention to international poverty. You can join millions of people from around the world to send a message to politicians that you Stand Up and Speak Out against poverty and inequality.

In 2000, world leaders from 189 countries signed up to the Millennium Development Goals (MDGs ) — a global commitment to halve extreme poverty by 2015.

Last year, more than 23 million people in 87 countries stood up and took action to remind them of this promise. It was the largest single coordinated mobilization in the history of the Guinness World Records.

Greenpeace Reveals Harsh Truths About the Boreal Rainforest

Now, you may think that ‘harsh truths’ doesn’t sound a lot like good news. But I beg to differ. I recently joined the Greenpeace e-mailing list, and by doing so I have been updated with some ‘harsh truths’ about our planet, but whats more this information is educating me on how to diminish my effect on the destruction of our planet and contribute to larger scale change. Which I feel is pretty good indeed.
My most recent e-mail was so very eye opening I felt the desire to share what detailed info I came across regarding Canada’s forests.
*Canada’s Boreal Forest is the largest ancient forest in North America and comprises 90% of the Countries remaining intact forest areas, providing habitat for endangered species like the woodland caribou, lynx, grizzly bear and wolverine. It also provides the largest storehouse of terrestrial carbon on the planet!
*The forest is home to nearly a million aboriginal peoples-many of these First Nations and Metis are currently in conflict with logging companies and governments over forestry in their traditional territories.
*Ancient forests are being detroyed at a rate of one football field every 2 seconds, and more than half of all forest destruction has taken place over the past 35 years.
*Consumers like us can make a difference by purchasing recycled paper products or FSC-certified products, refusing to buy from companies that use or sell products made from the destruction of the Boreal Rainforest and by taking action toward greener initiatives.
*In British Columbia’s Great Bear Rainforest many of these campaigns to stop deforestation, and the support of consumers and companies changing their ways, has led to the protection of great areas of the old growth forests totalling over 2 million hectares!!!!

Lawsuits Champion the Environment

In the coming months many companies could face large fines from the damage that they have done to the environment. There is a growing trend in the USA and Europe to sue those responsible for environmental damage that as resulted in damage that went beyond just the environment. Confused? This example from the linked article should help you out:

In the United States, there are currently about a dozen cases involving demands for tighter regulation and claims for damages. Among them is a case brought by property owners in Mississippi against oil and coal companies they accuse of playing a role in Hurricane Katrina, which struck the region with devastating consequences in August 2005.