I expect the Milwaukee Journal Sentinel, a newspaper I’ve long admired, to go belly up — even though I have no specific information about its finances and whether it is, indeed, in […]
Maybe 'banksters' are the exception, not the rule
If you’re not familiar with the term “bankster,” it was coined, writes Harold Evans for BBC, “by an American immigrant, a fiery Sicilian-born lawyer by the name of Ferdinand Pecora. He was […]
The Contrition of the Bankers – the Rules can't save you now
“Come before the American people and take that deep bow and say I’m sorry. And then either do one of two things, resign or go commit suicide,” said US congressman Chuck Grassley […]
How 'bout that multi-million percentage ROI?
“Psssst. Hey, you. Yeah, you, over there with the really fat checkbook. “Wanna make some serious money real fast — and legal? Yeah, really — legally. “All you gotta do is give […]
Strib files for bankruptcy under equity firm owner
A business ought to make a profit if it’s properly capitalized and wisely run. If it is neither, it fails. Today, the Minneapolis Star-Tribune filed for bankruptcy under Chapter 11, joining the […]
'You want me on that wall! You need (a good journalist) on that wall!'
For 20 years, I was a newsman. A damned good one. I learned the craft from good newsmen who learned it from other good newsmen before me. No steenkin’ journalism school for […]
The Trib is dead; long live the Trib?
The first domino has fallen. The Tribune Co., publisher of what used to be some of America’s best newspapers and operators of 23 television stations, has filed for bankruptcy, citing nearly $13 […]
Barbarians At The Gate
by Djerrid The Decline and Fall of the Roman Empire remains the archetype for whenever we consider the collapse of any great structural entity. But the current entity the Decline now relates […]
Are progressive bloggers prepared to lead?
Several times in recent years I have said that while I’m certainly and unapologetically a progressive, I’m in no way, shape or form the kind of conventional “liberal” that a lot of […]
After Conceit: Recovering from the Credit Crunch
Wealth is created through an economic sleight of hand. All the money in circulation is a promise, not only of the value already in existence, but of the future value that people […]