I’d like to begin by showing you a picture and asking you what you see. Good. With that in mind, have a look at this one and tell me what you see.
Democracy & Elitism 3: burning down the straw man, and who are these out-of-touch "liberal elites," anyway?
Part 3 in a series. Let’s begin with a quick trivia question. What legislator’s Top 20 donor list includes the following? Blackstone Group (Financial Services) Bain Capital FPL Group (Energy) DLA Piper (Corporate […]
The medical marijuana memo isn't worth the paper it's printed on
The Obama administration threw a bone to the lunatic, fringe left a few days ago. The memo to federal prosecutors in medical marijuana states has garnered hearty applause from Greenwald and the […]
Insuring the world against climate disruption (Blog Action Day)
Imagine that in a few years you wake up to news reports on the radio that your town is under a flash flood watch. The ground has been so baked by the […]
Tom Daschle: When is a 'resource' really a lobbyist?
Been wondering what Tom Daschle’s been doing since he bowed out of a nomination to President Obama’s cabinet because of a peculiar Washington disease — not paying taxes? According to The New […]
A jobs act that created no jobs: a lesson in profitable lobbying
You’re a coalition of multinational corporations. Imagine this deal: Invest $1 in lobbying. Get a return on investment of $220. Save $100 billion on taxes, too. Nice, eh? That’s the conclusion of […]
American-style capitalism, sans regulation, has earned its present bad rap. Even so, some market mechanisms do work quite well. Commodities pricing is discovered and costs kept low because markets are very efficient […]
Boehner: capitalism is taxation
House Minority Leader John Boehner (R-OH) stated on March 3 that “‘Cap-and-trade’ is code for increasing taxes, killing American jobs, and raising energy costs for consumers.” His claim is based on the […]
Pawning America to pay for the bail-out
The UK, in 1979, was a mess. In 1976, the then-Labour government of James Callaghan became the first developed-nation member of the OECD to have to beg the IMF for a bail-out […]
Income, tax, fairness, redistribution and response
Income distribution is a divisive subject. Fairness, more so. The standard way of evaluating income distribution is the GINI Coefficient, an extremely complex equation that produces a number between 0 and 1. […]