A couple of weeks ago, Yves Smith’s link roundup included a McClatchy piece about consumers dropping cable TV. She remarked: “Trust me, when you seem more consumers ditching cable, you’ll see the pipeline providers start charging based on how much you download a month.” Caps really aren’t necessary, though; connections are already capped by speed. You can’t download any more than the connection will allow. Consumers should be able to buy a connection at a set price, and the ISP should charge for it based on how much data it could transmit. Charge more for faster speeds, less for slower ones.
|By: Lisa Derrick Monday September 23, 2013 4:59 pm|
The Federal Reserve is a hundred years old this year. There’s not a whole lot to celebrate in its century long history–the intention might have been good, but the execution has kind of been disastrous. In tonight’s film, Money for Nothing: Inside the Federal Reserve, our guest filmmaker Jim Bruce takes us through the history of the Federal Reserve System and into the current mess.
|By: danps Saturday June 8, 2013 6:40 pm|
Last summer the Ohio Department of Natural Resources (ODNR) announced plans to approve seven toxic fracking waste injection wells for a single site in our county. Many citizens were alarmed by this, and at the time I posted on some of our fruitless attempts to get ODNR (in the person of geologist Tom Tomastik) to have a public hearing during the comment period. Instead we were promised an informational meeting at some point.
ODNR finally held it this last Thursday – nine months later, and about a 50 minute drive from the community where the wells will be permitted.
|By: DSWright Monday May 27, 2013 12:10 pm|
I try to be cynical, but I can’t keep up.
|By: Gregg Levine Saturday October 13, 2012 1:59 pm|
In Mad Science: The Nuclear Power Experiment, Joseph Mangano returns to that time, and then methodically pulls back the curtain on the real history of nuclear folly and failure, and the energy source that continues to masquerade as clean, safe, and “too cheap to meter.”
|By: David Dayen Monday April 16, 2012 12:40 pm|
An unusually blunt ruling from two conservative federal judges, if applied at the Supreme Court level, would make virtually all regulation on businesses or financial firms unconstitutional. DC Circuit Court members David Sentelle (a Reagan appointee) and Janice Rogers Brown (an appointee of George W. Bush) wrote a concurring opinion in a case about regulation for the dairy industry, one that would rewrite several decades of legal history on the legislative powers of Congress.
|By: David Dayen Friday February 17, 2012 11:00 am|
In the aftermath of the foreclosure fraud settlement, and as we look ahead to the working group on securities fraud co-chaired by Eric Schneiderman, one of the best people to look to for answers on how this whole thing could have gone – how it could still go – is William K. Black. The author of The Best Way to Rob a Bank is to Own One, and a central figure in exposing fraud among both financial executives and members of Congress during the S&L scandal, Black has been relentless on exposing the lax nature of regulation and prosecution during the past decade and more. His latest scoffed at the new task force on securitization fraud.
|By: Gregg Levine Saturday December 17, 2011 12:00 pm|
If you like politics as blood sport, this is great stuff. On the other hand, if you worry about people, their lives, their health, how their money is spent and how their government protects their lives, their health and how their money is spent, well, then, this sucks.
If you had been waiting for the three-month follow-up to the Senate Environment and Public Works committee hearing on the Fukushima Near-Term Task Force recommendations–the one Sen. Barbara Boxer (D-CA) promised in August at the last hearing on this issue of vital importance to US nuclear safety–well, that hearing was yesterday, Thursday, December 15. . . and whether you watched them or not, you are still waiting.
|By: Eli Friday September 23, 2011 6:01 pm|
See if you can spot what explanations for slow employment AREN’T in this MSNBC story.
|By: Max Fraad Wolff Sunday July 3, 2011 1:59 pm|
Age of Greed offers a long survey of the rise of regulation liberated financial markets and actors. The historical sweep is artful and well presented. The text argues for a return to more caged financial markets and actors. The steady and mounting pressures on the American middle class are correlated with the rising excesses, fortunes and missteps of financiers and their vehicles.