The Incorrigibles

By: Sunday May 13, 2012 9:30 am

One of the things I like best about human beings is our persistent incorrigibility. Even when we don’t want to we often escape expert predictions of our behavior. Call it the human uncertainty principle. As soon as you know where we are you lose knowledge about where we’re headed and how fast we’re headed there. Or maybe you’ve guessed where we’re headed but you no longer know where we are.

 

Real Reason for US Deficit: GE Greed – $14.2 Billion Profit, $0 Tax

By: Friday March 25, 2011 12:35 pm

For all the caterwauling from the right and, stupifyingly, from the Obama Administration and Blue Dog left as well, here is the real reason the United States has the sizable deficit issues it does (well, in addition to the fact we will not tax even rich individuals appropriately either) – our biggest corporations pay no tax.

The New Robber Barons

By: Wednesday December 30, 2009 6:06 am

There has been an unsavory blending of the private interests of corporations and financial institutions with the power and hand of the US government that has created a new breed of robber barons that will prove the downfall of the American society and empire if left unchecked.

Private Equity Firms, Our New Corporate Masters?

By: Thursday July 9, 2009 1:30 pm

Workers returned Tuesday to the job at Stella D’Oro Biscuit Co. in the Bronx after a judge ordered the company reinstate the 136 employees who had remained strong throughout a brutal 11-month strike. But before they could even walk through the doors, they were greeted with the anti-union response by the company’s private equity firm owners, the 21st century’s mutation of the robber barons: Brynwood Partners announced it would shut down operations in October.

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