Archive for the 'corporation' Category
Burn Baby Burn
As 2009 begins, the financial downturn is starting to affect us all. The New York Times has just published a persuasive meditation by Michael Lewis on what the meltdown and bailout hoax reveals about the American financial model. An excerpt:
The Madoff scandal echoes a deeper absence inside our financial system, which has been undermined not merely [...]
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No Money for Auto Industry
So the people who engineered ecological monstrosities like the Hummer are not going to get their hoped-for corporate welfare package. Breaks my heart, that.
I’d say the defeat of the latest attempt to make US taxpayers pay for the sins of blatant corporate mediocrity and greed deserves a little celebration…
Filed under: america, communications, corporation | 2 Comments
Tags: auto bailout
I Got the Bailout Blues
I didn’t understand the reasoning behind the last bailout, and I sure don’t get the need for this one. Let’s hope the radical Republicans (!) manage to sink it…
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Tags: bailout, kleptocracy
Gangs of America
I just finished reading an excellent treatise on the origins and rise of corporate power in the United States. Gangs of America is expertly written by Ted Nace, a successful entrepreneur and community organizer. Perhaps the most shocking discovery for me was the Supreme Court’s dismal record at defending the interests of citizens against the [...]
Filed under: america, corporation, fascism | Leave a Comment
Tags: america, corporation, fascism, justice
