Robert Reich on AIG
When our very own Secretary of the Treasury cannot make stick his decision that AIG’s bonuses should not be paid, only one conclusion can be drawn: AIG is accountable to no one. Our democracy is seriously broken. Zero Hedge says…
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Month March 2009
Gorbachev: US and world needs perestroika now
“We need to find a new model of capitalism, taking the best of the old model and the best of socialism… From capitalism, it must take incentives and stimulus and from socialism, more equality and social justice.” [Gorbachev said] America…
On Madoff not pleading guilty to conspiracy
Some say Madoff didn’t plead guilty to conspiracy because he wanted to protect his wife, two sons, employees, and friends. But does that make any sense? The feds, of course, are going to investigate and probably prosecute all of them…
Spain generates 40% of power from wind last week
Major winds enabled Spain to generate 40% of its electricity from wind power last week, which is impressive indeed. But what’s perhaps even more impressive is that Spain routinely gets 11.5% of its power from wind.
Doing the Lord’s work
Or at least the work that financial news networks should be doing but aren’t because they’re too busy glorifying the money culture. Pseudonymous blogger prompts financial firm to freak out Zero Hedge did some digging about National Rural Utilities Cooperative…