Nicholas Kristof | InvestmentWatch

If we just find and hit some magical reset button, we could start the whole process over again, virgin fresh and free of cronyism. How often would we have to hit that reset button? Once a month?

‘Crony capitalism’ is just capitalism

4-11-2012

“Crony capitalism” will be a buzzword in the 2012 election. Sarah Palin has cited General Electric paying no taxes as an example of crony capitalism, Mitt Romney has called President Barack Obama a crony capitalist and New York Times columnist Nicholas Kristof devoted an entire column to “sav[ing] capitalism from crony capitalists.”

Basically, the argument goes that big businesses are corrupting the free-market system by getting special breaks [...]

OUTRAGE: Your iPhone Was Built, In Part, By 13 Year-Olds Working 16 Hours A Day For 70 Cents An Hour

by Henry Blodget

We love our iPhones and iPads.

We love the prices of our iPhones and iPads.

We love the super-high profit margins ofApple, Inc., the maker of our iPhones and iPads.

And that’s why it’s disconcerting to remember that the low prices of our iPhones and iPads — and the super-high profit margins of Apple — are only possible because our iPhones and iPads are made with labor practices that would be illegal [...]

The Big Lie vs. Barack Obama (Part 1)

http://davidoffutt.wordpress.com/201…-obama-part-1/

The Big Lie vs. Barack Obama (Part 1)

President Barack Obama is routinely described as being a “Muslim-Marxist” or “Muslim-Communist” or “Muslim-Socialist.”
I am often asked why we have heard or read for over two years the same lies about President Barack Obama. I have tried to explain that the Big Lie Technique is successful only if it is relentlessly repeated. Any lie heard often enough becomes “the truth.” Since WWII, the [...]

YESTERDAY: CIA director tells workforce to stop talking about raid — or face legal action

WASHINGTON — CIA director Leon Panetta is warning his employees that leakers will be investigated and possibly prosecuted after a flurry of reports in the media about the technology and methods used to track and ultimately kill Osama bin Laden.

In a memo obtained by The Associated Press, Panetta told staff Wednesday that the disclosure of classified information to anyone not cleared for it — reporters, [...]

Our Banana Republic: The richest 1 percent of Americans now take home almost 24 percent of income

by Henry Blodget

One of the hallmarks of banana republics, says the NYT’s Nicholas Kristof, is income inequality.

In some countries, the wealthiest 1% of the population takes home 20% or more of the national income.

And now the same is true in America:

The richest 1 percent of Americans now take home almost 24 percent of income, up from almost 9 percent in 1976. As Timothy Noah of Slate noted in an excellent [...]

InvestmentWatch

If we just find and hit some magical reset button, we could start the whole process over again, virgin fresh and free of cronyism. How often would we have to hit that reset button? Once a month?

OUTRAGE: Your iPhone Was Built, In Part, By 13 Year-Olds Working 16 Hours A Day For 70 Cents An Hour

The Big Lie vs. Barack Obama (Part 1)

YESTERDAY: CIA director tells workforce to stop talking about raid — or face legal action

Our Banana Republic: The richest 1 percent of Americans now take home almost 24 percent of income

Search On This Site

It only takes a few moments to share an article, but the person on the other end that reads it might have their life changed forever

SUBMIT YOUR NEWS TIPS OR ARTICLE