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Category Archive for 'Corporate Statism'

Via the Intercept, a story we should all be watching: Coverage of the midterm elections has, understandably, focused on the shift in political power from Democrats toward Republicans. But behind the scenes, another major story has been playing out. Wall Street spent upwards of $300M to influence the election results. And a key part of […]

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If this keeps up, I won’t have anyplace left to shop! Kmart will open its doors at 6 a.m. on Thanksgiving Day this year and remain open for 42 hours, meaning that many employees will have to come to work to staff shifts. While the company says it tries to fill the slots with volunteers […]

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Do you suppose there is anyone in the entire country who’s surprised by this? I imagine even the nursery school set has caught on by now: From his desk in Lower Manhattan, a banker at Goldman Sachs thumbed through confidential documents — courtesy of a source inside the United States government. The banker came to […]

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Here’s a “hit head on desk” moment for you! While their Senate colleagues were engaged in a fiery debate over the fate of the Keystone XL pipeline, the House on Tuesday quietly passed a bill that environmentalists say would hamper the Environmental Protection Agency’s ability to use the best scientific information when crafting regulations to […]

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Senate vote on Keystone XL.

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And of course austerity politics sucked all the oil/disposable income out of the economy, the engine’s out of oil AND THAT’S WHY THE DASHBOARD IDIOT LIGHT IS ON, you fucking idiot! David Cameron has issued a stark message that “red warning lights are flashing on the dashboard of the global economy” in the same way […]

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Profit!

This is what we get when we run (and fund) previously public institutions as for-profit entities: Out of California’s years-long litigation over reducing the population of prisons deemed unconstitutionally overcrowded by the U.S. Supreme Court in 2010, another obstacle to addressing the U.S. epidemic of mass incarceration has emerged: The utility of cheap prison labor. […]

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Of why private industry shouldn’t be allowed anywhere near nuclear power plants: …workers packaging the waste came across a batch that was extraordinarily acidic, making it unsafe for shipping. The lab’s guidelines called for work to shut down while the batch underwent a rigid set of reviews to determine how to treat it, a time-consuming […]

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Brothers among 4 killed in chemical leak at Texas plant. So now the PTB want to make Philadelphia into the next Houston! Oh, I can’t wait: (CNN) — Four workers were killed Saturday after a chemical leak at a DuPont plant in La Porte, Texas, on the eastern outskirts of Houston, plant manager Randall Clements […]

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Of why the private sector shouldn’t be anywhere near anything as important as nuclear power. Because if they’ll cut corners on the financing, they’ll do it on safety, too: A federal grand jury has indicted two former executives of a company that hoped to build a nuclear power plant in southwestern Idaho. Donald L. Gillispie, […]

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