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Category Archive for 'Corporate Statism'

You have to read the entire piece that ran in the Irish Times: It surely doesn’t mean that Europe is proud that little Ireland was forced to bear the cost of a bank bailout put last week by Patrick Honohan, governor of the Central Bank, at €100 billion and rising. At the level of reality, […]

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It’s always been annoying to hear people bitch about being “forced” to pay their union dues, especially when you don’t hear them pushing to negotiate their own damned salaries. But I guess we all knew this was coming: WASHINGTON — The Supreme Court signaled Tuesday that it may be prepared to strike down laws forcing […]

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Joe Stiglitz: We should be clear: almost none of the huge amount of money loaned to Greece has actually gone there. It has gone to pay out private-sector creditors – including German and French banks. Greece has gotten but a pittance, but it has paid a high price to preserve these countries’ banking systems. The […]

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This is the outfit I used to work for, and they’re very politically connected. I really, really hope he nails them: Rohit Chopra, the former student loan watchdog at the Consumer Financial Protection Bureau, is heading to think tank the Center for American Progress with a plan: To get embattled for-profit ITT Educational Service to […]

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Suddenly, American business awakes as if from a dream and decides selling racist symbolism isn’t the smartest of ideas: .@Etsy just sent me a statement that said it is banning Confederate flags/goods. Story coming… pic.twitter.com/MsQ339JUNS — Ryan Mac (@RMac18) June 23, 2015 BREAKING: Amazon joins retailers banning Confederate flag; story tk http://t.co/kxgACFxYy1 pic.twitter.com/icsEcJx1CR — The […]

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Interesting, because my Comcast internet service has been sooooooo slow lately: Net neutrality has been a big issue in recent months, and the Federal Communications Commission (FCC) has issued new rules aimed at assuring all data is treated equally and to prevent Internet Service Providers (ISPs) from holding data speeds hostage. But a study released […]

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This is pretty big, right? The nation’s largest retailer announced today that it will no longer sell any productsemblazoned with a Confederate flag. No more t-shirts, no more belt buckles, and no more actual Confederate flags. They sold Confederate flags!? According to CNN, Walmart says it acquired the products “improperly”: We never want to offend […]

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Well, it sure looks like nothing’s going to move on this, but it ain’t dead yet. WASHINGTON — House Speaker John Boehner (R-Ohio) has no plans to negotiate with House Democratic Leader Nancy Pelosi (D-Calif.) after her caucus torpedoed a trade deal backed by President Barack Obama and Boehner, a GOP leadership aide told The […]

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But of course, the fight continues tomorrow. Stay tuned: The way House Speaker John Boehner structured the process along with the Senate, all three bills had to pass or else the entire package would not advance. (If you’re a gambler, think of it like a three-item parlay bet.) Progressive Democrats who oppose fast track feared […]

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Democratic presidential candidate Hillary Clinton talked about the divisive Trans-Pacific Partnership trade deal Sunday, following earlier criticism from rival Bernie Sanders concerning her lack of a stance on the deal. While Clinton didn’t necessarily take a strong stance, it was a shift away from her previous position of not addressing the deal until negotiations are […]

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