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Category Archive for 'Corporate Statism'

Why did the Department of Education bail these bastards out? And as Matthew Bruckner explains today in Credit Slips, not only did the Administration rescue enable the government to escape losses on debt that otherwise could have been wiped out, but the DoE even reaped fees for salvaging this toxic operation: While the CFPB continued […]

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The Kochs can only win if we don’t get out our base. God, it drives me crazy that Dems so consistently equate money with winning. It’s just not true, and I wonder if it isn’t just an excuse for more lazy, automatic-pilot campaigning: When news broke Monday that conservative billionaire brothers David and Charles Koch […]

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In an excellent, lengthy piece for In These Times (I strongly urge you to go read it all), Rick Perlstein uses Rahm Emanuel as an example of how to transfer the assets of a city into the pockets of pals and donors: So things rest: Most privatization deals fail every public policy test. There’s little […]

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Swamp Rabbit had an interesting thought today. You’ve got to wonder, he said, how many media companies Comcast CEO Brian Roberts would have gobbled up if recent U.S. presidents hadn’t been stooges for big business. Net neutrality is only one of Comcast’s big battles right now: the other is getting approval for its merger with […]

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Let’s just burn the whole damn thing! Fuck it, we’ll figure out what to do later: It’s not possible to listen to petroleum industry executives defending their reckless extraction of oil without feeling that we are living in an age of madness. In a recent private conversation under the Chatham House rule, one of the […]

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I guess this SOTU stuff must have more impact than I thought, because why would they be so upset about proposals that can’t happen without Congress? The White House previewed its tax messaging coming in the State of the Union on Tuesday — heavy on tax breaks for children and middle-class families, paid for by […]

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How about that

Bertolini’s been a little schizy. I’ve read about him doing some really annoying shit, but he also does things like this. Great! More CEOs should change their pay structure: One CEO has taken a step that could help fend off Thomas Piketty’s nightmare vision of rising wealth inequality: He’s giving thousands of his workers a […]

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by Paul Kiel ProPublica, Jan. 15, 2015, 10:33 a.m. Last month, ProPublica and NPR detailed how one nonprofit hospital in Missouri sued thousands of lower income workers who couldn’t pay their bills, then seized their wages, all while enjoying a big break on its taxes. Since then, the IRS has released long-awaited rules designed to […]

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Really good breakdown of the outright fraud that is the charter reform movement: They collect as much money per student as the state’s brick-and-mortar charter schools. Despite a call from Governor Tom Corbett to do otherwise, the state still doesn’t ask how much it actually costs to educate students in cyber-charters to proficiency standards (nor does […]

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Robert Reich on why rages won’t rise: Yet there’s reason to believe the link between falling unemployment and rising wages has been severed. For one thing, it’s easier than ever for American employers to get the workers they need at low cost by outsourcing jobs abroad rather than hiking wages at home. Outsourcing can now […]

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