Working Life

   This is the definition of perversion (the dictionary tells us that something perverted is "deviating from what is considered right or acceptable; wrong , improper, etc. or corrupt, wicked, etc."). The real unemployment rate is around 16 percent, millions of people are struggling partly because of the behavior of the people running the financial […]

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   I can’t help but laugh at the transparent crap passed around by the protectors of the financial kingdom. In a column in today’s Wall Street Journal, Roger Altman writes under the headline, "We’ll Need To Raise Taxes Soon". Altman’s tagline for his bio reads: "founder and chairman of Evercore Partners, was deputy secretary of […]

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   I like reading The Wall Street Journal because it often offers a bit of a chuckle. Like today: Wall Street reacted cautiously to talks by the Obama administration to overhaul pay practices at financial companies, worried about the specter of micromanagement but reluctant to fight back while the effort is at an early stage. […]

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Now, c’mon, this is entirely absurd. We already have the widest gap between rich and poor in many generations. Republicans (and some Democrats) are trying to cut the Administration’s proper and wise investments in infrastructure and wise energy efficiency programs. And, in the midst of all that, the Senate does what? Votes to cut the […]

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This is not a post about the auto industry. The attack against the decent standard of living fought for and won by auto workers over many generations is just one of the most visible assaults on the American Dream–an assault that is sweeping through every corner of the economy as workers have to pay for […]

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  I am watching the parade of outraged leaders–especially Democrats–who are railing about the AIG bonuses and, to be honest, I’m far more disgusted by the outrage then the chump change being argued over. Because the outrage masks this fact: virtually our entire political and economic leadership has turned a blind eye, and actually endorsed, […]

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Oh, don’t get me wrong–Madoff will, and should, die in prison. But, there is a downside to all this obsession with Bernie Madoff–his crimes are miniscule compared to the legalized robbery that went on in Wall Street and devastated the lives of millions of people. And we can’t let the media circus around Madoff let […]

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Oh, don’t get me wrong–Madoff will, and should, die in prison. But, there is a downside to all this obsession with Bernie Madoff–his crimes are miniscule compared to the legalized robbery that went on in Wall Street and devastated the lives of millions of people. And we can’t let the media circus around Madoff let […]

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While they were taking from others, raiding the coffers of corporate treasuries, people suffered throughout the nation. And, even now, they are circling like vultures to pick at the carcasses of their victims.   First, we learn from The Wall Street Journal about "Wall Street’s $10 Million Men": As bad as 2008 was for Merrill […]

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  I have to say this would all make for a great movie–thriller, farce, comedy?–if the plot lines didn’t actually mean that millions of people have been screwed by crooks, greedy elites and incompetent CEOs. Today, there is just a plethora of news on the "free market" scam front, all courtesy of The Wall Street […]

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