Posted on 24 November 2011. Tags: Austerity, Hassan Heikal, Super Rich, Taxes, Workers
Willie Sutton, the infamous bank robber, could not have said it better than Hassan Heikal. And Heikal is no bank robber—he’s the chief executive of EFG Hermes, which describes itself as the premier investment bank in the Middle East. But, like Sutton, he kows where the money is—and that’s where he wants to go […]
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Posted in General Interest
Posted on 26 October 2011. Tags: Congressional Budget Office, Corruption, Democrats, Incomes, Inequality, Republicans, Robbery, Taxes, The Rich, Workers
Well, we didn’t really have to wait for the Congressional Budget Office to tell us this: the rich got richer. But, the timing is good, what with Rick Perry trying his snake oil salesman pitch for a flat tax, which would make the robbery grow, and the continued growth of the Occupy The Country […]
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Posted on 07 October 2011. Tags: Justice, Movements, Occupy Wall Street, protest, Unions, Workers
Jammed in yesterday with the thousands of others of people in Foley Square, I turned to look at the crowd all around. I felt an incredible burst of optimism. I turned to one friend and said, "looks like the revolution will happen before I die." We laughed. I hope people hold on to the […]
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Posted in General Interest
Posted on 26 July 2011. Tags: Barack Obama, Bill Clinton, Debt, Deficit, Democrats, Deregulation, Education, Media, Movements, Myths, Wall Street, Workers
Last week, I posted a piece, suggesting that the current crisis was really about us and the lack of a movement, not about Obama. A number of people reacted, in emails to me, particularly about the Three Grand Myths–and, over the weekend, I heard yet more nonsense on the Three Grand Myths theme. So, I […]
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Posted on 07 July 2011. Tags: Bailouts, Barbara Boxer, BMW, Class Warfare, Michael Hiltzik, Ontario California, Wages, Workers
I’ve never had the boy gene for cars–the apparent salivation (or other bodily reaction) that goes with having the perfect car. But, I know enough, mostly from watching way too many sports events, to understand that BMW has spent a ton of money marketing itself as the car to have. But, fear not–BMW is […]
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Posted in General Interest
Posted on 15 April 2011. Tags: AOL, Arianna Huffington, Bloggers, Creators, Greed, Huffington Post, Lawsuit, Workers
I’ve been asked by a number of people to respond to Arianna Huffington’s post about our lawsuit for justice for bloggers, which was filed on April 12th. Let me deal with Ms. Huffington’s unhinged and disingenuous response quickly. It reeked mostly of fear. People who exploit others do so out of fear. Fear […]
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Posted on 13 April 2011. Tags: AOL, Arianna Huffington, Bloggers, Greed, Huffington Post, Lawsuit, Workers
Today, I have filed a class action lawsuit against Arianna Huffington, Huffington Post and AOL on behalf of thousands of writer-bloggers. Here’s why. We live in a time of unrelenting class warfare. We are the richest nation on earth—yet that wealth is flowing into the hands of the few. The greatest stage for that […]
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Posted in General Interest
Posted on 05 April 2011. Tags: Consumers, Gross Domestic Product, Recovery, Wages, Workers
There is a deep, deep disconnect between how the political leaders, chattering classes and traditional media view what is happening in the economy versus how the rest of the people feel the economy in their everyday lives. This has been true for quite a long time. But, it is even more true today, at […]
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Posted on 17 March 2010. Tags: Corporations, Debt, Leveraged Buyouts, Wages, Workers
There is a lot of talking about the coming debt burden on companies: Maybe they should have, because 2012 also is the beginning of a three-year period in which more than $700 billion in risky, high-yield corporate debt begins to come due, an extraordinary surge that some analysts fear could overload the debt markets. […]
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Posted on 01 September 2009. Tags: Afghanistan, Barack Obama, Economy, Federal Workers, Workers
Our problem in the country is not the lack of money or the lack of resources. It is how we set our priorities, whether we choose, for example, to value our communities over corporate special interests (the health care fight is one clear example of that struggle). Today, we see priorities pitted against each other […]
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Posted in General Interest