Category Archives: CAPITALISM

Think Again: American Decline

By Gideon Rachman Foreign Policy “We’ve Heard All This About American Decline Before.” This time it’s different. It’s certainly true that America has been through cycles of declinism in the past. Campaigning for the presidency in 1960, John F. Kennedy … Continue reading →

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Should GE’s Jeffrey Immelt Really Be Leading Our Job Creation Strategy?

By Scott Paul HUFFINGTON POST You would have difficulty finding a company that has outsourced more jobs and closed more American factories than GE. There is no swifter way to alienate working class voters than to name an outsourcing CEO … Continue reading →

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Jeffrey Immelt, GE CEO, To Replace Volcker On Obama’s Economic Team

By Lila Shapiro HUFFINGTON POST Early Friday morning, Obama announced a significant shift for the White House economic team: the war against Wall Street greed has lost a major player, and corporate America has gained an advocate. General Electric CEO … Continue reading →

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Cultural icon KUSF radio off the air: sold for $3.75 million

R.I.P. KUSF 90.3 FM, 1977 – 2011, SF Weekly blogs By Ian S. Port, Wed., Jan. 19 2011 @ 6:00AM At least two things are clear regarding the surprise sell-off and shutdown of KUSF yesterday by the University of San … Continue reading →

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Obama’s Bogus Explanation For Troubles: Too Much Regulation

By Peter S. Goodman HUFFINGTON POST Now he has done it again, throwing a bone to financial lobbyists and their brethren in other industries while burying truth. Unable to point to real gains in fixing the economy, Obama instead engages … Continue reading →

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FDA recalls ‘Nuclear Sludge’ candy bars

FDA recalls ‘Nuclear Sludge’ candy bars By Andrew Restuccia – 01/14/11 03:33 PM ET If you hadn’t already thought twice about eating Toxic Waste Nuclear Sludge candy bars, the Food and Drug Administration (FDA) just gave you good reason to … Continue reading →

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Why You Should Feel Cheated, Deceived and Sickened by America’s Stunning Inequality, Even If You’re Doing Well

By Paul Buchheit AlterNet If middle- and upper-middle-class families had the same share of the economic pie as in 1980, they’d be making an average of $12,500 more per year. Why should a relatively prosperous upper-middle-class family care about inequality? … Continue reading →

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The Invention of Money

THIS AMERICAN LIFE Five reporters stumbled on what seems like a basic question: What is money? The unsettling answer they found: Money is fiction. In other words: MONEY IS OVER IF YOU WANT IT

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SOLUTIONS: Swiss whistleblower Rudolf Elmer plans to hand over offshore banking secrets of the rich and famous to WikiLeaks

By Ed Vulliamy GUARDIAN “What I am objecting to is not one particular bank, but a system of structures,” he told the Observer. “I have worked for major banks other than Julius Baer, and the one thing on which I … Continue reading →

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2010 Hottest Year on Record: The Graph That Should Be on the Front Page of Every Newspaper

By Peter H. Gleick HUFFINGTON POST Climate change is worsening, fast. The National Climate Data Center of the National Oceanic and Atmospheric Administration has just announced that for the entire planet, 2010 is the hottest year on record, tied with … Continue reading →

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