Bernie Sanders Needs to Stop Blaming Capitalism for Corporate Corruption
Bernie Sanders thinks socialism is the fix for corporate corruption when in fact it is the cause.
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The Difference Between the Lottery and Wall Street
Yesterday, I wrote an article about a deceptive shift of language from “income inequality” to “income inequity.” In it, I quoted Barack Obama, who recently claimed that hedge fund investors were the “nation’s lottery winners.” I think his dismissive assessment deserves another look, since it represents the attitude so many Americans have toward the wealthy. […]
Continue reading →Bear Stearns Executives Rewarded for Failure
Many of the Bear Stearns executives responsible for the subprime mortgage fiasco that set off a worldwide economic downturn didn’t have to share in the financial ruin they helped precipitate. In other words, these captains didn’t go down with the sinking ship. In fact, they jumped off Bear Stearns and started piloting other major American […]
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