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Big thanks to our friend Bill Moyers, who mentions Hightower's line of thinking from the June issue of the Lowdown: we shouldn't ask why people fall through the cracks, but why there are cracks to begin with.
You know what's wrong with the American economy, Bucko? You, that’s what.
Yeah, yeah, it's true that the reckless global gambling schemes of Wall Street bankers are what wrecked our economy... [read more]
Wow, so many "facts," so little insight.
I've been factoided! As might be the case with your newspaper, the Austin daily uses a feature that's quite the fad in revenue-strained papers, especially the chain operations (ours is a Cox product, based in Atlanta). The feature is called PolitiFact, which immodestly claims to be "sorting out the truth in politics."
A recent New York Times headline used the word "soft" to describe today's economy. On what planet does that wordsmith live? Soft implies cushions and comfort, while the economic reality that most Americans are experiencing... [read more]
The good news is that America is Number One! Once again, the US of A is at the top of the heap, not only besting every other nation on the globe, but beating out all... [read more]
Here's a startling number: 13,000.
That's the number of corporate lobbyists in Washington, DC. Adding to their clout are the thousands of corporate executives who jet into our nation's... [read more]
How's our economy doing?
Most economists, media outlets, and politicos judge economic performance by such statistical indicators as the Dow Jones Average. Aren't there better indicators than stock prices?
... [read more]
The Almighty Ben hath spoken. And he bringeth glad tidings to fill all hearts with great joy!
Ben Bernanke, that is, chairman of the Federal Reserve. As America's banker-in-chief, Bernanke periodically... [read more]
Jack Welch, what a guy! The former-CEO of General Electric – who paid himself a fortune while slashing jobs and busting the wages of GE's workers – had an epiphany in 1995. Actually, what he... [read more]