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Category Archives: Inequality

A % here and a % there and pretty soon you’re talking about real money

It goes without saying that Paul Ryan and the Republicans are lying when they claim their tax bill is designed to benefit the middle class. Okay, some of them may not be lying. Some of them may be so stupid that they believe the bullshit Ryan is peddling but, same difference. If you’re a Member […]

Of, by, and for the plutocrats

I get emails at work solely because I’m a lawyer, and not because I have ever had anything to do with the sender or the area of the law to which they happen to cater. They usually go straight to trash, but today I followed a link in one of them, a site called Wealthmanagement.com. […]

Uber uber alles?

There is nothing I like more than having my own preconceptions validated, so I direct your attention to a series of articles (now concluded) at Naked Capitalism about Uber. I’ve always detested Uber, because every fiber of my being believed it was simply a device to shift money from the bottom to the top. Taxi […]

Why we really need the TPP

Shouldn’t this have been front page news: On June 24, foreign oil company TransCanada filed a lawsuit against the U.S. under NAFTA, the North American Free Trade Agreement, arguing that the U.S. rejection of the Keystone XL pipeline violated NAFTA’s broad rights for foreign investors by thwarting the company’s “expectations.” As compensation, TransCanada is demanding […]

Impressive stupidity

Ask yourself, is there a tax break that benefits the rich that is so overwhelmingly stupid that even the Oklahoma legislature would repeal it? Believe it or not, the answer is yes. Last week, the Oklahoma legislature sent Gov. Mary Fallin a bill—at her request—eliminating just such a break: a state income tax deduction for […]

When can we start digging?

Elizabeth Warren says that the Trans Pacific Partnership “trade” pact is a bad deal, but Obama says she’s wrong”“ “I love Elizabeth. We’re allies on a whole host of issues. But she’s wrong on this,” he said. “I would not be doing this trade deal if I did not think it was good for the […]

Sinners casting stones

When I saw this article's (White House to File Case Against China at W.T.O. Over Subsidies for Exports) title in this morning's Times, I immediately smelled a rat. The stench grew stronger as I read. I could tell by the title that this “case” was a PR move intended to smooth the way for the […]

Never give the exploited an even break

I didn't watch the State of the Union address last night, but not for any Obama related reason. Ever since Reagan introduced the “people in the audience” crap which every President since has felt duty bound to emulate, I've been sort of sickened at the prospect of watching what has become more and more a […]

Blinded in the Beltway

I like Richard Blumenthal, but like all politicians (like all people for that matter he's not perfect. Minor mistakes can be forgiven. It is nonetheless distressing to see him buy into an argument that only denizens of the Beltway could swallow. He is co-sponsoring a bill that would allow yet more H1-B workers into the […]

A capitalist explains things

This is hard to summarize, so all I can do is urge you to read this article by Nick Hanauer, who is a very rich person who is also, apparently, an honest man. A very rare mix these days. I confess I was totally unaware of the overtime rules he writes about, or of the […]