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Category Archives: Corporate Crime

Organized Crime on the Government Dole

There is no criminal enterprise more organized than the modern banking industry. Wait, that may be unfair. It’s not really criminal if the government legalizes it once you start doing it. Still, if anyone else was doing it… This is somewhat old news, but worth passing on, as reported by Pam Martens at Wall Street […]

Who’s the most evil of them all?

Here’s an interesting question. Which is the most evil, Wal-Mart, McDonalds, or Apple? “Apple, Walmart and McDonald’s are among the largest corporate employers and profit-makers in the U.S., with a total of 2.6 million employees worldwide (1.6 million in the U.S.) and combined 2012 pre-tax profits of more than $88 billion. All three companies pay […]

Doesn’t Coca-Cola own any Senators?

Much has been written about the fact, as reported by the Times, that the banks, not being satisfied with using our money to gamble, are now using it to corner the market in metals, enabled as always by a compliant Fed and Congress. Read the Times article for the details, if you haven’t already. It’s […]

High tech wage slaves needed because we Americans are all studying art history

I was only mildly surprised that this article appeared on the Washington monthly website. It’s a generally good site, but there is an establishment bent that can’t be denied. The article is by Robert D. Atkinson, President of the Information Technology and Innovation Foundation. One suspects an industry front group, but lets put that aside. […]

Privatizing lawmaking

Life is good for bankers, in good times and bad. When you commit massive fraud you get a slap on the wrist that barely eats into the profits realized from that fraud, and you get to decide who you’ve ripped off too. But, the icing on the cake is that you’ll never get caught for […]

Honor among thieves, American style

This morning as I perused the Times, I read this article about Hillary Clinton, who is currently following her husband’s career path and raking in big bucks on the lecture circuit. My immediate reaction was to condemn such fees as a transparent investment, a payment to assure favorable treatment if Hillary should in fact succeed […]

The banks want your money, and no credit union is going to stop them

Periodically issues crop up that give an accurate, and usually depressing, indication of the extent to which our alleged democracy is or is not the captive of the elites. Here’s one that’s been flying under my radar, at least, and probably almost everyone else’s. It seems the banks have discovered that special tax breaks are […]

American Blind Justice

This is one of those stories that is so outrageous that it is beyond my poor literary power to express. Still, I will do my mite by passing it on, in hopes that the outrage will spread and, in the end, that outrage might cause some semblance of justice to prevail. Our tale takes place […]

Yet one more modest proposal

David Atkins asserts that someday it will be a crime for Wal-mart to pay its employees so little that most of them end up getting food stamps or some other form of government aid. I’m not sure about that, but it occurs to me that a sufficiently creative state legislature could do something about this. […]

Different rules for different folks

A few stories picked up at random on the net, the common thread of which is that it’s good to be a banker or the functional equivalent. Among other things, you get to make your own laws. Consider first, this article from this morning’s Times. When a broker defrauds you, you can’t sue them. Every […]