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Category Archives: Corporate Crime

Yet another anti-corporate rant

Yesterday my wife and I went to Best Buy to replace a dead cordless telephone. This led to a conversation about the fact that I’d recently read that Best Buy isn’t doing too well lately, and is trying to make sure it does not follow the trajectory of Circuit City. This, in turn, got us […]

Rotten to the core, but I just can’t quit ’em

Yesterday I tried to download an app from Apple and was met with one of those ghastly new security requirements that require you to answer pre packaged security questions. As they point out here, the questions are incredibly stupid, even stupider than those my bank makes me answer. Naturally, there’s no way you can be […]

Why a bill doesn’t become law

When I read this article this morning, it struck me that it is in many ways emblematic of what is so wrong with the country at the moment: Colleges would be barred from spending taxpayer money on advertising, marketing, and recruiting under a Senate bill that targets for-profit institutions. The 15 largest for-profits, including Apollo […]

Fraud legalized

Required reading. Just when you think you can start loving Obama again, he does something like this. (Not to excuse the many Congressional Democrats who voted for the thing just because they were afraid of the acronym, or the others who are pocketing Wall Street money.)  

Let them eat shit

Even Marie Antoinette might have qualms about this one, but in this day and age, it’s merely par for the course. According to the good folks at the Daily Kos (via Grist), shit is pretty much what we’ll be eating, if the Department of Agriculture gets its way. It is proposing that we allow poultry […]

How Pacs work, set to music

A primer on SuperPacs from ProPublica  

The foreign workers Republicans never attack

 I saw a butchered version of the exchange referenced in this article on the Daily Show. Stewart was trying to play it for laughs, or course, so he cut off the portion about the H-1B visa issue. The basic story is that a woman asked Obama why her husband had to compete with holders of […]

How private equity works

 Good, concise explanation at the New Yorker of how private equity companies like Bain work, and how these exemplars of private enterprise depend on government subsidies of one form or another to thrive.  Part of the process: load the acquisition with debt for the sole purpose of paying yourself a special dividend: As a result, […]

Here they go again

 The Obama folks may be working toward a deal with the banks that essentially transfers more money to….you guessed it…the banks. 

Now if Ron Paul were president we could fix this situation

Condensed version of great New York Times article on why IPhones can’t be Made in the USA: the 13th amendment banned slavery.