Category: Anti-Neoliberalism
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Corporate Welfare.5: Pigskin welfare
Some corporations, like GE and Bank of America, have to resort to creative accounting to make it look like they lost money to avoid paying federal taxes. The National Football League is not one of them. A recent Change.org petition reads as follows: “Despite the fact that it is a $9Billion/Year industry, the National Football…
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Corporate Welfare.4: Avoid Amazon
Salon.com published a piece today with the provocative title, “Amazon is worse than Walmart.” Their argument centers on the notion that Amazon’s business strategy for years has been to accept near-perennial losses on a quarterly and yearly basis in exchange for achieving a near monopoly size “market share.” Walmart, by contrast, actually makes a profit.…
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Corporate Welfare.3: Welfare Wings
Today the Real News Network, who I encourage you to support during their current drive to win a matching gift, is reporting that “the Michigan strategic fund has decided to issue $450 million in bonds for a new stadium for the Detroit Red Wings, 44% of which will be financed publicly,” while the city is…
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Corporate Welfare.1: Blackwater’s Warfare Welfare
(This is the first in a new series of posts about how corporations that claim to generate profit in the private sector are heavily subsidized by taxpayers in ways that I could only wish fields like education and healthcare were. For an overview on that, see “Free Lunch: How the Richest Americans Enrich Themselves at…
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Secrets of the Temple.2: Double Dutch
(This is a follow up to the post Secrets of the Temple.1: More Than a Doorstop, dated 1/13/13.) As I wrote in my first post on William Greider’s history of the Federal Reserve board, one of the aims of “Secrets of the Temple” is to question whether Ronald Reagan really was the primary source of…
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Secrets of the Temple.1: More Than A Doorstop
The operations of the Federal Reserve board are notoriously shrouded in mystery. Technocratic decisions on monetary policy that supposedly need to be protected from the fickle pressures of politics are carried out by an appointed board of governors who like to operate behind closed doors. William Grieder set out to demystify this institution in the…
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The Interpretation of Dreams
I don’t usually watch the Olympics much. Not because I don’t enjoy the events, but because NBC usually feels compelled to shovel forklifts of “human interest” stories down your throat with brief breaks taken for cursory athletic performances. So I wasn’t surprised when I checked in on the Olympics briefly this summer and didn’t see…
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Debt.4: What’s good for General Motors and what’s good for America
Sometimes the mark of a good book is how it crops back up in your mind a few months or years or even many years after you first read it. I wrote 3 posts about the book Debt by David Graeber back in February & March. There have been several occasions since then when the…
johnhdavis / inundation records 