Money for Nothing

Money for Nothing

When Enron collapsed, electricity markets were prone to gaming and corruption. And, it turns out, they still are. Shrewd energy traders are still at it, discovering and exploiting flaws and loopholes, often at the general public’s expense. In deregulated...
How the Government Can Save $2 Trillion

How the Government Can Save $2 Trillion

This summer, members of Congress are threatening to shut down the federal government or block efforts to raise the limit on how much the U.S. government can borrow unless lawmakers agree on tough action to cut federal spending. With the budget deficit expanding and...
Loose American Screws

Loose American Screws

My feeling continues to grow that somewhere deep in the psyche of the American people there is a screw loose. We entered the 21st century as the most powerful nation on earth. There was nobody second. We had our problems, certainly, but we also had a budget surplus, a...
David Koch’s Crass Act

David Koch’s Crass Act

David Koch, the right-wing multibillionaire, likes to pose as a class act. He’s thrown around several million bucks, for example, to get a wing of Manhattan’s Lincoln Center named for him and to buy a seat on the board of WGBH, Boston’s prestigious...