When Citizens Shocked Plutocrats

When Citizens Shocked Plutocrats

A hundred years ago, on October 3, 1913, President Woodrow Wilson signed into law the first modern federal tax on income. John Buenker has been writing about the events that led to that signing for a good bit of the last 50 years. His 1985 book, The Income Tax and the...
The Fine Art of Milking Government

The Fine Art of Milking Government

Our tax money As it stands, Oft ends up In private hands. These economically challenging times haven’t ended the golden deals every level of government offers business. State and federal statutes remain loaded with these giveaways. They include grants,...
Socking it to the Shareholders

Socking it to the Shareholders

Someone should make a movie about JPMorgan and title it: “Bankers Gone Wild.” Not long ago, America’s biggest Wall Street Empire was hailed as a paragon of financial integrity. Not now. JPMorgan has been assessed record fines of nearly a billion...
Our Road to Elysium

Our Road to Elysium

The Hollywood blockbuster film, Elysium, depicts a polarized Los Angeles in the year 2154. The vast majority of inhabitants live in overpopulated and polluted slums, toiling in grinding poverty. Meanwhile, a wealthy elite live on Elysium, a space station modeled after...
A Golden Rule that Might Chip Away at Inequality

A Golden Rule that Might Chip Away at Inequality

Watching grown men fulminate in public can be unnerving. Michael Piwowar and Daniel Gallagher — two distinctly CEO-friendly members of the federal Securities and Exchange Commission — recently did plenty of fulminating. Piwowar and Gallagher had little choice. They...
The Fine Art of Milking Government

The Latest Trend in Trade Secrets

As our jobs And pay degrade, Moguls smirk And tout “Free Trade” It’s no wonder President Barack Obama refuses to let Americans see those two new trade deals he’s negotiating. Neither the Trans-Pacific Partnership (TPP) nor the Transatlantic Trade and...