| Aug 14, 2013 | Economy / BusinessWhile pretty much everybody agrees that the U.S. tax code is a mess, nobody does anything about it. Oh, politicians talk about doing something, but mainly what they do is make it worse. There’s a reason for this. You. You’re the reason. People, alas, tend...
| | Economy / BusinessAmazon’s bezillionaire CEO is buying The Washington Post, America’s second-most prestigious daily newspaper. Jeff Bezos only had to pay $250 million, less than 1 percent of his $28 billion personal fortune. Has plutocracy finally overwhelmed our press?...
| Aug 7, 2013 | Economy / BusinessInequality has a silver lining. At least the awesomely affluent think so. If we didn’t have grand fortunes, their claim goes, we wouldn’t have grand philanthropy. No foundations and handsome bequests for underwriting good causes. No gifts and grants by the...
| Aug 6, 2013 | Economy / BusinessWill America ever get rid of Robert Rubin? The Wall Streeter became a top economic witch doctor for Bill Clinton in the 1990s. During his tenure, he convinced old Gullible Bill to Drop his campaign promise to help working families by raising the minimum wage. Push...
| Jul 31, 2013 | Economy / BusinessMcDonald’s really stepped in it this summer when the fast food empire created a budget for its underpaid employees to help them make ends meet on the low wages they bring home after flipping burgers all week. At first, the McBudget didn’t include any money...
| | Economy / BusinessFor weeks, we watched Representative Darrell Issa and the conservative media circus concoct a “scandal” surrounding the IRS’s handling of applications by tea party groups for tax-exempt status. The California Republican and his allies then sought to...
