| Jul 30, 2012 | Economy / BusinessAre America’s rich getting richer? Certainly. Every official yardstick shows that America’s most affluent are upping their incomes much faster than everyone else. How fast? Between 1980 and 2010, note economists Emmanuel Saez and Thomas Piketty, incomes...
| | Economy / BusinessWhat a blessing it is for Mitt Romney to serve as the Republican nominee for president. He’s a living portrait of Mr. Wall Street Man. As his candidacy unfolds, it’s allowing us commoners to get a peek into how the privileged few rig the rules for their...
| Jul 20, 2012 | Economy / BusinessBecause Bain Capital did things between 1999 and 2002 that Mitt Romney doesn’t want to defend — such as exporting American jobs — Romney claims that its outsourcing program wasn’t his doing. He says he played no “active role” in...
| Jul 16, 2012 | Economy / BusinessIt’s January 25, 2001, the first week of the Bush presidency and more than half a year before the September 11 attacks. Federal Reserve Chairman Alan Greenspan testifies before the Senate Budget Committee, asserting: “If current policies remain in place,...
| | Economy / BusinessDon’t just hang Your head and moan, Buy a loophole Of your own. One intriguing aspect of today’s taxation debate is that it’s so shameless. Republican leaders aren’t embarrassed in the slightest to shill for the rich. Consider this gem from...
| Jul 2, 2012 | Economy / BusinessSam Walton opened the first Walmart store in Rogers, Arkansas, 50 years ago this month. Sprawled along a major thoroughfare outside the city’s downtown, that inaugural store embodied many of the hallmarks that have since come to define the Walmart way of doing...