The Day the Music Stopped

The Day the Music Stopped

What do bank executives who make $19 million a year do in their spare time? The same thing they do in their executive suites. They squeeze America’s middle class. That’s not, of course, what the flacks at U.S. Bancorp, the nation’s fifth-largest...
Egging On North Korea

Egging On North Korea

As our dust-up with North Korea stumbles inexorably onward, the U.S. media is tearing its hair out over how any sovereign nation could possibly act so irrationally. Well, how about looking in the mirror? North Korea’s policies and supreme leader may seem kooky,...
The Wealthy’s Free Pass

The Wealthy’s Free Pass

All of a sudden, almost everybody — in Congress at least — seems to want to talk about the IRS. Fine. We need a good debate about taxes. But let’s have a debate that zooms in on the core issues. Like who’s paying taxes in America today and who...
Cleaning Up Our Portfolios

Cleaning Up Our Portfolios

Climate change may one day cause us to run low on food. Scientists don’t like to talk about it, but there’s a chance that the disruption we’ve caused by burning fossil fuels may even render life on Earth no longer viable for the human race. Sure,...
These Hedges Need Trimming

These Hedges Need Trimming

They’re hunkering down at SAC Capital, the hedge fund empire of billionaire Steven A. Cohen. Federal prosecutors have been picking off SAC’s second bananas one by one, plea bargaining for information that brings them ever closer to Cohen. SAC coughed up...