Raking it in at Walmart

Chicago alderman Ed Smith tried to fight plans for Walmart to open a new store in his city by illustrating that its CEO Michael Duke’s $35 million annual compensation, “when converted to an hourly wage, worked out to $16,826.92,” ABC News reported....

The Lineup: Week of July 5-12, 2010

Here’s what you’ll find in the latest OtherWords editorial package, which features a Donald Kaul column and Khalil Bendib cartoon on the futility of the Afghanistan War and an op-ed about the “passion investments” of the how the ultra-rich....

Letters to the Editor: Kaul’s $50 Bill Column

Here’s how our readers have responded to Kaul’s column back in April about conservatives attempting to replace Grant with Reagan on the $50 bill (Keep Grant on the $50 Bill). “Phony as a $3 bill would better fit Ronald Reagan,” Arthur House of...

Pentagon Plans $100 Billion in Spending Cuts

It finally looks like the Pentagon isn’t immune to Washington’s deficit-reduction fever. The U.S. military intends to trim up to $100 billion over the next five years on weapons purchases and spending on contractors, the Washington Post reported....