Archive for August, 2011

Warren Buffett on Class Warfare

Friday, August 19th, 2011

A refreshingly honest comment on the most dramatic power-grab by one social segment since feudal times:

Warren Buffett on class warefare


Presidents’ views on corporate power

Wednesday, August 17th, 2011

Since the beginning of the United States as an independent nation, there has been a power struggle between corporations and citizens.  In recent years the corporatists have been ascendent, notably now giving First Amendment rights to corporations as “people.”  How did we get here?

Sarah Wood has put together an excellent collection of posts from nine past US Presidents.

History Lesson: What Some Previous Presidents Thought Of Corporate Power

 

 


Who caused the US fiscal woes?

Monday, August 15th, 2011


Privatized power over government

Saturday, August 13th, 2011

Reporter Dan Eggan of the Washington Post describes one of the (many) conflicts of interest that can come from privatizing a financial regulatory function:   The deputized company gets enormous power to influence the government for its own private benefit.

Standard & Poor’s, others lobby government while rating its credit