Warren Buffett's recent op-ed in the New York Times is making a stir because it calls for a minimum tax on high incomes above $One million annually. more »
President Obama's 2011 income tax documents showed on Friday that he paid a significantly higher rate than the significantly richer Mitt Romney, highlighting the titanic level of tax shirking committed by far too many 1 percenters.
President Obama paid 20.5 percent on earnings of $789,674. more »
A trio of governors and a duo of lieutenant governors last week dined on pink slime burgers and pronounced them mouth-wateringly-delicious-and-nutritious as TV cameras rolled on their barbeque in a Nebraska factory that manufactures the stuff.
Investor Warren Buffett last week made an insightful case for higher taxes on America's rich. The reaction to that case, from our wealthy's most ardent defenders, offers insights, too — on our plutocracy.
(This post is by Leo W. Gerard, international president of the United Steelworkers and by Cecil Roberts, international president of the United Mine Workers of America)
As oil mucked the Gulf of Mexico and families mourned 11 dead rig workers, BP officials proclaimed that the corporation’s priority always was safety. more »
Today's Financial Crisis Inquiry Commission hearing on credit rating agencies promises to shed quite a bit of light on one of the most profitable and corrupt businesses in Corporate America. more »
When I worked in the Financial District back in the nineties, the big-shot investment types loved to talk about accountability. Almost all male, they loved macho posturing. They got big money because they took big risks, they'd say. They were the Danger Boys. They had to lay it all on the line every day.
But if there's one thing we've learned in the past couple of years, it's that Wall Street lives in a No-Accountability Culture. It's No Risk, All Reward. more »
Delicious
Digg
StumbleUpon
Propeller
Reddit
Magnoliacom
Newsvine
Furl
Facebook
Google
Yahoo
Technorati
