Pay Double Standards and American Mythology

December 21, 2008
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Pay Double Standards and American Mythology

Why does American business logic says that to be competitive you have to pay your workers less and pay your executives more...much, much, much more? It seems to me that we moved away from a meritocracy and into a plutocracy decades ago - around the time that median income stopped increasing apace with productivity, and…

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The Financial Crisis Explained In One Easy Chart

December 17, 2008
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The Financial Crisis Explained In One Easy Chart

Jeff Frankels explains the the origins of the economic crisis in one chart!

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Kicking the Grenade Down the Road

December 17, 2008
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Sec. St. Condeleza Rice works on the Bush Legacy Whitewash, recommending that Blackwater mercenaries be dropped from US security details [after she and Bush are gone].

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Friedman: We need an ethical bailout

December 17, 2008
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Thomas Friedman in NYT discusses Bernard Madoff, former chairman of NASDAQ, who admitted last week that his $50 billion hedge fund really just a Ponzi scheme. Friedman doesn't have to stretch far to label our entire financial morass, from sub-prime mortgages, to collateralized debt obligations and credit default swaps, to mind-blowing executive bonuses for faked…

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Say Goodbye to “Minimally Adequate” Education

December 16, 2008
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"Minimally adequate" is the kind of effort you apply to picking fuzz balls off a 20 year old Christmas sweater, not to educating the future of your state and your country. GoodbyeMinimallyAdequate.com is organizing a petition raise the bar.

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SC Healthcare – Selling Smokes to Cure Lung Cancer

December 11, 2008
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Governor Sanford's tax swap plan is dependent on increasing smoking addiction. Much in the way that funding education partly on a state lottery fund puts the state in the position of encouraging gambling addiction, funding any on-going general programs, including healthcare, on cigarette tax revenue puts the state in a position of needing more cigarette…

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