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Archive for the ‘billionaire’ Category

Another Welfare Handout for Wall Street Tycoons

Sunday, September 28th, 2008

We've had almost a week of these hysterical cries of “Wolf!” and “Emergency!” After awhile those initial panic reactions of “Oh My God! What will we do?!?!?” start giving way to more rational analysis. After all, if you're trapped inside a burning building, your first priority is to get out alive. ...

Alms for the Rich?

Tuesday, September 23rd, 2008

Could it be there's a tiny bit of backbone showing in Congress and smallest touch of gray matter showing in the electorate? Low and behold, after eight years voters finally figured out that Republicans are as financially responsible as a drunk frat boy in a stripper joint with a no-limit gold ...

Carl Icahn: “Those Lowly Workers Don’t Need a F$*&!#*$! Severance Package”

Thursday, June 5th, 2008

“That’s the trouble with America today. There’s too much of that pansy socialism. Employers have turned into a bunch of bleeding-heart pussies. They think they owe something to their employees?!?!?!?!? Workers are a dime a dozen; they’re chattel. Their bosses don’t owe them jack shit! When I take over your ...

Rich is as Rich Does: The American Income Gap

Thursday, May 15th, 2008

I've had the good fortune to work white-collar, blue-collar, and sort of fuzzy gray-collar jobs during my life. I've been a low-paid mechanic and a relatively highly paid writer. I've built amusement park rides and made my way through a number of part-time, low-paying jobs - caterer, drummer, and ABC ...

Journalists are overhead? According to Sam Zell they are.

Thursday, April 10th, 2008

NPR has a recording of one of the speeches of the new owner of The Tribune Company, Sam Zell, which owns among other things: Newsweek, the Baltimore Sun and the LA Times. He was speaking to staff comprised of editors and journalists. Sam Zell is a Billionaire but evidently a ...

When Greed Ain’t Good

Tuesday, April 8th, 2008

Unrestrained corporatists are an interesting breed. To them, government is inherently evil. CEOs see the government as a bunch of anti-corporate lunatics that would take away their God-given right to turn a buck. They resist even the smallest threat of limp-wristed regulation on the grounds that the "free" market is ...

The Man Who Made His Accountant Cry

Saturday, March 29th, 2008

What has 23 acres, an 8000 sq. ft. house with two wings, a guest home, three cottages, a gym, a 5-acre lake, two waterfalls, two bridges, and hundreds of mature cherry and maple trees planted among 1000 redwoods pines and oaks? The $200 million estate of Larry Ellison, the $25 billion, ...