In the Public Interest
If you ever want evidence about how corrupting money is in politics, consider this crude and cruel triangle. Corporations violate health, safety and securities fraud laws. Then they settle with the courts or federal law enforcement agencies for large sums of money. At the same time, these company political action committees are pouring money into…
Read MoreThe message from the New York Times in late January was: if you wish to be commemorated for a productive life, be a famous writer, producer and director of plays and not a person who is most responsible for saving the lives of 3 million children in the world every year. George Abbott, age 107…
Read MoreAbstract ideology is tempted by extremism — a lesson Republican Governor George Allen was stunningly taught last week by the Virginia legislature. His $2.5 billion tax cut for businesses and individuals over 5 years was rejected, along with some draconian cuts in social service programs. Granted the legislature is controlled by Democrats, but in Virginia…
Read MoreThe Republican run Congress is determined to sweep aside much of the existing federal law and order against business fraud on consumers, investors and small shareholders. Before they plunge forward, with their ignorance and callousness at full throttle, they should read Mark Green’s soon-to-be-released book about what is confronting shoppers these days in the sleazy…
Read MoreWhen Republican Governor, Pete Wilson, surveyed the flooding from California’s torrential rains, what did he do? He demanded help from the federal government. When Republican House Speaker, Newt Gingrich, learned of the plummeting Mexico peso and stock market, what did he do? He declared his support of a Washington bailout, on the U.S. taxpayers’ “full…
Read MoreThe forked tongue of the new House Speaker, Newt Gingrich, was working overtime in his first week of power in Congress. It is important to learn what his self-styled “revolution” and saving “American civilization” mean to the people — their health, safety, economic rights and democracy. First, though, to illustrate how much of the Capitol…
Read MoreExcept for the Republican victors, political Washington has been a dreary and depressed place these days. The town’s political media has never been more devoid of imagination -looking for new ideas but not seeking them out, wondering about new voices but making sure none of them get heard or seen in the papers or on…
Read MoreWhen the Clintonites and the Wall Street types pushed the trade agreement with Mexico last year, called NAFTA, they did not tell you taxpayers that your tax dollars would be used to prop up the falling Mexican peso and its Mexican oligarchy. But that is what started to happen just before Christmas when suddenly, and…
Read MoreIt was another half-marathon, this one called Applefest near Nashua, New Hampshire, for a joyously experienced 27 year old runner, Arthur “Chip” Rosenfeld, III. The leaves were turning that Saturday, October 8, 1994, and he was running with friends, one of them a cardiologist. “How are ya’ feeling,” he asked one runner-pal. “Fine,” was the…
Read MoreHeadlines from recent “inside” reports to banks by Siefer Consultants have been finding their way into your pockets. “Twenty Five Ways to Increase Fee Income from Transaction Cards,” or “Ten Fee Income Growth Trends” illustrate the booming business in advising banks how to charge you for just about everything but the wear and tear on…
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