In the Public Interest
Forbes Magazine used to headline its self-promotional advertisements with the moniker “Capitalist Tool.” A satiric dig at the then postwar bipolarized world where communists used the term as a pejorative accusation against western countries and as a treasonous charge against their own native suspects. Chuckles aside, the Forbes selling machine has gone into high gear,…
Read MoreMolybdenum is a valuable metal that is used in strengthening steel. Years ago, the giant AMAX corporation was prospecting on federally-owned land in Colorado and discovered a major molybdenum mine worth $7 billion. They then bought the land from our government for about $5 an acre. All profits from the mine go to AMAX; the…
Read MoreCrisis in faraway oil country. Gasoline prices here zoom upward. The politicians and the motorists denounce the avaricious big oil companies. They demand investigations and rollbacks. Nothing happens. Deja vu! Sound familiar? Well, here goes Exxon and its oil brethren again! There is a three month supply of gasoline and an oil glut. Yet the…
Read MoreAs a high school and college student in the Fifties, I delighted in requesting materials from my government. What was not held secret was available and at no charge. I would write my Senators and Representative and receive posthaste copies of Congressional hearings and reports on all variety of subjects. From federal agencies — such…
Read MoreAfter all the shocking headlines and upwardly revised estimates of what the Savings and Loan (S&L) scandal will cost taxpayers, you may think you are shockproof. Think again. Item: Former executives of failed savings and loans, that the U.S. government has taken over, are still drawing full salaries paid for by the taxpayers. Some of…
Read MorePresident George Bush may be on the verge of making the boomerang decision of his political career. Should he nominate a replacement for retiring Associate Supreme Court Justice, William J. Brennan, Jr. who is a right-wing ideologue or even a person similar in philosophy to Justices Kennedy and Scalia -the two most recent nominations by…
Read MoreA little over ten years ago traveled to Richland, Washington next to the 570 square mile Hanford Reservation — home of the federal nuclear weapons industry run by corporate contractors and also the home of several nuclear power plants. The occasion was a debate about the hazards of nuclear power with physicist Ralph Lapp before…
Read MoreEver hear of GATT? It stands for the General Agreement on Tariffs andTrade — an elaborate Treaty designed to advance free trade among the signatory nations which includes the United States. GATT will be in the news more, in the corning months because a new round of agreements is being negotiated secretly between the nations.…
Read MoreMoscow — This is a strange time for consumers in the Soviet Union’s largest city. If they shop in the state-owned stores, they find supplies short and lines long. If they go to a large open area where private markets have sprung up, they find supplies ample but prices very high. The former is communism…
Read MoreMoscow — This is a strange time for consumers in the Soviet Union’s largest city. If they shop in the state-owned stores, they find supplies short and lines long. If they go to a large open area where private markets have sprung up, they find supplies ample but prices very high. The former is communism…
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