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Tag: Greed


No, Greed Is Not Good. So Why Do We Act Like It Is?

Avarice has become widely accepted in today’s world; violinists prefer new instruments to old, prized ones in a blind test; meanwhile, Glenn Greenwald reveals that information similar to the Cuban Twitter scandal appears throughout the Snowden files. These discoveries and more after the jump.

Posted on Apr 8, 2014 READ MORE



Shutterstock

Walmart Got $150 Million in Government Subsidies

Nonpartisan watchdog Good Jobs First just released a study showing that federal, state and local officials have awarded $63 billion in subsidies to Fortune 500 companies alone.

Posted on Feb 26, 2014 READ MORE


Money Medals

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Posted on Dec 23, 2013 READ MORE



Catholic Church (England and Wales) (CC BY-NC-SA 2.0)

Time Magazine’s Person of the Year: The People’s Pope

According to the managing editor of Time magazine, Pope Francis was chosen to grace the cover of its 2013 Person of the Year issue because he “changed the tone and the perception and the focus of one of the world’s largest institutions in an extraordinary way.” But perhaps his most significant contribution this year has been his condemnation of greed and materialism.

Posted on Dec 11, 2013 READ MORE


Minimum Wage

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A call to raise the minimum wage.
Posted on Dec 10, 2013 READ MORE



AP/Max Rossi, Pool

Welcome Back, Jesus

The pope’s appraisal of modern capitalism is the obvious truth, whether divinely inspired or not.

Posted on Dec 3, 2013 READ MORE



Roman Catholic Archdiocese of Boston (CC-BY-ND)

The Heart of Francis’ Mission

Christianity has often been used over the centuries to prop up the powerful. But from the beginning, the Christian message has been subversive of political systems, judgmental toward those at the top, and demanding of all who take it seriously.

Posted on Dec 2, 2013 READ MORE


The Monkey Wrench Pope

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Posted on Dec 2, 2013 READ MORE



Shutterstock

The Empire Strikes Back

A whole new get-rich-quick scheme is brewing beneath the fanfare of the nation’s hyped housing recovery.

Posted on Nov 26, 2013 READ MORE



Catholic Church (England and Wales) (CC BY-NC-SA 2.0)

Pope Francis: Unfettered Capitalism Is a ‘New Tyranny’

Though he may not come down strongly on discrimination against the LGBT community or women, if there’s one thing this latest pope knows how to condemn it’s greed. In the pontiff’s first major publication, he tells the 1 percent to spread the wealth, for God’s sakes.

Posted on Nov 26, 2013 READ MORE



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Our Invisible Revolution

The old ideas that justified global capitalism and the oligarchic elites are being discredited. At some point the battle occurring below the surface will explode.

Posted on Oct 28, 2013 READ MORE



AP/Manuel Balce Ceneta

Let’s Get This Class War Started

If we had paid attention to history we might understand the imperative of battling the rich.

Posted on Oct 20, 2013 READ MORE


Water for a Thirsty World

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Posted on Oct 7, 2013 READ MORE


Care for Green

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Posted on Oct 6, 2013 READ MORE


Evolution

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Posted on Sep 29, 2013 READ MORE



AP/J. Scott Applewhite

The People Win as Lawrence Summers Trades Power For Wealth

Poor Lawrence Summers, he doesn’t get to be chairman of the Federal Reserve, aka the czar of the world’s economic order.

Posted on Sep 16, 2013 READ MORE


Happy Fourth

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Posted on Jul 4, 2013 READ MORE


Genes

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Posted on Jun 16, 2013 READ MORE


Bipolar Nation: The Rich Get Richer

Times are tough. Do the numbers: Chief executive officers of the country’s biggest companies experienced pay increases of a minuscule 15 percent in 2012, compared with the 28 percent their pay rose in 2011.

Posted on Apr 26, 2013 READ MORE



Danny Birchall (CC-BY)

What Margaret Thatcher Really Meant to England and the World

Amid all the suffocating claptrap celebrating Margaret Thatcher in the media, only the British themselves seem able to provide a refreshing hit of brisk reality.

Posted on Apr 11, 2013 READ MORE


Time to Break Up the Big Banks, Sen. Sanders Says

Expressing concerns that “too big too fail” banks have also become “too big to jail,” Sen. Bernie Sanders, I-Vt., said Wednesday that he will introduce legislation to break up the nation’s biggest financial institutions.

Posted on Mar 28, 2013 READ MORE



flickr/elycefeliz

How Big Corporations Are Unpatriotic

Many giant profitable U.S. corporations are increasingly abandoning America while draining it at the same time.

Posted on Mar 28, 2013 READ MORE


Chavez

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Posted on Mar 12, 2013 READ MORE



AP/Osamu Honda

Whiny Billionaires in Need of Sequestration

Where is the Occupy movement now that the depravity of the super rich is on full display?

Posted on Mar 5, 2013 READ MORE



David Ohmer (CC-BY)

So God Made a Banker

Praise be to MarketWatch columnist Brett Arends, who has written a biblically funny sendup of the finance industry.

Posted on Feb 12, 2013 READ MORE


Globalization

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Posted on Feb 1, 2013 READ MORE


Herbert Unaware

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Posted on Jan 29, 2013 READ MORE    



AP/Mark Lennihan

A Sign That Obama Will Repeat Economic Mistakes

Reports in the business press tout a prime participant in the great banking hustle as a possible candidate to be the next Treasury secretary.

Posted on Dec 7, 2012 READ MORE



Flickr/Fortune Live Media

CEO’s Demand Austerity to Fix Budget, Not End to Corporate Welfare

A group of corporate CEOs that contributed to the burgeoning deficit crisis want the poor and elderly to largely pay for the mess the greedy Wall Street fat cats helped create.

Posted on Nov 26, 2012 READ MORE


Gusher

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Posted on Nov 19, 2012 READ MORE


Advanced Alien Civilization

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Posted on Oct 7, 2012 READ MORE    



Photo by fvancini (CC-BY)

How a ‘Free’ Museum Turned Into a Piggy Bank

Oil tycoon J. Paul Getty wanted his museum, one of the richest around, to be free to the public, but the people who run the institution’s two locations in Los Angeles have found a clever way to profit from more than a million annual visitors.

Posted on Sep 11, 2012 READ MORE


That’s Our Boy

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Posted on May 20, 2012 READ MORE



AP/Stephanie Keith

The People’s Bishop

Retired Episcopal Bishop George Packard was arrested for the second time as part of the Occupy protests. His moral and intellectual courage stands in stark contrast with the timidity of nearly all clergy and congregants in all of our major religious institutions.

Posted on May 7, 2012 READ MORE


Lehman Brothers: We Let Them Get Away With It

“60 Minutes” digs into the collapse of Lehman Brothers, and more specifically the government’s decision not to prosecute the managers of the failed investment bank or its accounting firm.

Posted on Apr 23, 2012 READ MORE


Goldman Sachs Pandora

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Posted on Mar 20, 2012 READ MORE



AP / Mark Lennihan

At Last, Some Decency on Wall Street

By the time you read this, the PR hacks of Goldman Sachs will be vigorously pressing their efforts to destroy the reputation of whistle-blower Greg Smith.

Posted on Mar 14, 2012 READ MORE



AP / Mark J. Terrill

Waiting on the Wealth Hoarders

You are not a patriot if you prize profits over people. You are a hoarder of wealth.

Posted on Feb 15, 2012 READ MORE



AP / Kin Cheung

Apple Does Not Need Your Money to Treat Workers Fairly

We’ve learned a lot in the last few weeks about the inhumane treatment suffered by the workers who polish, assemble and build Apple’s iPhones and iPads. Troubled consumers have generously offered to pay more for those products to offset the cost to Apple should it choose to treat its workers fairly, but there’s really no need. (more)

Posted on Feb 1, 2012 READ MORE



AP / Damian Dovarganes

California Refuses to Accept Obama’s Banking Sellout

There is no three-strikes law for crooked bankers, who usually get off with a fine and a promise not to do it again, and again and again.

Posted on Nov 10, 2011 READ MORE


The People v. Goldman Sachs

Last Thursday, Chris Hedges, Cornel West and others held a mock trial of Goldman Sachs in Zuccotti Park.

Posted on Nov 8, 2011 READ MORE


Robert Scheer and Chris Hedges on Class Struggle

Last week on Truthdig Radio in association with KPFK, the columnists had an in-depth discussion about the Occupy movement and the ruling class, which Hedges said is “totally divorced from what’s happening.”

Posted on Nov 1, 2011 READ MORE



Photo illustration from an image by Colin Grey

Chris Hedges and Robert Scheer on Class Struggle

Last week on Truthdig Radio in association with KPFK, the columnists had an in-depth discussion about the Occupy movement and the ruling class, which Hedges said is “totally divorced from what’s happening.”

Posted on Nov 1, 2011 READ MORE



AP / Mary Altaffer

Denunciation and Disruption: The Vision That Drives Occupy Wall Street

The occupiers have made it known in a most disrespectful manner that the parasite class is not welcome anymore. That’s a good start.

Posted on Oct 25, 2011 READ MORE


Preoccupied

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Posted on Oct 11, 2011 READ MORE



Sunny Ripert (CC-BY-SA)

Income Inequality and the Death of Culture in New York City

Truthdig contributor Christopher Ketcham was born in New York and he has watched it turn into America’s “most unequal city,” what he calls “a banana republic without the death squads.” And that’s not just his opinion—facts and figures trace the cultural decline of America’s original metropolis.

Posted on Oct 3, 2011 READ MORE


Nowhere to Go

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Posted on Oct 3, 2011 READ MORE


Moneybags

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Posted on Sep 29, 2011 READ MORE



White House / Pete Souza

Why They Hate Warren Buffett

You can’t accuse a big capitalist of “class warfare.” That’s why the right wing despises Warren Buffett and is trying so hard to shut him up.

Posted on Sep 28, 2011 READ MORE


Chris Hedges Occupies Wall Street

The Truthdig columnist sits in with protesters and says the power elite are “very, very frightened,” adding, “They do not want movements like this to grow.”

Posted on Sep 26, 2011 READ MORE


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