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Kolyma Tales

By Varlam Shalamov; John Glad (Translator)

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Tag: Money


© 2010 Reese Erlich

The Carbon Racket

Proponents say cap and trade will save the world, but an innovative green project in Nepal exposes the carbon market’s flaws.

Posted on Sep 14, 2010 READ MORE


Money Talks

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Posted on Sep 13, 2010 READ MORE    



AP / Elise Amendola

Do Not Pity the Democrats

Do not fear Glenn Beck or Sarah Palin. Fear the underlying corporate power structure, which no one, from Barack Obama to the right-wing nut cases who pollute the airwaves, can alter.

Posted on Sep 12, 2010 READ MORE


A Chance for Supreme Court Damage Control

With Congress coming back this week, there’s a chance to limit the damage the Supreme Court has caused our democracy.

Posted on Sep 12, 2010 READ MORE


A ‘Framework’ Seriously Bent

Just how corrupt is the U.S.-backed government in Afghanistan? It should be clear by now that President Hamid Karzai doesn’t want us to know.

Posted on Sep 9, 2010 READ MORE


The Neoliberal Bait and Switch

Thirty years into the neoliberal experiment, the Great Recession is exposing the flaws of the Washington Consensus.

Posted on Sep 9, 2010 READ MORE


The Tax-Cut Hand Grenade

The president’s position that the tax cuts for those making less than $250,000 a year should be extended permanently is fiscally reckless.

Posted on Sep 7, 2010 READ MORE



Bollywood Jesus

Today on the list: How human beings could have made the universe, the movement to move Tony Blair’s memoirs to the crime section, the Social Security con and the Bollywood movie ... about Jesus.

Posted on Sep 7, 2010 READ MORE



AP / Mark Lennihan

Waking Up in the 1930s

In the year 2010, America once again embraced the bread line, and the neatly dressed, solidly middle class, once working folk who queue up are just becoming reconciled to a stark new reality.

Posted on Sep 2, 2010 READ MORE


Church Picnic With a Buzz

It has not been clear whether, or how, the tea party would seek to accommodate the religious aspect of the conservative movement. Glenn Beck’s “Restoring Honor” rally illustrated one potential route.

Posted on Aug 31, 2010 READ MORE


Beck’s 15 Minutes of Fame

No puffed-up huckster like Glenn Beck could ever diminish the importance of the 1963 March on Washington or the impact of King’s unforgettable words. 

Posted on Aug 27, 2010 READ MORE


The Billionaire Right-Winger

It certainly seems unlikely that David Koch has ever encountered any of the folks who turn up at a typical tea party event or that he has ever showed up at a congressional town hall meeting to scream about health care reform. For Koch, the tea partyers are merely pawns.

Posted on Aug 27, 2010 READ MORE



AP / Alexandre Meneghini

Inching Away From Bullfighting and Its Macho B.S.

Catalonia has imposed a 2012 ban on the tradition, which is losing support throughout Spain. Could this toxic mix of blood lust and male preening finally be on its way out?

Posted on Aug 26, 2010 READ MORE


ENTER_ALT_TEXT
AP / Reed Saxon

Fox and Friends Trying to Bully and Buy Their Way Back to Power

Fox News and its boss, Roger Ailes, along with Karl Rove and unlimited corporate campaign contributions, pose an enormous threat to President Barack Obama and Democratic candidates this fall.

Posted on Aug 23, 2010 READ MORE



AP / Disney / Matt Stroshane

ESPN Is the Diva, Favre Is Just an Old Pro With a Bum Ankle

In the 10 months from September to July, at least two of the four major leagues are playing. In July and August, we’re on our own and the Big Paparazzo does what it does when it has nothing ... guess at something, blow it up, project from it and comment on it.

Posted on Aug 22, 2010 READ MORE



White House / Pete Souza

Change Accomplished

This is a radical break from journalistic convention, I realize, but today I’d like to give credit where it’s due—specifically, to President Obama. Quiet as it’s kept, he’s on a genuine winning streak.

Posted on Aug 19, 2010 READ MORE


Insanity Is Déjà

History has become a damning package of inconvenient truths—and those truths are often shunned because they threaten today’s most powerful ideological interests.

Posted on Aug 19, 2010 READ MORE



AP / David Vincent

N. Korea Deserves a Hard Kick for Abusing Its Soccer Team (Update)

The sport’s international governing body is looking into reports that the defeated players were exhibited in Pyongyang as targets of condemnation. Kim Jong Il must be confronted in this case.

Posted on Aug 15, 2010 READ MORE


Elites’ Democratic Days Are Numbered

Incumbent Democratic Sen. Michael Bennet’s narrow primary victory over former state legislator Andrew Romanoff in Colorado can be summed up by Mel Brooks’ expression “evil will always triumph because good is dumb.” Make it “dumb and broke.”

Posted on Aug 15, 2010 READ MORE



Illustration based on an image by Bearas (CC-BY-SA)

Germany’s Good Fortune Tips the Scales Against Its Neighbors

The excellent second quarter export and growth results reported by Germany have set that country at an increasing, and increasingly dangerous, distance from the other members of the European Union.

Posted on Aug 10, 2010 READ MORE



U.S. Coast Guard / Petty Officer 3rd Class Patrick Kelley

BP Pumps Money Into Relief Fund—It’s No Gusher

BP has paid $3 billion into the relief fund promised President Obama, including $319 million already paid to victims of the Gulf oil spill, but it will be years before the $20 billion escrow account is fully funded.

Posted on Aug 9, 2010 READ MORE



Flickr / The Pug Father (CC-BY)

Google and Verizon Have a Plan to Wreck the Internet

Google and Verizon have decided they would do a better job writing the regulations that govern their Internet businesses, and so the two have come up with a “policy framework” that has progressive groups and net neutrality advocates steamed.

Posted on Aug 9, 2010 READ MORE



Nasser Shiyoukhi

The Tears of Gaza Must Be Our Tears

Muslim, Christian or Jew, we ignore this suffering at the peril of our own humanity. As Rachel Corrie wrote in her last letter to her parents, “I could live a comfortable life and possibly, with no effort at all, exist in complete unawareness of my participation in genocide.”

Posted on Aug 9, 2010 READ MORE


Chris Dodd and the Politics of Joy

When I sat down last week at the Capitol with Chris Dodd to talk about his 36 years in Congress, he didn’t change my attitude toward the longest-winded legislative body in the world. But he reminded me of something missing in our public life: an ebullient joy about what democratic politics can accomplish.

Posted on Aug 8, 2010 READ MORE



Gates Foundation

40 Billionaires Agree to Give Half of It Away

With philanthropy buddies Warren Buffet and Bill Gates leading the way, 40 representatives of the uber rich have pledged to give half of their fortunes to good works. George Lucas of “Star Wars” (and ruining “Star Wars”) fame and Ted Turner, who gave us CNN before it was terrible and has the mustache to prove it, are among those on the list.

Posted on Aug 4, 2010 READ MORE



AP / Frank Franklin II

George Steinbrenner’s Evil Empire

The Boss didn’t leave his heirs a baseball team but a financial empire that can never be rivaled, villains you can depend on and a legacy like Sherman’s to Georgia.

Posted on Aug 4, 2010 READ MORE



house.gov

Another Prominent Democrat Faces Ethics Charges

Rep. Maxine Waters, a stalwart progressive voice in the House for nearly 20 years, is defending herself against charges that she improperly intervened to help bail out a bank with ties to her husband. Waters released a statement denying any wrongdoing, saying she was merely working on behalf of minority banks.

Posted on Aug 2, 2010 READ MORE


How Big Government Saved the Malibu

Who could have imagined that the bailout of the auto industry, one of the single most unpopular moves by the Obama administration, would become one of its best talking points?

Posted on Aug 1, 2010 READ MORE


Picking the Wrong Education Fight

It’s galling that civil rights groups would oppose Obama administration initiatives to improve failing schools—initiatives that hold the greatest promise for minority students.

Posted on Aug 1, 2010 READ MORE



Photo illustration based on an image by Flickr user cometstarmoon (CC-BY)

The Politics of Stupidity Strike Again

Can a nation remain a superpower if its internal politics are incorrigibly stupid? While we’re at it, does any other democracy have a powerful legislative branch as undemocratic as the U.S. Senate?

Posted on Jul 28, 2010 READ MORE


Quack Medicine on Taxes

The modern Republican argument about taxes seems to boil down to two principles, both misguided: Taxes can be reduced, but they can never be allowed to go up. And whatever level taxes are at, they are too high.

Posted on Jul 27, 2010 READ MORE



U.S. Army / Spc. Christopher Wellner

$8.7 Billion More Disappears in Iraq

The special inspector general for Iraq reconstruction says the Pentagon cannot account for $8.7 billion of Iraq’s money. The Department of Defense was supposed to spend the funds, which came from the sale of oil and other assets, on reconstruction, and it may have—it just doesn’t know for sure.

Posted on Jul 27, 2010 READ MORE


Rebuke but No Consequences for Post-Bailout Bonuses

Sticks and stones and all that: U.S. bankers are probably glad today that, as the childhood rhyme claims, “words can never hurt me,” since the Obama administration’s so-called pay czar has decided to criticize them for paying out $1.6 billion in extra payments to top execs after they received federal bailout funds—but not seek any punishment.

Posted on Jul 23, 2010 READ MORE


Our Secret Leviathan

Back in the bad old days of the Cold War—when mutual nuclear annihilation was a policy option—a culture of secrecy arose in Washington. What wise observers understood even then was that while governments tried to keep secrets from each other, their chief concern was to keep secrets from their own people.

Posted on Jul 21, 2010 READ MORE



AP / J. Scott Applewhite

The Grinches Who Stole Summer

Thanks to the defection of the two relatively enlightened Republican senators from Maine and the quick replacement of the late Democratic Sen. Robert Byrd, unemployment checks that had been stalled for millions of American families since early June will soon resume. But for Republicans, it has been a defining issue that will haunt the party.

Posted on Jul 21, 2010 READ MORE



Amazon

Amazon Sells Many More Digital Books Than Hardcovers

It looks like Amazon’s e-book strategy is paying off. CEO Jeff Bezos revealed Monday that, “even while our hardcover sales continue to grow,” his company sold 180 Kindle edition books for every 100 hardcovers last month. That figure has accelerated since Amazon dropped the price of its best-selling product, the Kindle e-book reader, by $70.

Posted on Jul 20, 2010 READ MORE



AP / Maya Hitij

Calling All Future-Eaters

We sit passive and dumb as corporations and the leaders of industrialized nations ensure that climate change will accelerate to levels that could mean the extinction of our species. Homo sapiens, as the biologist Tim Flannery points out, are the “future-eaters.”

Posted on Jul 19, 2010 READ MORE



AP / Gregory Bull

Possible Cause of Death: Privatization

When a branch fell from a tree at the Central Park Zoo, killing a 6-month-old baby, Mayor Michael Bloomberg declared it “an act of God.” But in all likelihood it was the act of a mayor.

Posted on Jul 15, 2010 READ MORE


‘A Good Year to Die’

George Steinbrenner’s well-timed death—though I suspect he may not have seen it that way—points up the insanity of the current estate tax situation.

Posted on Jul 15, 2010 READ MORE


A Change Election—in the Wrong Direction

The furious and frustrated electorate should be careful when they demand change in the upcoming midterm elections—because what they get may well be very different from what they actually want.

Posted on Jul 14, 2010 READ MORE



AP / Carolyn Kaster

There’s Just No Pleasing Some Robber Barons

The flight from reason that now marks American public discourse came home for me last Friday when I found myself on public radio debating whether Barack Obama is anti-business.

Posted on Jul 13, 2010 READ MORE


The Thing That Ate the WIC Budget

The government’s struggles with infant formula, of all things, offer a broader lesson in how hard it is to take even the most common-sense steps to save taxpayer dollars.

Posted on Jul 13, 2010 READ MORE


Reality and Reform for How the EU Keeps Its Peace

The European Union deliberately has chosen not to challenge the United States as a military or political superpower. This is convenient for most and saves Europe a great deal of money. It is prudent, since no one knows what the U.S. would do if the Europeans undertook a role that challenged American primacy.

Posted on Jul 13, 2010 READ MORE



White House / Pete Souza

Obama’s Health Care Bill Is Enough to Make You Sick

A close reading of the new health care legislation, which will conveniently take effect in 2014 after the next presidential election, is deeply depressing.

Posted on Jul 11, 2010 READ MORE


The Decision

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Posted on Jul 11, 2010 READ MORE


Millions Watch Rich Guy Get New Job

Based on the record ratings for its special featuring LeBron James’ announcement of his new team, ESPN announced that instead of airing NBA games, it would schedule two-hour specials showing the rich guy cashing his ginormous paychecks.

Posted on Jul 11, 2010 READ MORE


Pitfalls of Soaking the Rich

Rich Trumka—the AFL-CIO president intercepts any attempted honorific with an easy “Call me Rich”—comes armed with charts. His first one is, literally, in shades of gray. Its message is anything but.

Posted on Jul 6, 2010 READ MORE



Flickr / walknboston (CC-BY)

Wall Street Donors Withhold Money, Affection From Democrats

Maybe the Democrats are doing something right after all. According to the number crunchers at The Washington Post, donations from the New York area to the party’s congressional campaign committees are down 65 percent, with the drop largely attributed to Wall Street’s dissatisfaction with financial reform. (continued)

Posted on Jul 6, 2010 READ MORE



AP / Reed Saxon

Ailing Journalism in Ailing Times

The L.A. Times executive suite, desperate for company income, shows an ethics-be-damned attitude in breaching the line between ads and news.

Posted on Jul 5, 2010 READ MORE


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