Tis' the season. Gifts exchanged, drunken parties, family, friends, oh and the annual dispute between networks and carriers. The most interesting one of this season is happning right now.
A new acquisition is announced today, continuing a troubling streak that is going to put our economy in even more risk.
Mozilla, on the heals of their botched hiring of Brendan Eich as CEO, is now fighting the recent FCC decision to allowed a tiered internet. The companies plan is powerful and it just might work.
People talk about income inequality all the time, but a new report shows that it is very equally distributed – amongst the top 85 richest people in the world
This has to be one of the most idiotic things I have read in ages. Shouldn’t be shocking, coming from a former Bush writer: Barring a last-minute breakthrough, taxes will go up for every U.S. taxpayer on Jan. 1 — and that’s a development conservatives should welcome. Don’t get me wrong: It would be better […]
Think Progress has posted this stomach-turning chart: The red line indicated corporate profits and the blue is the average wage of Americans. As you can see the profits have been sky rocketing to record levels, while wages continue to plummet. CNN Money puts it into words here: In the third quarter, corporate earnings were $1.75 […]
This just makes me sick: JOLIET, Ill. — When it comes to dealing with labor unions, Caterpillar has long taken a stance as tough as the bulldozers and backhoes that have burnished its global reputation. Be it two-tier wage scales or higher worker contributions for health insurance, the company has been a leader in devising […]
Many in our country feel that everything should be privatized, from road repairs to our military. Somehow they feel that corporations, which exist solely to make money, are a cheaper route than the government, which of course isn’t in the profit business. It’s one of the most infuriating and mind boggling ideas out there, and […]
The fed has released their triennial report on American wealth and it’s not good: The recent recession wiped out nearly two decades of Americans’ wealth, according to government data released Monday, with middle-class families bearing the brunt of the decline. The Federal Reserve said the median net worth of families plunged by 39 percent in […]
One big contributor to the housing crash in 2008 was speculation. One of the biggest drivers of oil prices is price speculation. Now President Obama wants to do something about it: President Barack Obama announced Tuesday that he has asked Attorney General Eric Holder to “reconstitute” a task force examining oil and gas speculation. But […]