-
+15 +1
Biden’s Health Plan Shifts Even More Public Dollars Into Private Hands
Biden’s American Rescue Plan, like the Affordable Care Act, does not move us any closer toward a single-payer system.
-
+38 +1
What Happened to Venezuela Isn’t So Simple
It’s not a proving ground for Capitalism vs. Socialism. It’s a story of corruption. By Mike Centeno. (Nov. 21, 2018)
-
+3 +1
They Never Have Enough Money
The American right is not done trying to entrench health care’s status as an exclusively free market good: in a short letter to a federal appeals court Monday, Trump’s Justice Department asserted its approval of a district court ruling in December that scrapped the entire Affordable Care Act (ACA) on grounds widely seen as legally dubious.
-
+17 +1
Shkreli directing notorious pharma co. from prison. It’s still losing millions
Armed with a contraband phone, an incarcerated Martin Shkreli is plotting a comeback with his notorious pharmaceutical company, according to a report by The Wall Street Journal. So far, however, the company is still losing millions of dollars. Shkreli is just 16 months into a seven-year prison sentence over securities-fraud charges. He landed in jail last year for running what federal prosecutors described as a Ponzi-like scheme that duped investors of his hedge funds.
-
+3 +1
The Crimes of Socialism and Capitalism
We’ve heard for decades that socialism has a body count. But how does it compare to capitalism? Mike Davis discusses Stalin, Mao, and the staggering holocausts of capitalism’s nineteenth-century heyday.
-
+15 +1
Ajit Pai’s 5G plans make it harder for small ISPs to deploy broadband
FCC plans to tilt a spectrum auction toward T-Mobile, AT&T, and Verizon.
-
+18 +1
ISPs say they can’t expand broadband unless gov’t gives them more money
Broadband providers have spent years lobbying against utility-style regulations that protect consumers from high prices and bad service. But now, broadband lobby groups are arguing that Internet service is similar to utilities such as electricity, gas distribution, roads, and water and sewer networks. In the providers' view, the essential nature of broadband doesn't require more regulation to protect consumers. Instead, they argue that broadband's utility-like status is reason for the government to give ISPs more money.
-
+11 +1
Reddit — one of the world's most popular websites — is trying to cash in through advertising
Reddit is trying to turn its loyal 330 million Redditors into valuable advertising revenue. It's been heavily pitching advertising agencies and unveiling new ad products. By Michelle Castillo.
-
+5 +1
Private equity bosses took $200m out of Toys R Us and crashed the company, lifetime employees got $0 in severance
Private equity's favorite shell game is to take over profitable businesses, sell off their assets, con banks into loaning them hundreds of millions of dollars, cash out in the form of bonuses and dividends, then let the businesses fail and default on their debts.
-
+6 +1
Top Mormon Leader Tells Africans Tithing Will End Cycle Of Poverty
Mormon gangster hustles Africans: In a despicable display of greed, the leader of the Mormon church tells poor Africans that giving the church money will end their poverty. Russell Marion Nelson Sr., President of The Church of Jesus Christ of Latter-day Saints, was in Nairobi, Kenya, earlier this week “to deliver a message from the Lord.”
-
+20 +1
‘Pharma Bro’ Shkreli Is In Prison, But Daraprim’s Price Is Still High
It was 2015 when Martin Shkreli, then CEO of Turing Pharmaceuticals and the notorious “pharma bro,” jacked up the cost of the lifesaving drug Daraprim by 5,000 percent. Overnight, its price tag skyrocketed from $13.50 a pill to $750. The move drew criticism from all corners. Congress hauled Shkreli in for questioning on television. Media outlets shamed the practice. The Pharmaceutical Research and Manufacturers of America (PhRMA), the powerful trade group for branded drugs, distanced itself, saying Turing “does not represent the values of @PhRMA” and kicked off a campaign it described as “more lab coat, less hoodie.”
-
+7 +1
Big Companies Are Getting a Chokehold on the Economy
Even Goldman Sachs is worried that they're stifling competition, holding down wages and weighing on growth. By Noah Smith.
-
+14 +1
Tech billionaire, ordered to reopen public beach, appeals to supreme court
A Silicon Valley billionaire who was ordered by California courts to restore public access to a popular surfing beach is seeking to take his case to the US supreme court. The case could entirely upend public access to beaches in a state with more than 1,000 miles of shoreline.
-
+9 +1
Megachurch pastor’s $230K Bentley sparks criticism: ‘He’s sucking the community dry’
When the leader of the 10,000-member Mount Ararat Baptist Church in Pittsburgh parked his $230,000 Bentley Bentayga outside his church, someone took a photograph of the car and posted it to Facebook. Now Pastor William H. Curtis is finding himself at the center of a debate about his expenditures. In a Facebook post from last Monday, Jarell Taylor shared a picture of Pastor Curtis’s car parked in a reserved parking spot outside the church, with the caption, “If ya pastor driving a Bentley truck…. he’s sucking ur community dry with hope and tithes.”
-
+2 +1
In final-hour order, court rules that Alabama can destroy digital voting records after all
Alabama is allowed to destroy digital voting records created at the polls during today's U.S. Senate election after all. At 1:36 p.m. Monday, a Montgomery County Circuit Court judge issued an order directing Alabama election officials to preserve all digital ballot images created at polling places across the state today.
-
+24 +1
WTF is wrong with rich people?
I live in Sag Harbor, New York, out on the East End of Long Island in the Hamptons. The village of Sag Harbor was founded in 1707, and the house I rent is a Saltbox built in 1703. Just down the street is the Egyptian Revival Old Whaler’s Church, built in 1844. It’s a beautiful wood-frame clapboard structure. Hell, everything is beautiful out here — East Hampton, Bridgehampton, Southampton, Amagansett, the potato fields and beaches of Sagaponack — driving around here, you can’t go around a bend without seeing something that takes your breath away.
-
+19 +1
"The Business and the Market Feel Good": Sotheby's Posts Better-Than-Expected Third Quarter Results
Sotheby's third quarter results beat expectations thanks to a change in the sales Hong Kong schedule and an unexpected tax benefit.
-
+26 +1
'Pharma bro' Martin Shkreli heads into fraud trial
Martin Shkreli, the pharmaceutical entrepreneur vilified as the "pharma bro" for raising the price of a life-saving drug by 5,000 percent, will go on trial on Monday for what U.S. prosecutors called a Ponzi-like scheme at his former hedge fund and a drug company he once ran.
-
+22 +1
EpiPen’s 400 percent price hike tells us a lot about what’s wrong with American health care
The EpiPen was invented in the 1970s by a biomedical engineer, Sheldon Kaplan, who was searching for a way to treat allergic reactions quickly. What he came up with was the EpiPen we know today: a pen-like device that delivers a premeasured dose of the hormone epinephrine in emergency situations. The device is ubiquitous in our country, carried by those with asthma or life-threatening allergies.
-
+14 +1
Roberts Rules for Protecting Corporations
The chief justice’s changes to the rules for litigation make suing big business a whole lot harder. By Moshe Z. Marvit.
Submit a link
Start a discussion