Monthly Archives: May 2012

Scott Walker is John Doe

  At first I thought I thought the Overpass Light Brigade in Wisconsin was saying that Governor Scott Walker had become persona non grata; due to the John Doe reference on their sign.  They were instead referring to Walker’s legal fund. Gov. Scott Walker’s campaign has transferred another $100,000 to the defense fund used to pay his

Trouble in Madoff Trustee Land

Someone is getting paid big time. So far, Mr. Picard’s efforts have created a whopping $554 million in legal and other fees. How much have Mr. Madoff’s victims actually received from all of the cases and motions he’s made? Only $330 million. And how much does Mr. Picard estimate the fee spigot will pour out

Tepco Tuna! Radioactive import from Japan floats to US

Due to the many failures of Tepco as outlined in Greg Palast’s latest book Vulture’s Picnic; Tepco Tuna is now on the menu in the states.  Across the vast Pacific, the mighty bluefin tuna carried radioactive contamination that leaked from Japan’s crippled nuclear plant to the shores of the United States 6,000 miles away — the first time a huge

Spain bails out Bankia

Looks like Spain is following in the footsteps of the rest of the world most notably the United States of America. The state takeover of its fourth-largest lender, Spain’s biggest bank rescue, has intensified fears that the rising cost of helping banks may force the euro zone’s fourth largest economy to seek an Irish-style international bailout.

The CEO whistleblower formerly of Olympus

I just found it amazing that the CEO of Olympus would blow the whistle like that. Usually this sort of stuff never comes from that high a level within a corporation. By bringing a claim on the grounds of whistleblowing and discrimination in the employment tribunal in east London, Woodford’s damages are unlimited, depending on whether

Will we be able to continue our economic growth?

It’s a good question when we look at our limited natural resources and the damage we’re inflicting on our environment. In this Op-ED in the Times by Tim Jackson we’re alerted to another factor that could limit growth. Ever-increasing productivity means that if our economies don’t continue to expand, we risk putting people out of work.

Tweet of the day: Olbermann-Style

Hell no! Needs to be run better than just a BUSINESS! RT @markerlewine You don't believe the country should be run like a business? — Keith Olbermann (@KeithOlbermann) May 27, 2012 I have to agree with Keith here. I am a believer in the commons. Some things are to be held in common for use