Posts Tagged ‘greed’

The New Economic Norm? Nah, It’s The New Cultural Norm

Greed Kills - photo by madhava

The economy is doing well for those who are already wealthy, but the average worker sees very little of it.  Salary increases, when they happen, don’t keep up with inflation. President Obama refers to this as an economic problem. Others call it the new economic norm. I call it a cultural problem. It’s a cultural…
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Federal Government Helping To Boost Renewable Energy Production

Fossil fuel VS renewable energy - photo by Gregoire Vandenbussche

by Albert Ross — The federal government spent $24 billion in 2011 on energy subsidies, with three-quarters of that amount, $16 billion being used to help boost production of renewable and clean energy sources. A recent article on cnn.com by Steve Hargreaves reported that according to the Congressional Budget Office the fossil fuel industry only…
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Many on Wall Street say greed is necessary

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Many on Wall Street say greed is good, or at least necessary. Apparently they watched the Oliver Stone movie Wall Street (1987) and interpreted it as a training tool for how to get rich instead of its intended purpose of revealing what’s wrong with the financial system. In related news, Mitt Romney would like to further…
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Greed: It’s Why We Need Strong Financial Regulations To Avoid Another Meltdown

Greed - photo by burstingwithcolors

I think it’s safe to say that all but the most extreme (and potentially selfish) anti-government libertarians would be for regulations when it comes to aviation including the safety of the airplane that takes you to see Aunt Betty in St. Louis. I think most would be hesitant to trust a for-profit company to regulate…
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The State Of Capitalism: Chris Hayes – “The Difference Between Cheating And Performance”

Chris Hayes

Today Chris Hayes made a great point about the difference between cheating and performance, or that there isn’t really a difference at all, at least not anymore. The problem is that we assume people who have made a lot of money did the right things in life to earn that money, but we know that…
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