If a blunder you committed cost your employer $4 million, how long would you stay employed? In America today, a CEO can cost his company $4 billion and still collect both a paycheck and a bonus . . . Oligarchy in the United States . . . The Super PAC income potential.
Lawmakers make laws. They don’t enforce them. Corporate America understands that difference — and exploits it with a relentless regularity. The latest case in point: the battle over outrageous CEO pay . . . The promise of the 2013 White House budget plan . . . The defender-in-chief of plutocratic private jets.
GOP White House hopefuls want taxes on the rich cut even lower than they’ve already been cut. What might a tax-the-rich-even-less future bring? The land of the kiwi offers one frightful answer . . . The promise of the Obama White House federal budget tax plans . . . The Ka-Ching Dynasty.
Any resemblance between democracy and U.S. Presidential politics has become, in our new super PAC era, purely coincidental. The only mystery: Why aren’t billionaires making even bigger bets? . . . How to squelch the inner blowhard in us all . . . The geography of inequality.
President Obama has proposed a specific new minimum tax rate for millionaires. Should America’s rich feel angry or relieved? We check the IRS tax data archives for an answer . . . The super rich are losing their institutional apologists one by one . . . The world’s most “successful” top 1 percent.
The GOP Presidential hopeful from Bain Capital has become a walking, talking object lesson on how our plutocracy works — and why we desperately need to end it . . . How bossy billionaires can now boss forever.
The rich don’t much like paying taxes when tax rates run high. They don’t much like paying taxes when tax rates run low either . . . Martin Luther King Jr and inequality . . . Privacy and private equity.
Today’s swaggering rich are increasingly stuffing their dollars into investments that do America’s 99 percent not one whit of good . . . Tracking a decade of growing inequality . . . Wilbur Ross, our petulant plutocrat of the week.
One puts on football pageants. Another makes mega millions on a virtual farm. Meet America’s top ten greediest of 2011. All ten remind us just how much needs to change, economically and politically, in 2012 and beyond.
Financial industry insiders are grousing about a big downturn in annual bonuses. They should be thanking the rest of us — bombshell new research shows — for their continuing awesome good tidings . . . A new historical survey of America’s egalitarian dreamers.