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Monday, February 26, 2024

Posts Tagged ‘gilded age’

Mitt Romney, casino capitalist

Mitt Romney, casino capitalist

          Mitt Romney and the New Gilded Age By Robert B. Reich The election of 2012 raises two perplexing questions. The first is how the GOP could put up someone for president who so brazenly epitomizes the excesses of casino capitalism that have nearly destroyed the economy and overwhelmed our democracy. The second is why the Democrats have failed to point this out. The White House has criticized Mitt Romney for his years at the helm of Bain Capital, pointing to a ... Full Story

Government for Sale?

  Unless you have been living in Newt Gingrich’s moon colony, you have heard of SuperPacs spending tens of millions of dollars in the GOP presidential candidate race. The cause of this is the decision by the Supreme Court of the United States (SCOTUS) in Citizens United v the Federal Election Commission (FEC)  that corporations are people and money is speech. The effect is that corporations and billionaires are able to spend as much money as they want on adverting to assist the ... Full Story