New federal guidelines for banks and credit card companies that boost minimum monthly payments have wreaked havoc on American families struggling to pay their bills and avoid bankruptcy.
We're on our way to being a society of economic zombies, half dead and half alive, buried in debt but prevented by credit card companies from declaring bankruptcy.
Testing a Congressman's memory of the former super-lobbyist: Good old
what's-his-name...but me? I hardly knew him.
No voice rings as hollow as Newt Gingrich's on the GOP culture of
corruption. Incredibly, the media are swallowing his story.
There ought to be a law about bribery in America, but there isn't--not a real one. Bribery is so central to our political culture that it's virtually impossible that any politician ensnared in the Abramoff scandal will actually be convicted of the corruption that makes Washington work.
Reading Patrick Fitzgerald's sixty-page indictment of publishing magnate Conrad Black and his associates, one gets the feeling that the next stop for this high-living power-broker will be a prison cell.
General Motors is dimming the headlights on its industrial utopia in
Spring Hill, Tennessee. The cutback at the visionary Saturn plant,
where workers and managers once shared decision-making and cooperated as equals, is the latest affront to US autoworkers and American self-esteem.
The controversy surrounding conservative lobbyist Jack Abramoff is
creating headaches for red-state and swing-state Republicans and
opportunities for Democrats to turn a national bribery and
influence-peddling scandal into political paydirt.
Gas-guzzling SUVs take a lot of blame, but landfills make stealthy
stealthy contributions to climate change. While they should be
developing innovative waste disposal strategies, corporate-owned
landfills use techniques that generate heat-trapping methane that
accelerate global warming.
With assembly plant shut-downs and a massive layoff of 5,000 workers, GM has seen better days. Those include the 1950s, when GM was in trouble with the Senate for being too powerful, and accused of artificially raising prices and creating a monopoly in Detroit.