Crush Nepotism Wherever It Lives
The New York Times reported yesterday that JPMorgan Chase is under federal investigation for hiring the children of China's elite with the explicit goal of boosting the bank's business prospects. Good. Nepotism on Wall Street is just as gross as nepotism at the media outlets that cover Wall Street.
The Unfairness and Stupidity of the Payroll Tax
A temporary payroll tax cut was allowed to expire recently, meaning that payroll taxes are now removing an extra 2% from everyone's paychecks. Every corporation in the business of selling things to non-rich Americans is freaking out, because they expect their customers to cut back on spending now. The working class…
Nobody Who Knows Anything Trusts the Banks
A hedge funder is making noise about bringing down the salaries of executives at Morgan Stanley. Good. The government sure hasn't been successful at holding down corporate executive salaries, so maybe the market should work its magic—let hedge funds squeeze a few extra percentage points of profit in return for holding…
Abolish the Electoral College (And The U.S. Senate)
Democracy is not very hard to understand. Its simplicity is a big part of its appeal. One citizen, one vote. Even representative democracy, necessary for unwieldy, far-flung populous nations like ours, is pretty easy: the candidate who gets the most votes wins. Representatives represent the will of the people.
'It Was Like a War Zone': A Former Nanny for Rupert Murdoch and Wendi Deng Speaks Out
A former household staffer and tutor for Rupert Mudoch and Wendi Deng's children is speaking out for the first time about the relentless nightmare that is working for the Murdochs: Screaming tantrums, nannies discarded by the side of the road on a whim, no benefits, unpaid overtime, young girls body-shamed by their…
Why We Need Unions
Wisconsin governor Scott Walker made his name with a coldblooded campaign to destroy public sector unions. Pro-union Wisconsinites tried to recall Walker; they failed. This has led to some gloating and speculation from the usual suspects (Rich Lowry, nice blazer, hair boy) that the death knell has formally sounded for…
College Kids Think Gay Professors Are All Biased
College students: will they ever be able to judge political bias with any accuracy? No, they haven't even decided whether Ayn Rand or Chinua Achebe is cooler yet! So it's no surprise they think every gay teacher is biased.
Go Back to Sleep, It's Just the Rich Getting Richer
An important part of being a successful American citizen these days is tempering your expectations. Calmness. Deep breaths. Freedom from all forms of desire. So when you hear, for example, that your economically devastated city won't see a return to pre-recession employment levels for another decade, you'll be able to…
While We're At It, Let's Free All Nonviolent Drug Offenders
Attorney general Eric Holder has come out in favor of reduced sentences for thousands of people currently imprisoned on nonviolent crack cocaine convictions. (A recent law corrected the insane sentencing disparity between crack and powder cocaine; Holder is simply recommending that the new sentencing guidelines be…
Is Child's Hallucinatory Trip to Heaven 'Real?' USA Today Investigates
USA Today—America's infographic-est newspaper—is tackling the question that is tormenting the minds of USA Today readers: is that book about the little boy meeting Jesus in Heaven real?
Goldman Sachs' Neediest Cases
In advance of Goldman Sachs' anticipated gargantuan charitable donation calculated to mask the stench of its taxpayer-financed cash bonanza, CityFile rummaged through the past recipients of Goldman's largesse. Guess what they found? Tony, preposterously expensive private prep schools, that's what!
Don't Worry, Ad People Still Make Astronomic Salaries
If this recession has you down, take heart in the fact that "chief creative officers" at America's biggest ad agencies are still able to charge people almost a thousand bucks an hour.
Time Warner Workers Unite For Cafe Fairness!
Break out the picket signs, the corporate scabs, and the Woody Guthrie songs, because it's time for all the proletarians in the Time Warner building to unite for a good old-fashioned boycott! Of the exclusive, employee-only Park Cafe! According to a righteously angry email being passed among CNN employees on the 7th…

