Jeb Bush Should Become a Democrat
If Jeb Bush became a Democrat, I’m not saying he’d win the nomination, let alone the presidency, but he’d have a better shot at either than he currently does in the Republican Party.
Sesame Street Teaches Poor Kids: Educational TV Isn't for You Anymore
For more than four decades, the television show Sesame Street has existed to teach children lessons. Today’s lesson is that people without disposable household income are in an inferior position and should be happy to receive secondhand goods.
Here's Your Terribly Disheartening Midterm Election Money Report
We all know that money was the big winner in the midterm elections. But just how big? Big, big, big! Bigggggggg money!
Helpless Mayor Bloomberg Can't Stop Himself From Getting Richer
Last month, in the New Yorker's attempt to summarize the legacy of grumpy moneybags mayor Michael Bloomberg, reporter Ken Auletta left one of the mayor's contradictions unresolved. Auletta wrote of Bloomberg's philanthropic efforts:
Alex Pareene urges Democratic voters in New Jersey to cast their ballots against "an avatar of the wealthy elite, a camera-hog, and a political cipher" in today's special Senate primary: "Cory Booker became a millionaire because this is how the economy works for people of his class: Rich people give other rich people…
It's Best to Just Pretend the Economy Doesn't Exist
Corporate insiders are overwhelmingly betting on a stock market decline. Well, of course they are. As the head of Alcoa told his investors, "The market today is basically driven by headlines and not market fundamentals." And the headlines are fundamentally bad.
Congress' Net Worth Up 25% Since 2008
The aggregate minimum net worth of Congress—the tally of the low ends of the asset ranges listed on all members' disclosure forms—has jumped 25% since 2008 to more than $2 billion, according to Roll Call. Hey everybody let's occupy Congress and light some of their nice things on fire.
Your Congressperson Got Richer Last Year. You Did Not.
From 2008 to 2009, the median household net worth for a member of Congress went up 19 percent. During the same time, the national median plummeted by 15 percent. This is known as a plutocracy.
