Andymatic

Category: 9. Corporate Power is Protected

  • Julian Assange Interviewed by David Frost

  • Moral Purity vs Economic Incentives

    A comment from Metafilter: Give me a break.The housing crash can be explained entirely in terms of incentives that were completely out of whack. Implying that we as a society would have avoided disaster if only we still had humility and moral fiber is shrill and useless, and will not help us fix this crisis […]

  • Schwarzenegger Orders Minimum Wage for State Workers (Except Himself)

    Tighter and tighter: The Schwarzenegger administration today ordered State Controller John Chiang to reduce state worker pay for July to the federal minimum allowed by law — $7.25 an hour for most state workers. The instructions from the Department of Personnel Administration exclude roughly 37,000 state workers in six bargaining units that recently came to […]

  • Whistleblower: Oil Dispersants Used to Hide the Disaster

    As we all suspected: Testimony before a Senate investigative panel this week is expected to reveal what many have suspected about BP all along; they don’t care about the environment, the animals that are dying, and the lives that are being destroyed by the Deepwater Horizon oil spill. In a shocking interview with CNN’s Anderson Cooper […]

  • Bernanke and Geithner Dumped Shit on Taxpayers

    From Bloomberg: Federal Reserve Chairman Ben S. Bernanke and then-New York Fed President Timothy Geithner told senators on April 3, 2008, that the tens of billions of dollars in “assets” the government agreed to purchase in the rescue of Bear Stearns Cos. were “investment-grade.” They didn’t share everything the Fed knew about the money. The […]

  • Millionaires vs the Unemployed

    From Yglesias: Temporarily cutting taxes on the children of multi-millionaires would have a minor stimulative effect. But it’s not well-targeted, and the effort to reduce taxes on the kids of multi-millionaires is about permanent tax cuts anyway, which don’t stimulate anything. Yet the very same Senators who said deficit concerns wouldn’t allow them to vote […]

  • Transocean to Pay $1 Billion Dividend to Shareholders

    11 dead, 17 injured and entire ecosystems and industries hang in the balance: Barely a month after the devastating Gulf of Mexico oil rig explosion that killed 11 workers, the company announced at a meeting that it would pay its shareholders a total dividend of $1 billion this year. Last week, the company held a […]

  • How Karl Rove Will Win Again

    He’s ready for another close-up. The Rove brand was tarnished in 2006, when Republicans lost control of both the House and Senate. His exit from the White House the following year was dogged by scandals, from the political firing of U.S. attorneys to the outing of CIA agent Valerie Plame. And with his longtime enemy […]

  • Cynthia Dunbar Wants Your Kids to Be Stupid

    More textbook revision from the assholes in Texas: Cynthia Dunbar does not have a high regard for her local schools. She has called them unconstitutional, tyrannical and tools of perversion. The board is to vote on a sweeping purge of alleged liberal bias in Texas school textbooks in favour of what Dunbar says really matters: a […]

  • California is the New Greece

    Schwarzenegger Warns Of “Terrible Cuts, Absolutely Terrible Cuts” Coming In California: As the state grapples with a horrible budget situation, Arnold Schwarzenegger is warning of pain ahead. Specifically, according to the SacBee, Schwarzenegger press secretary Aaron McLear said: “What you can expect generally is no taxes and terrible cuts, absolutely terrible cuts… We’re not going to get […]