Slate has replaced one minor member of the Society of Apologists for Plutocrats (SAPs), Matt Yglesias, with another, Zachary Karabell. The transition has been seamless.
An old pearl of wisdom from the Great Depression held that investors should have known it was time to sell when shoeshine boys started handing out stock tips. The day traders of the late-1990s were a recent version of the same phenomenon. When the …
First, a prayer: May your Thanksgiving gathering be the supercommittee of our dreams, which is to say a happy meeting where everyone gets along despite their ideological differences and divides the pie equitably. We recognize, however, that some fam…
PONTIAC, Mich.—To get to city hall, you drive up I-75, past the empty Silverdome where the Detroit Lions used to play, and into a nondescript concrete municipal building. The city clerk was laid off a few days ago, but the door to her office hangs…
Hundreds were arrested in Occupy Wall Street protests Thursday, in a nationwide “Day of Action” marking the two-month anniversary of the movement. Some protesters were beaten with batons, and at many times throughout the protests others have been f…
The official corporate tax rate is 35 percent, but that would be tough to tell by looking at the financial statements of some of the nation’s largest companies.
A new study out Thursday found that 280 of the largest publicly traded U.S. compani…
LAS VEGAS—On Wednesday, Jerry Mann watched the house next to his get sold at a foreclosure auction. On Thursday, he was a proud participant in Occupy Las Vegas.
“It’s a shame about that house,” says Mann, a former small-town mayor fro…
The 30-second television spot for OWS…..
http://www.slate.com…commercial.html
99 Percenters, Meet the 53 Percenters
In response to Occupy Wall Street, some conservatives are blasting the 47 percent of Americans who don’t pay federal taxes. Do they have a point?
http://www.slate.com/articles/business/money…
The Consumer Sentiment Survey of Americans, created by George Katona at the University of Michigan in the early 1950s and known today as the Thomson-Reuters University of Michigan Surveys of Consumers, has included a remarkable question about the reas…