This shift in how companies are governed and raise money is bringing with it a structural change in American capitalism. That should be a matter of great debate. Are these new businesses, with their ability to circumvent rules that apply to conventional public companies, merely adroit exploiters of loopholes for the benefit of a plutocratic few? Or do they reflect the adaptability on which America’s vitality has always been based? - Rise of the distorporation - how changes in the way companies are financed and managed is changing the wealth distribution of America.
posted by Artw
on Nov 2, 2013 -
A very special 'This American Life' about an administration with the endemic belief that laws only apply to the little people, and a limitless refusal to concede on even petty issues, no matter the costs. The highlight is about immigrant widows of US citizens (30:50). The program also discusses the constitutional beliefs of the presidential candidates. [more inside]
posted by East Manitoba Regional Junior Kabaddi Champion '94
on Apr 2, 2008 -
A flood of red inkThis time the turnaround will be much tougher. There will be no “peace dividend” from the end of the cold war (indeed, the pressure on military spending may continue to increase). America is unlikely to see another stockmarket bubble, with its surge in tax revenues. As baby-boomers retire, the pressure from entitlement spending will be more acute. Set against this background, the path back to a sustainable fiscal policy will be extremely painful, even without any dramatic fiscal crisis. Long after Dubya is back on his ranch, Americans will be trying to recover from the mess he created.
posted by y2karl
on Nov 6, 2003 -
It's like a paycheck advance, not a rebate. You thought the great tax relief of 2001 was a rebate on those huge surpluses the US gov't didn't know what to do with right? Nope, it's merely an advance on the refund of taxes you'll file next year, and here's the kicker: you may or may not be getting any refund at all next year. Tax relief? Tax rebate? Simply owing the $300 back next April? Who came up with this stupid idea? (truth courtesy of Megnut)
posted by mathowie
on Jul 27, 2001 -
how to buy the new republican party "The tax cuts will make the economy grow. As people do better, they start voting like Republicans--unless they have too much education and vote Democratic" [this is the recently launched newyorker online]
posted by palegirl
on Feb 14, 2001 -