In the old days, a young man could graduate from high school, get a job in a factory, support a wife and five kids, and had a job for life as long as he showed up and did the work. That was before Wall Street financiers bought and sold companies like trading cards, Reagan broke […][...]
Archive for the ‘Business’ Category
DeSantis gives free pass to hotels aiding sex traffickers
Florida Gov. Ron DeSantis’ administration “has declined to issue fines after over 14,000 violations of a sex trafficking law by Florida hotels and lodging establishments,” Raw Story reported on Sunday, November 20, 2022 (see story here). “An investigation published on Sunday [...]
November 16th, 2022 - 12:48 pm § in Business, Republicans
It’s time to regulate airlines
Lawless capitalism doesn’t work. It just doesn’t. In announcing his 2024 run, bounced-out-of-office ex-president Trump bragged about cutting business regulations during his wild ride in the White House. To anyone who listens, he was giving them another reason not to vote for them. Practi[...]
Junk food sellers target black kids
Johane Filemon (photo, left), a black nutritionist and mother, insists families of color “are being systematically targeted with ads for unhealthy foods.” She complains junk food ads are everywhere, “on TV, YouTube, social media platforms, game-streaming apps and even mobile educat[...]
“Wall Street should not be any family’s landlord”
Wall Street profiteers crashed the housing market with subprime snake oil, then scooped up vast numbers of single-family homes (SFRs) at foreclosure prices, and now they’re gouging tenants with exorbitant rents. High shelter costs are a major component of the inflation now ravaging ordinary wo[...]
November 6th, 2022 - 1:46 am § in Business
Another sneaky way food companies rip you off
When food companies raise prices, their goal is to do it without you noticing. Most grocery shoppers are familiar with some of their tricks: Reducing product sizes, even putting less content in the same-sized packages (so they won’t look smaller). Here’s another one: By substituting chea[...]
Laissez faire capitalism in Arizona
Arizona is a desert state, everyone knows that, and its share of Colorado River water is inadequate for its cities and farms. What does that leave? Groundwater, which isn’t regulated. Now let’s visit Wenden, a town in southwestern Arizona, next door to a giant farm owned by a Saudi compa[...]
Seattle woman makes global news by getting scammed by an employer
London-based Reuters is one of the world’s largest news organizations, with 3,100 journalists in 200 locations worldwide (profile here). Their biggest headline on Monday, October 17, 2022, featured a woman from Shoreline, Washington, a Seattle suburb. The story (read it here) begins, “Wh[...]
September 29th, 2022 - 9:09 pm § in Business, Law and Courts
Prison for eBay execs who stalked company’s critics
This story is about a giant corporation terrorizing a couple who dared to criticize it. David and Ina Steiner (photo, above left) started a website in 1999 which Wikipedia describes as “a kind of trade publication for anyone whose business is selling items online.” It also offered “[...]