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Halcyon Days for Rational Man
These are hard times for Compassionate Man. Every place he turns, Rational Man kicks sand in his face. Compassionate Man would like to bop Rational Man on the beak, but he can’t, because he’s Compassionate Man. Rational Man knows this, so he kicks more sand in Compassionate Man’s face. Rational Man...
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JPMorgan Chases Profits
Forgive us our debts, as we forgive our debtors. The Lord’s Prayer Here are some of the good things JPMorgan has done in recent years. In 2012 it reduced the compensation of Jamie Dimon, its chairman, president and CEO from $23 million to $11.5 million. That was his punishment for all the bad...
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Obama Extends War in Afghanistan
News agencies reported this morning that weeks ago President Obama signed an order, kept secret until now, to authorize continuation of the Afghan war for at least another year. The order authorizes U.S. airstrikes “to support Afghan military operations in the country” and U.S. ground troops to...
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Endless War: Obama Secretly Extends US War on Afghanistan
Last May 27, in an announcement in the White House Rose Garden, President Obama said: "2014, therefore, is a pivotal year. Together with our allies and the Afghan government, we have agreed that this is the year we will conclude our combat mission in Afghanistan... America’s combat mission will be...
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Warning to Ferguson Police: Protesters Win Millions for Police Misconduct
Police officers should approach Ferguson protestors with caution and fully respect their constitutional rights. That is the clear message from recent court awards and settlements against police force abuses against demonstrators. New York City just paid out $17.9 million to more than 1800...
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How ACA Fuels Corporatization of American Health Care
A new Harvard study has found that Americans’ trust in the medical profession has dropped dramatically in recent years and lags behind that in many other wealthy countries. At the same time, doctors are becoming increasingly unhappy with our profession. In his new memoir, “ Doctored ,” Dr. Sandeep...
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Why I Am in Jail
Breakfast in the Chemung County Jail is served at 5 a.m. This morning—Friday, November 21, 2014—it was Cheerios and milk plus two slaps of universally-despised “breakfast cake.” Along with trays of food—which are passed through the bars—arrive the morning rounds of meds for the inmates who take...
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Cold War 2.0 Not a Likely Win for the U.S.
November marks the 25 th anniversary of the fall of the Berlin Wall. One of the totemic structures of the Cold War came down. But with conflict between the U.S. and Russia heating up again, is another Cold War in the offing? More importantly, will Cold War 2.0 end the same as did 1.0, with a U.S...
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Big Pharma—Crony Capitalism Out of Control
Two recent news items about the voracious drug industry should call for a supine Congress to arouse itself and initiate investigations about the pay-or-die drug prices that are far too common. The first item— a page one story in the New York Times —was about the Cystic Fibrosis (CF) Foundation,...
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Failing to Deliver: Manufacturing Wages Aren't What They Used to Be
Though nine out of ten Americans perceive blue-collar jobs as "good jobs" and policymakers tout the benefits of expanding the country's manufacturing base, the truth is that factory wages now rank in the bottom half of those for all jobs in the U.S., according to a new study from the National...
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