By Ellen Brown / Original to ScheerPost On Friday, March 10, Silicon Valley Bank (SVB) collapsed and was taken over by federal regulators. SVB was the 16th largest bank in the country and its bankruptcy was the second largest in U.S. history, following Washington Mutual in 2008. Despite its size, SVB was not a “systemically […]
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Why won’t big American corporations do what’s right for America unless the government practically bribes them?
And why is the government so reluctant to regulate them?
Prior to the 1980’s, the U.S. government demanded that corporations act in the public interest.
For example, the Clean Air Act of 1970 stopped companies from polluting our air by regulating them.
Why do we glorify “self-made” billionaires?
Well, being “self-made” is a seductive idea —it suggests that anybody can get to the top if they’re willing to work hard enough. It’s what the American Dream is all about.
If Kylie Jenner can become a “self-made” billionaire at age 21, so can you and I!
Even as wages stay stagnant and wealth inequality grows, it’s a comfort to think that we’re all simply one cosmetics company and some elbow grease away from fortune.
Hello there H, You asked for some money advice. Let’s be clear I am no financial advisor. I am barely financially literate. It’s true however that I put my beloved R to sleep at night regaling her with my financial equivalent of a shortsighted Don Quixote attacking windmills …
Last year I was wondering which way to go in my work life. I started an oncology post-grad but quickly lost motivation. My cynicism around the higher education sausage machine got the better of me. I ended up doing Plan 2:
a year goofing off. I could work less; spend …