From, Farhad Manjoo, “Private Equity Doesn’t Want You to Read This” — New York Times — Aug. 4, 2022 One of private equity’s main plays is the leveraged buyout, which involves borrowing huge sums of money to gobble up companies in the hopes of restructuring them and one day selling them for a gain. But … Continue reading Quote of the Weekend: The Senate Saves the Billionaires (Again)
Taiwan – Nancy Pelosi’s Last Hurrah Gwynne Dyer — Aug 04 2022 People walk past a billboard welcoming U.S. House Speaker Nancy Pelosi, in Taipei, Taiwan, Tuesday, August 2, 2022. Pelosi . . . becomes the highest-ranking American official in 25 years to visit the self-ruled island claimed by China, which quickly announced that it … Continue reading Pelosi & Taiwan: Curtain Raiser On A New Nuclear Suspense Drama?
ProPublica: A Right-Wing Think Tank Claimed to Be a Church. Now, Members of Congress Want to Investigate Andrea Suizzo — August 2, 2022 Forty members of Congress on Monday asked the IRS and the Treasury to investigate what the lawmakers termed an “alarming pattern” of right-wing advocacy groups registering with the tax agency as churches, a … Continue reading Shining Light on the New Church of Rightwing Dark Money
My apologies in advance to those readers who are not COSTCO members, for whatever reason. Many folks I know live out of range of a store, and I comfort them when I can. But I also wax enthusiastic about the place. I was first drawn to it because of reports that COSTCO paid store workers … Continue reading Take THAT, Inflation! (COSTCO Keeps Its Cheapo Hot Dogs. And Pizza.
