The barker on the midway of the cheap carnival welcomes everyone to play and try to win the prize. Step right up, you too can win! (The prizes aren't really worth much, but if you don't have anything else to do it might be fun to play for a while.) Sooner or later, most people realize that, despite the occasional winner, the rubes continue to lose and the house always … [Read more...] about The House Always Wins (If you’re foolish enough to play)
banking
Two Republicans Who Saw the Danger
Among the many Republican presidents, Abraham Lincoln and Dwight Eisenhower anticipated the current self-reinforcing aggregation of wealth and power to corporations and the already-wealthy. In 1864, in a letter to William F. Elkins, Lincoln wrote: “As a result of the war, corporations have been enthroned and an era of corruption in high places will follow, and the money power … [Read more...] about Two Republicans Who Saw the Danger