Princeton Study: U.S. No Longer An Actual Democracy

November 06 Comments Off on Princeton Study: U.S. No Longer An Actual Democracy Category: Feed, Tumblr

Princeton Study: U.S. No Longer An Actual Democracy:

A new study from Princeton spells bad news for American democracy—namely, that it no longer exists. 

Using data drawn from over 1,800 different policy initiatives from 1981 to 2002, the two conclude that rich, well-connected individuals on the political scene now steer the direction of the country, regardless of or even against the will of the majority of voters.

Geithner’s Problem is Not Taxes, But Does it Matter?

January 09 Comments Off on Geithner’s Problem is Not Taxes, But Does it Matter? Category: The Economy, UPIU

Image via Wikipedia While Timothy Geithner’s tax issues are troubling, the real issue is not what he was doing when he was filing with the IRS, but what he was doing when working for the Fed on Wall Street. Let’s get the obvious issues out of the way first. Geithner’s tax problems are severely troubling. Over […]