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"The Kochs say school choice is important. I happen to agree. What's wrong with that?"

Cross-posted from Frying Pan News

“Money is the mother’s milk of politics,” Gloria Romero tells me on the phone. “It’s flowing to both sides. Government isn’t about drawing lines. It’s not about saying you’re on that side and you can’t come over.”

Her voice is friendly, somewhat placid, but it’s clear Romero is not thrilled with having to answer questions about her political alliance with the Koch brothers and other wealthy supporters of Proposition 32, and she conspicuously avoids bringing up their names. When pressed about the Kochs and the money behind behind Prop. 32, she falls back upon her experience in Sacramento. (more…)

October 10th, 2012 | Comments (13)

NPR’s “Planet Money” Mired In Adam Davidson’s World of Corruption

Over the years, Davidson has whitewashed the occupation of Iraq, praised sweatshop labor, attacked the idea of regulating Wall Street and argued for “squeezing the middle class”–all while taking undisclosed money from banking interests.

August 7th, 2012 | Comments (26)

Letter From Athens: Inside the Greek Crisis with Anarchists and the Radicalized Ex-Middle-Class

I arrived in Athens only hours after the February 12 anti-austerity riots, the acrid odor of burnt-out banks still lingering downtown. I checked into a familiar haunt, the Hostel Zorbas on Victoria Square. The last time I stayed there, in the summer of 2001, the place still took drachmas and buzzed with backpackers just returned from Piraeus, where the ferries fan out to the pleasure islands of the Aegean. A decade later, those memories felt like the flashback scenes in The Road.

March 14th, 2012 | Comments (85)

Malcolm Gladwell, Paid Booster for Bank of America… A Step Up From His Big Tobacco Shilling?

This just in: Bank of America announced today that it had hired star New Yorker writer Malcolm Gladwell to frontline in its cross-country banking propaganda tour. According to the press release, BofA’s Bankapalooza rolled through Los Angeles, Dallas and D.C.,…

November 16th, 2011 | Comments (6)

Want to Watch 107 Minutes of Wall St. Propaganda? Then Go See “Margin Call”

You may have heard positive things about Margin Call, a new bankster suspense drama loosely based on the 2008 collapse of Lehman Brothers. I just saw the film, and my advice: Don’t waste your time and cash, not unless you want…

November 3rd, 2011 | Comments (40)

eXiled Alert: eXiled Editor Yasha Levine Wins Award From The New York Press Association For His Story On Manhattan’s Billionaire Farmers…

An investigation by eXiled Editor Yasha Levine helped The New York Press snag an award in the 2010 Better Newspaper Contest for “Coverage of Business, Financial & Economic News” by exposing how wealthy Manhattanites, Wall St. traders and the Rockefellers milk taxpayers for billions in farm subsidies and tax breaks.

April 18th, 2011 | Comments (9)

The Koch Brothers: Dark Lords of Derivatives

People don’t seem that interested in talking about Wall Street’s unpunished and ongoing rape of America anymore these days. And that’s too bad. Because Koch Industries has a lot more in common with Wall Street than most people realize.

April 9th, 2011 | Comments (21)

Manhattan’s Welfare  Kings: How Billionaires Turned Farms Into Personal Tax Havens and Petty Cash Machines, Allowing Them to Give Less, While Taking More

This article was first published in the New York Press. Wall Street bankers and retired hedge fund billionaires have been talking about fiscal responsibility and deficit reduction, preparing the masses for austerity measures and cuts in social services—which we are…

June 15th, 2010 | Comments (34)

Banking Porn: The Blowjob Market

One of the things Wall Street does best is confuse people. They are brilliant at it, making simple things seem complex. So today we’re going to go over one of the things they’re trying to make obscure and make them…

March 12th, 2009 | Comments (23)