Tagged: wall street journal

Blame the Poor

COMMEMORATING THE 50TH ANNIVERSARY of “THE WAR ON POVERTY.” At 25 of the 100 largest U.S. Corporations, at places like Ebay, Boeing, and Verizon, the chief executive earns more than the entire company pays in federal income taxes. These patriotic chaps, who, in their defense, are merely competing in the Financial Olympics according to the...

Villains Masquerading As Heroes

Warren Buffet. Haim Saban. Carlos Slim. Barry Diller. Jack Welch. Meg Whitman. A thousand other achievers lauded in the pages of Fortune and Barron’s and the Wall Street Journal. These superstars of Money Porn are the grand champions of the cruel game we all play, willingly or not. They won; millions more lost. That’s the way the contest goes and whether...

A Subtle Hazard of Reading the Wall Street Journal

As a counterbalance to the reflexively liberal Los Angeles Times, which we read every morning, we also read the reflexively conservative Wall Street Journal on weekdays. The paper is extraordinarily well-written, and its non-news feature articles are better than those in most magazines. The problem with reading the WSJ every morning, though, is that you soon discover the way the...