Tuesday September 02, 2014
The business lobby often demands that government get out of the way of private corporations, so that competition can flourish and high-quality services can be efficiently delivered to as many consumers as possible. Yet, in an epic fight over telecommunications policy, the paradigm is now being flipped on its head, with corporate forces demanding the government squelch competition and halt the expansion of those high-quality services. Whether and how federal officials act may ultimately shape the future of America's information economy.
Before my first visit to France, around 45 years ago, I was told that you couldn't find bad food there if you tried. I was of limited experience, so even a hot dog jammed into a baguette bore witness to that "fact."
The bodies and debris that rained from the Ukrainian sky offer a cautionary lesson about the danger of giving heavy weapons to non-state actors. I hope the hawks who wanted President Obama to ship anti-aircraft missiles to the Syrian rebels are paying attention.
It is often said, believed and undoubtedly right that the Republicans' ace in midterm elections is apathetic Democrats not showing up at the polls. But that once predictable waltz into November is threatened by blabbermouths of the right's seeking self-aggrandizement by hurling darts at the sleeping Democratic bear.
"Climate change, once considered an issue for a distant future, has moved firmly into the present," scientists proclaimed in the Obama administration's National Climate Assessment, released in May. It's touching every corner of the U.S., the report claims: We can't escape inland.
Here are five things you need to know about the unexpected costs of climate change:
We may now have a new "most unread best-seller of all time."
When Citigroup accepted what the media hailed as a whopping $7 billion penalty for defrauding its own investors and wrecking our economy, the bank just shrugged.
“We believe that this settlement is in the best interest of our shareholders and allows us to move forward and to focus on the future,” Citi CEO Michael Corbat said.
Note the lack of any regret, apology, or shame. And the total absence of any pledge that the bankers won’t do it again.
Narcissists don’t happen to be particularly nice people. They preen. They grab. And they never ever really feel our pain.
Extremely self-centered people, some fascinating new business school research shows, also don’t make for particularly effective corporate CEOs.