Posts Tagged ‘wealth’

Foster Friess, a Santorum Supporter With Deep Pockets

Thursday, February 9th, 2012

Few people played a more pivotal role in Rick Santorum’s victories in Minnesota, Missouri and Colorado than Foster Friess, a wealthy donor to conservative causes.

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Foster Friess, a Santorum Supporter With Deep Pockets

The Citizens United catastrophe

Monday, February 6th, 2012

We have seen the world created by the Supreme Court’s Citizens United decision, and it doesn’t work. Oh, yes, it works nicely for the wealthiest and most powerful people in the country, especially if they want to shroud their efforts to influence politics behind shell corporations. It just doesn’t happen to work if you think we are a democracy and not a plutocracy. Read full article > >

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The Citizens United catastrophe

Forget super PACs. A modest proposal for legalizing bribery

Saturday, February 4th, 2012

Who says government can’t get anything right? It was just two years ago that the Supreme Court, in a landmark decision, scraped away decades of barnacled case law obscuring our beloved Constitution and unequivocally established the right of corporations, unions and wealthy individuals to spend as much money as they want to influence the outcome of elections. Read full article > >

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Forget super PACs. A modest proposal for legalizing bribery

Mitt Romney’s No Regular Joe

Friday, February 3rd, 2012

Really shines when surrounded by other wealthy businessmen.

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Mitt Romney’s No Regular Joe

Big City: A Glimpse of Wealth’s Past and Present in Antiques and Museums

Sunday, January 29th, 2012

The autumn of Occupy Wall Street has been followed in New York, however incongruously, by a winter of showcasing wealth’s traditions.

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Big City: A Glimpse of Wealth’s Past and Present in Antiques and Museums

Angry about inequality? Don’t blame the rich.

Thursday, January 26th, 2012

There is no doubt that incomes are unequal in the United States — far more so than in most European nations. This fact is part of the impulse behind the Occupy Wall Street movement , whose members claim to represent the 99 percent of us against the wealthiest 1 percent. It has also sparked a major debate in the Republican presidential race, where former Massachusetts governor Mitt Romney has come under fire for his tax rates and his career as the head of a private-equity firm. Read full article > >

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Angry about inequality? Don’t blame the rich.

Greg Sargent: Obama heaps mockery on Romney’s `envy’ charge

Thursday, January 26th, 2012

At an event in Las Vegas this afternoon, Obama offered his most extensive rebuttal by far to the bogus GOP charge that the push for higher taxes on the wealthy is about “class warfare” and “envy.” The whole thing is worth a watch — the tone was not one of outrage, but one laced with a good deal of mockery and derision: Read full article > >

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Greg Sargent: Obama heaps mockery on Romney’s `envy’ charge

Warren Buffett’s secretary to sit with Michelle Obama during State of the Union

Tuesday, January 24th, 2012

President Obama has called on a special guest to help him make his case for economic fairness during his State of the Union speech Tuesday night: Warren Buffett’s secretary, Debbie Bosanek. Bosanek will be among the guests in first lady Michelle Obama’s box in the House chamber when Obama delivers his third annual report to Congress at 9 p.m. She is the inspiration for the president’s call for wealthier Americans to pay a higher tax rate, known as the “Buffett rule,” which Obama is expected to highlight again in his speech. Read full article > >

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Warren Buffett’s secretary to sit with Michelle Obama during State of the Union

China buys stake in Thames Water

Friday, January 20th, 2012

China Investment Corporation, the sovereign wealth fund, buys an 8.68% stake in the holding company behind Thames Water.

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China buys stake in Thames Water

Romney Riches Are Being Seen as New Hurdle

Thursday, January 19th, 2012

With a fortune estimated to be as large as a quarter of a billion dollars, Mitt Romney is among the wealthiest men ever to run for president.

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Romney Riches Are Being Seen as New Hurdle

Koobface Gang That Spread Worm on Facebook Operates in the Open

Tuesday, January 17th, 2012

The Koobface gang, a Russian-based group, has grown wealthy by apparently spreading a computer worm on Facebook and other social networks and cashing in on various schemes.

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Koobface Gang That Spread Worm on Facebook Operates in the Open

What Do They Do?

Sunday, January 15th, 2012

Explore the occupations and industries of the nation’s wealthiest households.

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What Do They Do?

The 1 Percent Paint a More Nuanced Portrait of the Rich

Sunday, January 15th, 2012

While the 1 percent has become a catch-all to describe the very wealthy, the members of this group are diverse, especially in where they live, what they believe politically and just how rich they are.

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The 1 Percent Paint a More Nuanced Portrait of the Rich

In Washington on New Year’s Eve: Wine meets wealth

Saturday, December 31st, 2011

For more than half a century, legendary local wine salesman Pepi Almodovar has presided over well-heeled Washington’s New Year’s Eves. A bespectacled oracle of oenophilia, he has plied wealthy Washingtonians with celebratory wines since John F. Kennedy occupied the Oval Office. “Fifty-one years — every year the same,” Almodovar said this week while fidgeting with a display at Calvert Woodley Wine & Spirits in Northwest Washington. “Always a rat race, bumping wines.” Read full article > >

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In Washington on New Year’s Eve: Wine meets wealth

For $101,000, the 12 Days of Christmas Are Covered

Friday, December 23rd, 2011

Bestowing the gifts from “The 12 Days of Christmas” would cost 3.5 percent more than in 2010, according to PNC Wealth Management.

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For $101,000, the 12 Days of Christmas Are Covered