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How corporate special interests socialize costs: moral hazard

One of the ways corporate special interest propaganda works is by framing reality so there are only two choices: one good, one bad. The most common frame used is capitalism vs. socialism. The right is framed as a bunch of wonderful superhuman capitalists
Daily Kos

How corporate special interests socialize costs: moral hazard

One of the ways corporate special interest propaganda works is by framing reality so there are only two choices: one good, one bad. The most common frame used is capitalism vs. socialism. The right is framed as a bunch of wonderful superhuman capitalists out to make the world better through their endless pursuit of profit over everything else. Meanwhile, the “left” is described as a bunch of horrible Venezuelan socialists destined to bring ruin to all of America with their irresponsibility and laziness. Sadly, all too often we fall for this framing trap and find ourselves in the weak position corporate special interests want us to be in: fighting for something that a majority of people in the United States see as morally wrong. One way to break out of this trap is to fight a different battle, to reframe the world as democracy vs. oligarchy. I’ve written before about how to make a strong argument for democracy as key to a vital economy. Another way to do this is to talk about what it is that corporate special interests and the wealthy in our country really want: To privatize the profits while socializing all the costs and risk.

It makes sense for progressives to go after Trump voters, too

Many in the Democratic Party and in the progressive movement believe it is foolish to go after the Trump voter. The results of the Virginia election cauterized that notion in the minds of many. But here is the reality: 65.3 percent of whites, 59.6 percen
Daily Kos

It makes sense for progressives to go after Trump voters, too

Many in the Democratic Party and in the progressive movement believe it is foolish to go after the Trump voter. The results of the Virginia election cauterized that notion in the minds of many. But here is the reality: 65.3 percent of whites, 59.6 percent of African Americans, 49.3 percent of Asians, and 47.6 percent of Latinos voted in 2016. And America is a majority white country, where the systemic nature of voting rules also gives them the potential for higher voting rates. This will be the reality for the foreseeable future. There is a lot of talk about the browning of America that should drive people of color crazy. Many of these calculations are based on classifying a group of people as Latinos. But Latinos come in various races. By the second generation, a large percentage of them are easily and willfully absorbed into the majority culture. So politicking under the false premise that America is browning to the point of people of color being a majority, thus making our politics more demographically fair, is a pipe dream. We should all know that race is a social construct. Because America continues to use pigmentation to divide and empower a few using the ignorance of the many, one must navigate politics to mitigate said reality. Since power in many instances is race-based, gender-based, or some other-based, we will have identity politics for the foreseeable future. The issue is ensuring that identity politics is carried out on a “moral” basis.

Economics

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Cairn appoints Nitin Banerjee as General Counsel

"Banerjee will be a member of Cairn Business Executive Committee (EXCO) and will help drive the company#39;s vision to contribute to 50 per cent of India#39;s crude oil gas production," Vedanta said in a statement.
Moneycontrol Business News

Cairn appoints Nitin Banerjee as General Counsel

"Banerjee will be a member of Cairn Business Executive Committee (EXCO) and will help drive the company#39;s vision to contribute to 50 per cent of India#39;s crude oil gas production," Vedanta said in a statement.

Support for Nifty seen at 10,120, resistance at 10,450: Prabhudas Lilladher

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
Markets

Support for Nifty seen at 10,120, resistance at 10,450: Prabhudas Lilladher

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher

News Live: Bitcoin soars past $8,000 as technology shift concern vanishes

This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
Moneycontrol Business News

News Live: Bitcoin soars past $8,000 as technology shift concern vanishes

This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.

News Live: Angela Merkel#39;s fourth term in doubt after German coalition talks collapse

This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
Moneycontrol Business News

News Live: Angela Merkel#39;s fourth term in doubt after German coalition talks collapse

This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.

Science

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Jeffrey Tambor quits Amazon’s “Transparent” after being accused of sexual harassment

 Jeffrey Tambor says he will leave Amazon Studios series “Transparent” after being accused of sexual harassment by two women. While Tambor continues to deny the allegations, he told Deadline that he does not want to continue working on “
TechCrunch

Jeffrey Tambor quits Amazon’s “Transparent” after being accused of sexual harassment

 Jeffrey Tambor says he will leave Amazon Studios series “Transparent” after being accused of sexual harassment by two women. While Tambor continues to deny the allegations, he told Deadline that he does not want to continue working on “Transparent,” where he portrays lead character Maura Pfefferman, because of “the politicized atmosphere” on set. Read More

Alibaba invests $2.9B in hypermarket operator Sun Art to continue its offline retail push

 Alibaba is continuing its expansion into offline retail after the Chinese e-commerce giant bought up more than one-third of one of Chinese most prolific operators of hypermarket stores. The firm announced today it has spent HK$22.4 billion (around US$2
TechCrunch

Alibaba invests $2.9B in hypermarket operator Sun Art to continue its offline retail push

 Alibaba is continuing its expansion into offline retail after the Chinese e-commerce giant bought up more than one-third of one of Chinese most prolific operators of hypermarket stores. The firm announced today it has spent HK$22.4 billion (around US$2.88 billion) to acquire of 36.16 percent in Sun Art Retail Group, a Hong Kong-listed business that operates 446 hypermarkets across 224… Read More

Ban on US Import of Elephant Trophies Remains, For Now

On Friday, President Trump tweeted that he was putting the decision to reverse a ban on elephant trophy imports "on hold," pending a review of "all conservation facts."
Live Science

Ban on US Import of Elephant Trophies Remains, For Now

On Friday, President Trump tweeted that he was putting the decision to reverse a ban on elephant trophy imports "on hold," pending a review of "all conservation facts."

Media startup Cheddar launches its TV channel in Europe with Molotov

 Business news network Cheddar has been partnering with social media platforms and OTT services in the U.S. And Cheddar is now looking at international markets. The media company is partnering with French startup Molotov so that French viewers can watch
TechCrunch

Media startup Cheddar launches its TV channel in Europe with Molotov

 Business news network Cheddar has been partnering with social media platforms and OTT services in the U.S. And Cheddar is now looking at international markets. The media company is partnering with French startup Molotov so that French viewers can watch Cheddar from all their devices. Cheddar first launched 18 months ago. Unlike many new media companies, the startup has been focusing on live… Read More

Fintech startup Glint de-cloaks to offer a multi-currency account and card that supports spending gold

 London-based Glint has been pretty stealthy about what it planned to offer, despite several funding rounds and a vague description that it wanted to a create new “global currency” based on gold. Well, today the fintech startup is finally de-
TechCrunch

Fintech startup Glint de-cloaks to offer a multi-currency account and card that supports spending gold

 London-based Glint has been pretty stealthy about what it planned to offer, despite several funding rounds and a vague description that it wanted to a create new “global currency” based on gold. Well, today the fintech startup is finally de-cloaking with a staggered launch of its multi-currency account, app and card that does indeed let you store your money in gold and convert it… Read More

Pact Coffee founder steps down from CEO role as London startup looks to B2B for growth

 Pact Coffee, the U.K. subscription service that delivers freshly roasted “specialty coffee” to your door, has seen a change of leadership as the company plans to focus more on the B2B side of its business. After 5 years running Pact, TechCru
TechCrunch

Pact Coffee founder steps down from CEO role as London startup looks to B2B for growth

 Pact Coffee, the U.K. subscription service that delivers freshly roasted “specialty coffee” to your door, has seen a change of leadership as the company plans to focus more on the B2B side of its business. After 5 years running Pact, TechCrunch understands that founder Stephen Rapoport has stepped down from his role as CEO and instead will act as Chairman going forward.… Read More

Culture

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Ice Alaska scraps 2018 World Ice Art Championships

FAIRBANKS, Alaska (AP) - The board of Ice Alaska has canceled the 2018 World Ice Art Championships, citing the loss of sponsors and the challenges of rebuilding after a 2016 fire that destroyed the main building of the Ice Alaska Ice Park. The Fairbanks Dail
www.washingtontimes.com stories: Travel

Ice Alaska scraps 2018 World Ice Art Championships

FAIRBANKS, Alaska (AP) - The board of Ice Alaska has canceled the 2018 World Ice Art Championships, citing the loss of sponsors and the challenges of rebuilding after a 2016 fire that destroyed the main building of the Ice Alaska Ice Park. The Fairbanks Daily News-Miner reports a news release ...

Massachusetts Russian icon museum gets major donation

CLINTON, Mass. (AP) - The Massachusetts-based Museum of Russian Icons has received the largest donation of its decade-long history. The Clinton museum announced that Edward and Joan Simpson, of Bourne, have donated their collection of 18th and 19th century pi
www.washingtontimes.com stories: Travel

Massachusetts Russian icon museum gets major donation

CLINTON, Mass. (AP) - The Massachusetts-based Museum of Russian Icons has received the largest donation of its decade-long history. The Clinton museum announced that Edward and Joan Simpson, of Bourne, have donated their collection of 18th and 19th century pieces that includes 91 icons and 28 related Russian Orthodox objects, ...

Grand Teton park increases fees to camp, boat, get married

JACKSON, Wyo. (AP) - Grand Teton National Park in northwest Wyoming will increase fees for various permits, including backcountry camping, weddings and non-motorized boats. Park spokesman Andrew White says the fee adjustment is part of an annual review of pro
www.washingtontimes.com stories: Travel

Grand Teton park increases fees to camp, boat, get married

JACKSON, Wyo. (AP) - Grand Teton National Park in northwest Wyoming will increase fees for various permits, including backcountry camping, weddings and non-motorized boats. Park spokesman Andrew White says the fee adjustment is part of an annual review of programs to make sure the park is recovering the cost associated ...

The Edge

Following the coast of the United Arab Emirates, a series that explores the unique structures along the shoreline—and, subsequently, the country’s socioeconomic climate.
LensCulture

The Edge

Following the coast of the United Arab Emirates, a series that explores the unique structures along the shoreline—and, subsequently, the country’s socioeconomic climate.

Delaware provides tax shelter for multimillion-dollar art

WILMINGTON, Del. (AP) - Geneva, Monaco, Luxembourg and ... Delaware? Long a darling of secretive limited liability companies, the First State is building a reputation as a prime location for out-of-state art collectors and investors to park their multimillion
www.washingtontimes.com stories: Travel

Delaware provides tax shelter for multimillion-dollar art

WILMINGTON, Del. (AP) - Geneva, Monaco, Luxembourg and ... Delaware? Long a darling of secretive limited liability companies, the First State is building a reputation as a prime location for out-of-state art collectors and investors to park their multimillion-dollar masterpieces and reap the tax benefits. In the last two years, ...

Pieces of once-mighty NY bridge get new life in rural towns

Steel and concrete panels that were once part of a mighty bridge that carried 50 million vehicles a year across the Hudson River north of New York City will find new life spanning streams along sleepy country roads. With traffic now whizzing across its shiny
www.washingtontimes.com stories: Travel

Pieces of once-mighty NY bridge get new life in rural towns

Steel and concrete panels that were once part of a mighty bridge that carried 50 million vehicles a year across the Hudson River north of New York City will find new life spanning streams along sleepy country roads. With traffic now whizzing across its shiny replacement, the 61-year-old Tappan Zee ...

Sport

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Portland overpowers Oregon Tech 86-59 (Nov 19, 2017)

PORTLAND, Ore. (AP) Josh McSwiggan scored 16 points and grabbed seven rebounds to propel Portland to an 86-59 win over NAIA Oregon Tech on Sunday night.
FOX Sports Digital

Portland overpowers Oregon Tech 86-59 (Nov 19, 2017)

PORTLAND, Ore. (AP) Josh McSwiggan scored 16 points and grabbed seven rebounds to propel Portland to an 86-59 win over NAIA Oregon Tech on Sunday night.

Predators forward Austin Watson suspended for 2 games

NEW YORK (AP) Nashville Predators forward Austin Watson was suspended for two games without pay by the NHL on Sunday for boarding Colorado Avalanche forward Dominic Toninato.
FOX Sports Digital

Predators forward Austin Watson suspended for 2 games

NEW YORK (AP) Nashville Predators forward Austin Watson was suspended for two games without pay by the NHL on Sunday for boarding Colorado Avalanche forward Dominic Toninato.

Bell-Haynes caps comeback, Vermont edges N Kentucky 66-64 (Nov 19, 2017)

NASSAU, Bahamas (AP) Anthony Lamb scored 26 points, Trae Bell-Haynes 19 including the game-winner with three seconds left and Vermont overcame a 17-point gap to hand Northern Kentucky its first loss of the season 66-64 Sunday night in the championship of th
FOX Sports Digital

Bell-Haynes caps comeback, Vermont edges N Kentucky 66-64 (Nov 19, 2017)

NASSAU, Bahamas (AP) Anthony Lamb scored 26 points, Trae Bell-Haynes 19 including the game-winner with three seconds left and Vermont overcame a 17-point gap to hand Northern Kentucky its first loss of the season 66-64 Sunday night in the championship of the Islands of the Bahamas Showcase.

Lundqvist gets 63rd shutout, Rangers beat Senators 3-0

NEW YORK (AP) Henrik Lundqvist stopped 20 shots for his second shutout of the season and 63rd of his career, leading the New York Rangers over the Ottawa Senators 3-0 on Sunday night.
FOX Sports Digital

Lundqvist gets 63rd shutout, Rangers beat Senators 3-0

NEW YORK (AP) Henrik Lundqvist stopped 20 shots for his second shutout of the season and 63rd of his career, leading the New York Rangers over the Ottawa Senators 3-0 on Sunday night.

Drummond scores 20 points, Pistons outlast T-Wolves 100-97 (Nov 19, 2017)

MINNEAPOLIS (AP) Andre Drummond had 20 points and 16 rebounds, Tobias Harris and Avery Bradley added 18 points each and the Detroit Pistons outlasted the Minnesota Timberwolves 100-97 on Sunday night.
FOX Sports Digital

Drummond scores 20 points, Pistons outlast T-Wolves 100-97 (Nov 19, 2017)

MINNEAPOLIS (AP) Andre Drummond had 20 points and 16 rebounds, Tobias Harris and Avery Bradley added 18 points each and the Detroit Pistons outlasted the Minnesota Timberwolves 100-97 on Sunday night.

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