Contrary to coal industry spin, coal is not the cheapest resource for electricity generation — and it is only becoming more expensive, according to a … Coal has no effect on electricity priceRead more
Economics
Posted inCartoon / Economics / ToMl
How a “stimulus package” works
$100 Cures All On a cold day in the small Saskatchewan town of Pumphandle and the streets are deserted. Times are tough, everybody is in … How a “stimulus package” worksRead more
Posted inEconomics
21 CEOs With $100 Million Golden Parachutes
But people are realizing it. See… Citigroup Shareholders Reject Massive Pay Package for CEO As protesters rallied against income inequality, shareholders of the banking giant … 21 CEOs With $100 Million Golden ParachutesRead more
Posted inEconomics / Oil
54th nation in GDP
Sources: Compiled from the quarterly results of each company, publicly available on the investor pages of each company’s websites. $135 billion Not the 2010 GDP … 54th nation in GDPRead more
Posted inEconomics / Industry / Worker
i for iDiot
Free marketeers and green-minded people tend to converge on a single belief — that electronic goods such as Apple iPhones and iPads are inherently unsustainable. … i for iDiotRead more
Posted inEconomics / USA Empire
0.01%
The bottom 90% of Americans lost $127, the bottom 99% of Americans gained $80, and the top 1% gained $105,637. The bottom 99% is net … 0.01%Read more
Posted inEconomics / USA Empire
Bailout paydays for execs
The Treasury Department approved pay packages worth $5 million or more for 49 executives at a handful of firms that received the biggest taxpayer bailouts … Bailout paydays for execsRead more
Posted inEconomics / ToMl
Move Your Money
In a single month last year, October, an estimated 650,000 people in the United States closed their bank accounts and moved their money to a … Move Your MoneyRead more
Posted inEconomics / ToMl
Getting money from nuclear power industry
Three university professors on a government task force to draw up new nuclear power policy guidelines received substantial cash donations from the nuclear power industry … Getting money from nuclear power industryRead more