capital http://www.mrc.org/taxonomy/term/8010/all en Liberal Media Embrace ‘Rock Star’ Far-Left Economist Piketty http://www.mrc.org/articles/liberal-media-embrace-rock-star-far-left-economist-piketty <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> French economist’s massive economic text touted as ‘beach read,’ in spite of radical proposals like 80 percent tax on incomes above $500,000. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p dir="ltr">Thomas Piketty is enjoying his moment in the sun. The French economist who has spent his career studying income inequality, recently published “Capital in the Twenty-First Century.” The book rose to the top of the Amazon best-seller list on April 22.</p><div class='signature'><p>— Julia A. Seymour is Assistant Managing Editor for MRC Business at the Media Research Center. <a href="http://www.twitter.com/BizMediaJulia" target="_blank">Follow Julia A. Seymour on Twitter.</a></p></div><p><a href="http://www.mrc.org/articles/liberal-media-embrace-rock-star-far-left-economist-piketty" target="_blank">read more</a></p> Articles MRC Business Art & Entertainment Business Economy Government International Media Taxes 80 percent tax rate alternet capital capitalism cbs french economist global wealth tax high taxes income taxes marxist New York Times radical thomas piketty Vox Washington Post wealth tax Wed, 07 May 2014 11:00:00 +0000 julia.seymour 46180 at http://www.mrc.org Con Jobs the Media Falls For http://www.mrc.org/commentary/con-jobs-media-falls <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/dan-kennedy">Dan Kennedy</a> </div> </div> </div> <p>Saturday, October 1, Fox News and other media outlets reported that 27 states owe the federal government $40-billion they had to borrow to pay the extension after unfunded extension of unemployment benefits the federal government mandated that they pay out of their empty coffers. The states are now in hock to Uncle Sam for billions they have no means of paying, on which they are also accruing millions of dollars of interest by the week, which they also can't pay. This makes the federal government a loan shark forcing some poor bum to borrow a big sum he has no means of paying.</p><p><a href="http://www.mrc.org/commentary/con-jobs-media-falls" target="_blank">read more</a></p> Commentary MRC Business capital Income Mon, 10 Oct 2011 18:52:00 +0000 admin 29957 at http://www.mrc.org The Obama Economy: Cash-out and Cover for Many Businesses http://www.mrc.org/commentary/obama-economy-cash-out-and-cover-many-businesses <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/dan-kennedy">Dan Kennedy</a> </div> </div> </div> <p>“The <st1:street w:st="on"><st1:address w:st="on">Happiest Place</st1:address></st1:street> on Earth” is <i style="mso-bidi-font-style: normal;">not</i>, apparently, the most optimistic place on earth. Last week Disney dumped Miramax for $660-million. A few weeks before, Disney abandoned its own prohibition against residential community development on adjacent-to-parks property in order to convert hundreds of acres into cash.</p><p><a href="http://www.mrc.org/commentary/obama-economy-cash-out-and-cover-many-businesses" target="_blank">read more</a></p> Commentary MRC Business capital disney economy obama Wed, 04 Aug 2010 15:39:08 +0000 admin 29885 at http://www.mrc.org The Flight of the Money - Where Has It Gone? http://www.mrc.org/bailout/flight-money-where-has-it-gone <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/dan-kennedy">Dan Kennedy</a> </div> </div> </div> <p >Two months ago, the “new” General Motors made possible by government bailouts, theft of shareholders’ equity for forced re-distribution to unions, and managerial change at government’s gunpoint, was held up as shining example of success – it was even repaying its debt to Uncle Sam early.</p> <br /> <p >But the week of the Independence Day, GM announced its urgent need to borrow five billion dollars, to use in re-paying debt (ie. paying its VISA bill with a new MasterCard) and as cash reserves to counter anticipated slumping sales.</p><p><a href="http://www.mrc.org/bailout/flight-money-where-has-it-gone" target="_blank">read more</a></p> Bailout Banking businesses capital cash economy GM investment manufacturing privatesector Wed, 14 Jul 2010 18:02:24 +0000 admin 29890 at http://www.mrc.org Government-Sponsored Enron http://www.mrc.org/special-reports/government-sponsored-enron <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/dan-gainor">Dan Gainor</a> </div> </div> </div> <p><a href="http://www.mrc.org/bmi/reports/2005/GovernmentSponsored_Enron_Executive_Summary.html">See Executive Summary</a></p> <br /> <p>It's a familiar story. An enormous company reveals its 'accounting problems.' The problems are found to be far worse than anyone realized. The CEO is forced to resign. Other high-ranking executives follow. The stock price begins to drop. Billions of dollars might be lost. The politically savvy CEO even has direct connections to a presidential administration.</p><p><a href="http://www.mrc.org/special-reports/government-sponsored-enron" target="_blank">read more</a></p> Special Reports MRC Business 2002 2003 2004 2005 202 567 abc abcs absentee absorb accounting administration advantages african american analysis analysts appears article asked attention attorney bail bankrupt banks beating began big billion board bonuses broadcast Brokaw Budget bush business buy calamity call called campaign capital carlson cbs CEO chairman charter chief citizens clinton close CNN collapse committee company companys congress congressional connections contributors corporate correct corrupt coverage created Credit criticized cushion day deal debacle dec Decline didnt director dollar dollars dream drop dropped earnings economic efforts employees energy enjoys enormous Enron enrons enterprise errors evening exchange executive executives experts explained explaining faced failure familiar fannie fannies fastow feb federal fiasco figures financial firms focus franklin freddie front future Gasparino gave generous Giant gorelick government greenspan gregory GSE GSEs guaranteed hasnt havens high Hispanic hits home homebuyer homebuyers homes House housing huge implicit implied including incredible inherently inquiries investigation jamie jan journal Journalists Kerry key landlords larger largest lay lexisnexis Loans lobbying lose loss losses mac made mae maes manage management March market medias million months mortgage mortgages national NBC network networks news nightly numbers obrien oct offered office officer options oversight overstated paid people percent perception period perspective peter pinkston policy political politically portfolio post president print private problems produced public put question raines rainess received regulator report reported reporter response resulted revealed rightly risky Scandal search secondary secretary sector share Shareholders show similar situation spent sponsored stock story street strong subsidy tax taxpayers term things ties Today tom tonight top treasury vacation ventures vice victims volatility wall washington waste week werent white wondered words work workers world worse year years york Sat, 02 Apr 2005 00:54:00 +0000 admin 30552 at http://www.mrc.org CyberAlert -- 09/10/2001 -- Bush "Taking from Granny" http://www.mrc.org/biasalerts/cyberalert-09102001-bush-taking-granny <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/brent-baker">Brent Baker</a> </div> </div> </div> <div> <table border="0" cellspacing="1" width="80%"> <tr> <td width="50%"><a href="http://www.mrc.org/printer/cyberalerts/2001/cyb20010910pf.asp"><img border="0" src="http://www.mrc.org/images/printfriendly.jpg" alt="Printer Friendly Version" align="left" /></a></td> <td width="50%"></td> </tr> </table> </div> <div> <table border="0" cellpadding="5" width="98%"> <tr> <td width="98%" valign="top"> <p>Bush "Taking from Granny"; Stephanopoulos Pushed Daschle to Repeal Tax</p></td></tr></table></div><p><a href="http://www.mrc.org/biasalerts/cyberalert-09102001-bush-taking-granny" target="_blank">read more</a></p> BiasAlerts News Analysis Division border capital daschle Mon, 10 Sep 2001 04:00:00 +0000 32850 at http://www.mrc.org