Help us out by throwing some cash in the bucket:
Click here to read Hightower's personal message about
REAL CHANGE
(not small change)
Help us out by throwing some cash in the bucket:
Click here to read Hightower's personal message about
REAL CHANGE
(not small change)
We're being told by today's High Priests of Conventional Wisdom that everyone and everything in our economic cosmos necessarily revolves around one dazzling star: the corporation. This heavenly institution, the HPCW explain, has such financial and political mass that it is the optimal force for organizing and directing our society's economic affairs, including the terms of employment and production.
Sign up for email alerts, from breaking news to weekly commentary:
Also in this issue:
Find more content in these topics: Corporate greed
Have a gander at the whole store here...
Home | Contact | RSS | Privacy policy | Copyright Public Intelligence, Inc., all rights reserved 1999-2011
Trumping trump
Am I the only one who wants to say to Donald Trump: Please, Donny, please take your orange-dyed, bad comb-over hairdo and your grotesquely inflated ego...and go away! "The Donald" vamps shamelessly as a hardnosed CEO on the "reality" TV show called The Apprentice. He also has a book out called Trump: How To Get Rich.
In both the show and the book, Donny poses as a very rich, successful businessman. He is rich, but he didn't get there himself. Instead, he got rich the oldfashioned way: He inherited a New York City real-estate fortune from his daddy. And as for being a business success, Trump Hotels and Casino Resorts is the only business venture he's launched on his own––and it's about to crash. Only two weeks after signing a new contract with NBC to pose as a business mogul on The Apprentice for another season, his real-life corporation announced a quarterly loss of $49 million. In its decade-long history, Trump Hotels has never been profitable; and it's now some $2 billion in debt, and Trump's own auditors have "substantial doubt" whether it can survive. .
"This has nothing to do with me," whined CEO and board chairman Donny! But investors accuse him of ineffective management, slipshod financial practices, and a lack of competitive business vision. From his own board members and creditors, the CEO is about to hear the trademark phrase he uses on his TV show: "You're fired!" It couldn't happen to a more deserving guy.