Mammon category archive
In Portland, Maine, Press Herald, Sally Chappell discusses “wealth addiction,” the phenomenon in which persons who have more riches than they can ever use crave more, more, more.
Here’s an excerpt:
The drug addict steals to satisfy his habit and causes great harm to himself, his family and the public; the wealth addict steals, too, but is often able to avoid criminal conviction by blocking effective legislation that would protect the public from the tyranny imposed by a small segment of the population. This has a greater negative effect on society than drug addiction. We are seeing it now in the attempted dismantling of government initiatives developed to serve the common good: Social Security, public education, Medicare and Medicaid, public transportation, national parks, etc., through underfunding or withdrawal of funding and demonization of government.
This is good news.
A former Main Line investment banker known as the “godfather of payday lending” was found guilty of racketeering conspiracy charges Monday by federal jurors, whose verdict cast doubt on the legality of business tactics that have enabled the multibillion-dollar industry for years.
He is only the latest in a series of payday lenders convicted in recent months of racketeering conspiracy, a crime traditionally prosecuted in cases against Mafia loansharking operations.
Take the quiz (and find that Christmas shopping has influenced Thanksgiving much longer than you think).
The Rude One comments on the Republican tax deform bill and its strategy to deny access to higher education.
Thom discusses the Trump’s FCC’s attempt to end net neutrality.