A Silicon Valley “Race to the Bottom”

A Silicon Valley “Race to the Bottom”

by Don Mayer, June 28, 2023 The antics of Silicon Valley “alpha dogs” have reached a new and disturbing level.  In the public interest, PLBW offers some extraordinary writing by  Lora Kelly of the Atlantic magazine.  By way of preface, your “perfectly...
Promises, Promises: A Pity (and a Pittance?) for East Palestine

Promises, Promises: A Pity (and a Pittance?) for East Palestine

By Don Mayer It’s fairly commonplace for CEOs of U.S. companies to move quickly into crisis management mode after a public relations disaster.  Alan Shaw, CEO of Norfolk Southern, was in just such a mode after the February 2023 train derailment in East Palestine,...
Revolving Doors and Serious Bank Failures

Revolving Doors and Serious Bank Failures

Some myths die hard.  Or, don’t die at all.  One is the myth of the self-regulating market; rational bankers would not (surely not!) take such risks with their own and their depositors’ money that their institutions would be bankrupt (or need a government...
Demolishing the American Dream of Home Ownership

Demolishing the American Dream of Home Ownership

Ever since the financial crash of 2008, rents have risen significantly, and young home buyers have had great difficulty getting an affordable starter home. We all know that millions of homes were lost in the crash, and initially, the media was quick to blame people...
CYA:  Cover Your Assets, Corporations!

CYA: Cover Your Assets, Corporations!

Okay, so you probably already know that “the legal system” is not always a “ justice system.”  A  real justice system would consistently ensure that that people are held accountable for harms they do to others.  That goes for corporations, too. But our...