Word: industryã
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...style to be cloying and contrived, he is, for better or for worse, one of the more important and accessible chroniclers of violence and morality in contemporary literature. “Eating Animals” is the first high-profile work to directly address the question of the meat industry??s ethical, ecological and economical sustainability in America...
Despite his rebellious tone, this disembodied voice represents the radio industry??s best attempt to stay in business. In the face of iPod proliferation, YouTube listening, and online radio streaming, the traditional dial is in the midst of a crisis. Americans have turned away from FM and AM, and they don’t seem to be turning back any time soon. Desperate, stations have tried to innovate. The BBC reported over two years ago: “In an attempt to woo listeners, a number of them are broadening their playlists, putting all the tunes on shuffle...
...This past Sunday, The New York Times reported on one of the financial industry??s newest tactics—to securitize not mortgages, but bought-out life insurance policies. Wall Street firms buy policies from holders, continuing to pay monthly premiums until the original policyholder dies and the firm collects the life insurance money. The way in which these policies are bundled and sold as derivatives is suspiciously reminiscent of the way mortgage-backed securities were sold to investors. Upping the ante even more is a whole new set of ethical implications that comes with buying and selling...
...something can be securitized does not mean that Wall Street ought to underwrite it. Financial engineering must be constructive and bear value not just to financial firms, but also to the inherent goals of the world of finance—providing credit and financing to firms and households. The industry??s latest ideas seem more like “Modest Proposals” than serious pitches, more tongue-in-cheek ways to expose the industry??s greed than earnest ideas to provide financial services. The future will certainly be grim if, in the drive to resurrect...
...much can be written about this defining moment in American politics, and so much has been, from the increasingly complacent mainstream media to the insurance industry??s frenzied advertising and lobbying against reform. But from the perspective of a young progressive and Obama campaigner, my advice to Obama is this: Don’t bend over backward compromising with people who want as little change as possible. Doing so will not only water down meaningful health-care reform, but it will also prove that there is no “meaningful” change in politics. The power...