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Posted inMagazine

Picking Up the TAB

Watching the performance of politicians and the press, the average man might be tempted to conclude that welfare reform is the issue no one wants to touch. Hasn’t President Nixon abandoned his Family Assistance Plan, brushing off the crocodile tears as Congress refuses to pass it? Hasn’t George McGovern found his $1,000-per-person grant a bigger […]

Posted inMagazine

Tilting at Windmills

Should you still need convincing that Wall Street salaries and bonuses have been excessive, consider this fact supplied by former newspaper reporter and Wall Street executive William D. Cohan in the New York Times: “Compensation has historically consumed half or more of every dollar of revenue generated on Wall Street.” Wall Street tells us its […]