lehman brothers

Debra Dean Murphy 10-10-2011


In our own time the "jobs" rhetoric from both the right and the left ignores the power grabs and power differentials that led to the hemorrhaging of American jobs in the first place. The simple truth is that multinational corporations could make more money for their shareholders by outsourcing jobs to third-world countries so that is what they did.

This was not a moral dilemma for CEOs; it was a "sound business decision." And the gospel according to free-market capitalism (the USA's true religion) preaches that what is good for American business is good for America.

Three distinctive views about people of religious faith became apparent at this summer's Asp
Ernesto Tinajero 4-30-2010
The defenses that Goldman Sachs execs gave to this week's Senate hearings for their actions were full of emotion and denial. They claimed shock that anyone could question their actions.