The ability of the 1 percent to buy politicians and regulators is nothing new in American politics – just as inequality has been a permanent part of our economic system. This is true of virtually all political and economic systems. – Eric Alterman
Much of what Tea Party candidates claimed about the world and the global economy during the 2010 elections would have earned their adherents a well-deserved F in any freshman economics (or earth science) class. – Eric Alterman
As a parent and a citizen, Ill take a Bill Gates (or Warren Buffett) over Steve Jobs every time. If we must have billionaires, better they should ignore Jobss example and instead embrace the morality and wisdom of the great industrialist-philanthropist Andrew Carnegie. – Eric Alterman
To own the dominant, or only, newspaper in a mid-sized American city was, for many decades, a kind of license to print money. In the Internet age, however, no one has figured out how to rescue the newspaper in the United States or abroad. – Eric Alterman