A hundred years ago, business tycoon Samuel Insull consolidated smaller utility companies to form the behemoth (albeit public charity-sounding) Commonwealth Edison. Because of the infrastructure needed to provide energy to an increasingly power-hunger public, Insull and others argued that Commonwealth Edison was a natural monopoly; inherently one company had to dominate the market. This battle cry enabled a mere 10 utility systems to control three-quarters of the nation's electricity business by the time FDR was in the White House, subjecting consumers to higher rates with absolutely no competition save candles.
What compromises must we make when it comes to our security on the one hand, and our privacy on the other? Personally, I'm far less concerned about being tracked by the National Security Agency than I am about being monitored by, say, Google.
Clearly, it MUST have been a video produced by America's enemies, a vicious piece of propaganda that was so outlandish it would have brought laughs 10 years ago. No one except indoctrinated citizens of communist countries would ever believe it.
In the week following Halloween, Jimmy Kimmel's stunt involving kids and their candy climbed to over 20 million views on YouTube. But public fascination with the gag doesn't change the fact that it is cruel and sadistic. It underscores the worst elements of mass media and social media, and the incendiary possibilities of combining the two.
Here we go again. Pointing to a conservative study, Gov. Rick Perry proclaimed, "The discussion's over. The debate's over. The proof is in. Texas wins." And who did we beat? California, of course. It's enough to make you wonder if little Ricky got enough love growing up on the dirt farm. Someone get this kid a 4-H ribbon so the grownups can talk, because we've got some work to do.
Ahh. Thanksgiving. Best Holiday Ever! Love it all. The fact that a national holiday falls not on a Monday but a Thursday. How wacky is that? A regular Thursday in dead-solid center fall. Where the weather could be 80 and sunny, or 20 and snowing. Or, in certain parts of the Midwest, both.
Since June when the Senate passed the Border Security, Economic Opportunity and Immigration Modernization bill, tens of thousands of stories and broadcasts have been devoted to comprehensive immigration reform. Yet only a handful have outlined the bill's most crucial feature, namely that it will in most cases give immediate legal status and therefore work authorization to between 11-20 million illegal immigrants. On top of that, 20 million more overseas workers will be issued non-immigrant work visas that will allow them to compete with Americans for increasingly scarce jobs.
We all know that the 2016 campaign will cost way more money than ever before - $10 billion is the latest head-spinning estimate - and that the reform laws aimed at curbing fat-cat clout have virtually collapsed. But still, it was shocking last week when the nation's top watchdog said that she's powerless to police the new Wild West.