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Exclusive Interview with Author Jeff Madrick The Age of Greed
Attorney Blog News |
2011/11/28 09:44
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LISTEN to an Exclusive interview: http://lbishow.com/index.php?option=com_contentamp;view=articleamp;id=361:the-age-of-greedamp;catid=51:americas-best-selling-authors-series nbsp;
Prominent Trial Attorney, Jack Girardi, Ptr Girardi Keese, and Producer Steve Murphy interview award winning Author Jeff Madrick on his new book, Age of Greed, The Triumph of Finance and the Decline of America, 1970-Present .
Jeff has appeared on Charlie Rose, the Lehrer News Hour, Now with Bill Moyers, Frontline, C-Span, Book Notes, CNN, CNBC, CBS, BBC, and NPR.nbsp; He has also served as a policy consultant and speech writer for Sen. Edward M. Kennedy and other U.S. legislatorsJeff is a regular contributor to The New York Review of Books, and a former economics columnist for The New York Times. He is editor of Challenge Magazine, visiting professor of humanities at The Cooper Union, and senior fellow at the Roosevelt Institute and the for Economic Policy Analysis, The New School.nbsp; His last book, The Case for Big Government (Princeton), was named one of two 2009 PEN Galbraith Non-Fiction Award Finalists.nbsp; nbsp;
He is also the author of Taking America (Bantam, 1987), and The End of Affluence (Random House, 1995), both of which were New York Times Notable Books of the Year. Taking America was chosen by Business Week as one of the ten best books of the year. His book,nbsp; Why Economies Grow (Basic Books/Century Foundation, 2002), emphasized the need for active public investment and a broader understanding of the causes of growth than was popular in academia at the time.nbsp; He has written for many other publications over the years,nbsp; including The Post, The Times, Institutional Investor, The Nation, American Prospect, The Globe, Newsday, and the business, op-ed, and the Sunday magazine sections of The New York Times.nbsp; He is a regular blogger for The Huffington Post and The Daily Beast.
The Age of Greed is a fascinating and deeply disturbing tale of hypocrisy, corruption, and insatiable greed. But more than that, it's a much-needed reminder of just how we got into the mess we're in-a reminder that is greatly needed when we are still being told that greed is good.nbsp; As Jeff Madrick makes clear in a narrative at once sweeping, fast-paced, and incisive, the single-minded pursuit of huge personal wealth has been on the rise in the United States since the 1970s, led by a few individuals who have argued that self-interest guides society more effectively than community concerns. These stewards of American capitalism have insisted on the central and essential place of accumulated wealth through the booms, busts, and recessions of the last half century, giving rise to our current woes. Intense economic inequity and instability is the story of our age, and Jeff Madrick tells it with style, clarity, and an unerring command of his subject.
You can contact Jeff Madrick @ http://www.jeffmadrick.com |
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NYC sues roll-your-own cigarette shops over taxes
Attorney Blog News |
2011/11/21 09:32
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There is no place in the U.S. more expensive to smoke than New York City, where the taxes alone will set you back $5.85 per pack. Yet, addicts who visit Island Smokes, a roll-your-own cigarette shop in Chinatown, can walk out with an entire 10-pack carton for under $40, thanks to a yawning tax loophole that officials in several states are now trying to close.
The store is one of a growing number around the country that have come under fire over their use of high-speed cigarette rolling machines that function as miniature factories, and can package loose tobacco and rolling papers into neatly formed cigarettes, sometimes in just a few minutes.
The secret to Island's low prices is simple: Even though patrons leave carrying cartons that look very much like the Marlboros or Newports, the store charges taxes at the rate set for loose tobacco, which is just a fraction of what is charged for a commercially made pack.
Customers select a blend of tobacco leaves, intended to mirror the flavor of their regular brand. Then they feed the tobacco and some paper tubes into the machines, and return to the counter with the finished product to ring up the purchase.
The savings come at every level. Many stores sell customers loose pipe tobacco, which is taxed by the federal government at $2.80 per pound, compared with $25 per pound for tobacco made for cigarettes. The shops don't pay into the cigarette manufacturer trust fund, intended to reimburse government health programs for the cost of treating smoking-related illness. And the packs produced by roll-your-own shops are generally also being sold without local tax stamps, which in New York include a $1.50 city tax and a $4.35 state tax.
New York City's legal department filed a lawsuit against Island Smokes on Nov. 14, arguing that the company's Manhattan store and another on Staten Island are engaging in blatant tax evasion. |
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Court upholds conviction in Pa. murder case
Attorney Blog News |
2011/11/08 09:22
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The Supreme Court used its first opinion of the new term on Tuesday to uphold the murder conviction of a man in a Pennsylvania grocery store shooting.
The high court on Tuesday upheld Eric Greene's conviction in the 1993 shooting death of the owner of a grocery store in North Philadelphia.
Greene had complained that the confessions of some of the men who were with him at the time of the shooting should not have been introduced at his trial since they were not testifying. The introduction of those redacted confessions violated his right to confront his accusers, Greene said.
The 3rd U.S. Circuit Court of Appeals upheld his conviction, despite the fact that the Supreme Court had decided a similar case in 1998 that would have supported Greene's claim.
The Supreme Court, which heard arguments on this case in October, unanimously agreed with the lower court. The 1998 decision in Gray v. Maryland came after the Pennsylvania Supreme Court ruled on Greene's case, noted Justice Antonin Scalia, who wrote the term's first opinion of an argued case. |
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Court to look at life in prison for juveniles
Attorney Blog News |
2011/11/06 12:30
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The Supreme Court on Monday agreed to decide whether juveniles convicted of killing someone may be locked up for life with no chance of parole, a follow-up to last year's ruling barring such sentences for teenagers whose crimes do not include killing.
The justices will examine a pair of cases from the South involving young killers who are serving life sentences for crimes they committed when they were 14.
Both cases were brought by the Equal Justice Initiative in Montgomery, Ala. The institute said that life without parole for children so young is cruel and unusual and violates the Constitution.
The group says roughly six dozen people in 18 states are under life sentences and ineligible for parole for crimes they committed at 13 or 14.
Kuntrell Jackson was sentenced to life in prison in Arkansas after the shooting death of a store clerk during an attempted robbery in 1999. Another boy shot the clerk, but because Jackson was present he was convicted of capital murder and aggravated robbery.
Evan Miller was convicted of capital murder during the course of arson. A neighbor, while doing drugs and drinking with Miller and a 16-year-old boy, attacked Miller. Intoxicated, Miller and his friend beat the man and set fire to his home, killing the 52-year-old man. Miller's friend testified against him, and got life in prison with the possibility of parole. |
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Court mulls trial in absentia for Hariri case
Attorney Blog News |
2011/10/18 10:10
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A panel of judges at a U.N.-backed court investigating the 2005 assassination of former Lebanese Prime Minister Rafik Hariri will consider whether to stage a trial in absentia for four Hezbollah members accused in the slaying.
The suspects were indicted earlier this year, but Hezbollah has refused to arrest them and send them for trial in the Special Tribunal for Lebanon's purpose-built courtroom.
The court said in a statement Monday that a pretrial judge preparing the case has asked trial judges to determine whether proceedings in absentia should be initiated against the four men.
Iranian-backed Shiite militia Hezbollah denies involvement in the Feb. 14, 2005, truck bombing that killed Hariri and 22 others, including the suicide bomber, in Beirut. |
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