How long will the public put up with it?

Once plutocrats were lauded for generating wealth that would, we were told, trickle down to benefit the rest of us. Today we blame them for causing the 2008 crash and for selling off our housing stock to overseas speculators. Our idea of what constitutes the good life has shifted, too: most of us now aspire …

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Colt files for bankruptcy

American gun-maker Colt Defense has filed for bankruptcy protection, having “failed to win the support of bondholders for a debt reshaping agreement.” It adds: “Colt plans to try to reduce its $355 million debt burden via a court supervised auction of its business, to generate proceeds to repay some of its lenders.” It appears, according …

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Words from a Benedictine nun

The Benedictines have a long tradition of  independent thought.  In this simple quote, Sister Joan Chittister, O.S.B. sums up the hypocrisy in the ‘pro-life’ movement: “I do not believe that just because you’re opposed to abortion, that that makes you pro-life. In fact, I think in many cases, your morality is deeply lacking if all …

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Thought for the day

“The word retirement is a very harmful word because it tells you that you have no more use left in you. You retire a ship, you have no use for it, you just put it in mothballs. A human being is not something you can mothball”.    (Mohammad Yunus)