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Category: Economy

Zinc Into Gold

by Donald L. Barlett and James B. Steele | Nov 1, 2012 | Economy, Politics

As CEO of the Salt Lake Organizing Committee in 1999, Mitt Romney promised a cheaper, “zinc plated” Olympics. Yet the 2002 Winter Games received twice the federal funding as the 1996 Summer Games in Atlanta, according to a GAO audit requested by Rep. John Dingell (D-MI) and Sen. John McCain (R-AZ): “[A]bout $75 million was […]

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Cashing In on the Olympics

by Wayne Barrett | Nov 1, 2012 | Economy, Politics

Event concession holders and colleagues who cashed in on the 2002 Salt Lake City Olympics are repaying former Olympics CEO Mitt Romney. Fraser Bullock—the Bain Capital colleague Romney hired as the Salt Lake Organizing Committee’s (SLOC) chief operating officer—and his family have provided Romney $210,275 in political contributions. Bullock also “bundled” an additional $568,897 from […]

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Why Is Romney Still in the Race?

by WS Editors | Oct 1, 2012 | Economy, Politics

One month before the election, most polls have the president leading by a narrow popular-vote margin, which the Romney campaign seems incapable of closing. And Obama’s lead in high-population states provides an advantage over a challenger whose support lies in the South, Midwest, and inland West, where lower population is equated with lower electoral votes. […]

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Unwinnable War

by Chase Madar | Oct 1, 2012 | Books, Economy

Reviewed: Useful Enemies: When Waging Wars Is More Important Than Winning Them by David Keen (Yale University Press, 312 pp., $38). Heraclitus said that war is the father of all things, and though the great Greek’s utterances are  wisdom for the ages, this one-liner is way past its sell-by date. Sure, war is undeniably the big daddy of bigger military […]

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In response to “Newt Gingrich and Our Dysfunctional Congress” (December 15, 2011 issue)

by WS Editors | Sep 18, 2012 | Economy, Politics

Dear Editor, Newt Gingrich’s explanation of his role as “historian” for Freddie Mac and not a lobbyist reminds me of a legendary story from Olde Chicago. The city’s half-hearted crackdown on prostitution became such a threadbare charade that the streetwalkers would send their maids to make bench appearances for them and pay their fines. One […]

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