Word: wrongful
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...government can't fix the crisis. Everything the government's tried for the past two years has been wrong. That's why the crisis continues. The idea that you can solve a problem of too much debt and too much consumption with more debt and more consumption is ludicrous on its face. What they should have done is just let everybody go bankrupt, let the bankruptcy courts reorganize everything. The Japanese tried this approach of propping up zombie banks and zombie companies; it did not work. And it's not going to work in America either...
...have been," says Jeff Chu, a writer who left TIME to work on the Portfolio launch and jumped ship after the first eight months. But more daring editorial choices, like December's cover subject of Dov Charney, the controversial CEO of American Apparel, came across as ill-timed and wrong-footed. "[Newhouse's] best editors in chief all have one thing in common," wrote former staffer Paul Smalera, on the Portfolio-obsessed website Gawker.com, "which is they know how to channel and predict the predilections of their readers and turn at least a couple issues a year into...
...broader reality they encapsulate, first persuaded me to buy only free-range meat, and later to become a strict vegetarian. I’ve never fully accepted any abstract theory of animal rights, nor do I think one needs to in order to sense that something has gone horribly wrong. For me, the horrors of the slaughterhouse and the suffering of the factory farm attest to that...
...Shit happens. Celebrities flake. You end up at the wrong Ivy. Or stuck on Long Island. Understandable...
...Citibank, JP Morgan Chase, Capital One and American Express from raising rates on customers even when cardholders miss payments or their credit rating tanks. "Americans do not deserve to be pushed down the economic ladder by credit card companies," Dodd said as he rolled out the bill, "It's wrong, it's unfair, and it must...