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'Monopoly' Fanatics Have a Monopoly on Weirdness
By David Moye - AOL NewsAlmost everyone has played Monopoly, but for some people it's a way of life. In fact, some people have gone so far as to have their backs tattooed with a complete Monopoly board, while others have decorated their bathrooms in a Monopoly scheme. Filmmaker Kevin Tostado isn't that obsessed, but he still dreams of being a Monopoly champion and representing the U.S. in the world championships in 2013. Michael J. Maloney Kevin Tostado, the director of "Under the Boardwalk: The Monopoly Story," is such a big Monopoly fan that he sometimes dresses up as Mr. Monopoly, the game's iconic ...
Mary Kay Cosmetics in China: Business Is in the Pink
By Eleanor Clift - Politics DailySHANGHAI -- On a warm and breezy August night here, a small group of reporters visiting from Washington met with the China president of Mary Kay cosmetics over dinner at a rooftop restaurant. Mary Kay is thriving in China, recovering nicely from a bleak time during the late 1990s when the Dallas-based company was shut down by the Chinese government, its network of sales consultants barred from doing business for five months. The venerable and innocent Mary Kay had been swept up in a government crackdown on pyramid schemes that cropped up as capitalism took root in the Chinese economy, many of ...
Americans Work an 'Extra' 9 Weeks a Year
By Paul Wachter - AOL News(Sept. 1) -- Quick, which is the more efficient model for labor organization: European-style socialism or American capitalism? The answer may surprise you, according to Thomas Geoghan, an American labor lawyer and author of the new book "Were You Born on the Wrong Continent? How the European Model Can Help You Get a Life." First, some numbers: American workers are on the job for 1,804 hours a year, compared with 1,436 hours for Germany, Europe's most vibrant economy. That's the "equivalent of nine extra 40-hour workweeks per year," observes Salon contributor Alex Jung, in his conversation ...
Obama Makes Case About Capitalism's Drift
By Joseph Schuman - AOL NewsANALYSIS (April 22) -- It was a policy speech promoting the congressional overhaul of rules that govern banks and finance. It was a political speech arguing for Democrats' economic credentials ahead of midterm elections this fall. But even more, President Barack Obama today made a case that the current financial crisis was caused by an American capitalism that has drifted away from the legitimate aim of mutually helping investors and businesses toward a system that allows a Wall Street elite to grow excessively rich at the expense of most Americans. "A free market was never meant to be a ...
U.S. Chamber of Commerce Relaunches Capitalism (Take That, Obama!)
By David Sessions - Politics DailyThe U.S. Chamber of Commerce launched a highly political nationwide PR campaign intended to relaunch capitalism itself. The Chamber will spend tens of millions of dollars and buy advertising nationwide to persuade the American public that its agenda -- low taxes, open markets, and loose regulation -- are crucial elements of a job recovery. The new television spots, previewed for staff and press at the launch event Wednesday, celebrate small American entrepreneurs and argue that government intervention will not spur permanent job growth. The Chamber says the intensified lobbying effort ...
Rasmussen: Just 53% of Americans Think Capitalism Better than Socialism
By David Knowles - Politics DailySomething of a surprising result from a new Rasmussen poll that asked Americans:Which is a better system - capitalism or socialism?The results? 53% said capitalism is better. 20% said socialism. And 27% said they weren't sure. Now, this is something of a tricky question given that American capitalism is diluted with all sorts of socialist practices--from our tax code, to our education system, to the common defense. Even trickier is agreeing upon what constitutes socialism. Are we using Western Europe's model? Singapore's? China's? They vary pretty wildly, after all. What struck me about these ...
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