plutocracy


David Rosen writes at CounterPunch: Oligarchy is defined as “government by the few” and came into English use around 1570.  The term derives from two Greek words: oligos meaning “few” and arch…



Via Al Jazeera:

Valery Morozov, a successful Russian businessman has been granted political asylum in Britain after exposing an alleged corruption scandal involving officials and police in Russia. Hoping to build a hotel in time for the 2014 Winter Olympics in Sochi, he says he paid about $10.5m in bribes to keep the contract from a competitor with close ties to the government, contributing to an estimated $300bn in bribes paid by Russians every year, according to the anti-corruption organisation Transparency International.


So that’s what’s so magic about Mormon underwear–it’s lined with $10’s and $20’s. I only hope that poor woman accepted it with a pair of boiled iron tongs. From CNN‘s Rachel Streitfeld:…