The Man Who Invented “Too Big to Fail” Banks Finally Recants. Will Obama or Romney Follow?

Picture of former Citigroup CEO Sandy Weill

OCCUPIED TUCSON CITIZEN? I’m in Alaska, amid moose and bear, trying to steal some time away from the absurdities of American politics and economics. But even at this remote distance I caught wind of Sanford Weill’s proposal on CNBC that big banks be broken up in order to shield taxpayers from the consequences of their …

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Media Consolidation: the Illusion of Choice

Graphic of executive playing puppeteer with a television, newspaper, radio, and camera as the puppets broadcasting information to the (in the graphic literally) little people below

FRUGAL DAD This information and the accompanying graphics come from a larger infographic that can be found at frugaldad.com along with a list of sources.—Ed Media has never been more consolidated. 6 media giants now control a staggering 90% of what we read, watch, or listen to. The Big Six control 70% of your cable. …

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