Tag: broken-political-system

  • Passing the Buck: Why We Pay More But Make Less Part 9: Death, Taxes, and Everything In Between

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    Part 9 of Passing the Buck, a 15-part series on why we make less but pay more. This installment is about all the other fees: the ones below the line on the bills I have already written about, the surcharges and convenience charges and service fees and resort fees and processing fees that have become…

  • Passing the Buck: Why We Pay More But Make Less Part 8: Insurance

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    Part 8 of Passing the Buck, a 15-part series on why we make less but pay more. On the morning of December 4, 2024, the CEO of UnitedHealthcare, Brian Thompson, was shot and killed on a sidewalk in Midtown Manhattan on his way to his company’s annual investor day. The bullet casings recovered at the…

  • Passing the Buck: Why We Pay More But Make Less Part 7: Phone and Internet

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    Part 7 of Passing the Buck, a 15-part series on why we make less but pay more. This installment is about phone and internet service, which has become the cleanest example in modern American life of what happens when a utility-style market is allowed to deregulate into an oligopoly. It is the most unavoidable monthly…

  • Passing the Buck: Why We Pay More But Make Less Part 6: Food Monopolies

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    Part 6 of Passing the Buck, a 15-part series on why we make less but pay more. This series has been working its way through the categories of household spending where the cost has been quietly shifted away from corporate balance sheets and onto households. Food is one of the larger ones, and one of…

  • BrokeCon by Design Part 22: Media Consolidation and Capitulation – Why You Don’t Know Any Of This

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    On a Sunday night in April 2025, 60 Minutes ended the way it always does, and then it didn’t. The stories had run. The stopwatch had ticked. And instead of the credits, Scott Pelley was still on camera, talking to the audience about the show itself. He said the company that owns CBS was trying…