the-rich - Sports News, Headlines & Highlights



The Hurricanes' New Owner Got Rich Off Subprime Loans<em></em>
Last Thursday, the Hurricanes officially announced that owner Peter Karmanos had sold a majority stake in the franchise to Thomas Dundon. Dundon bought 61 percent of the team, paid a reported $420 million, and has the option to buy the rest of the franchise in three years. He’s boys with Tony Romo a...

Report: Los Angeles Officially Saddled With 2028 Olympics
According to a report from the Los Angeles Times, the citizens of L.A. will be forced to deal with the 2028 Olympics. Organizers in L.A. had been pushing hard for the 2024 Games and even went as far as saying they wouldn’t accept the “consolation prize” of the 2028 Games if Paris got 2024. Unfortuna...

Hell Is Empty And All the Hedge Fund Managers Are At The Bellagio
Blue blazers. Blue checked shirts. Collar open. No tie. Brown shoes. Black shoes. Or Nike shoes. New, new, all new. Soft leather satchels with bold brass zippers. Good cufflinks. Good watches. Better than you know. Hundred dollar haircuts. Straight razored shaves. Shaped cuticles. Manicured nails. C...

Clippers Owner Acquires Basic Grasp Of Political Economy For $10 Million
Clippers owner Steve Ballmer is one of the richest men in the United States, with an estimated net worth north of $27 billion. He was one of the very first Microsoft employees, and he worked as the company’s CEO for 14 years before stepping down and buying the Clippers in 2014. As an ultra-rich, rec...

This Is All You Need To Know About Paul Ryan's Tax Plan
Boyish scamp and retrograde class warrior Paul Ryan is turning his attention to “tax reform,” a term of art for the process of moving our nation’s wealth into the bank accounts of the very rich. Here is one statistic that tells the entire story. ...

Oh Yeah, This Is The Good Stuff
You want some fuckin class war? This is the shit, right here. ...

Crime Okay
Last week, TMZ reports, unidentified burglars broke into the unoccupied home of singer Alanis Morissette and made off with $2 million worth of jewelry. No one was harmed. ...

Our Benevolent Shadow Government
This week, Mark Zuckerberg’s $45 billion philanthropic foundation announced it is bringing on David Plouffe and Ken Mehlman, two of America’s most prominent political operatives. It is worth reflecting on the vast, vast power being wielded by the unaccountable foundations of the rich. Let’s do it!...

We Need To Tax The Rich But Instead We'll Do The Opposite
Economic inequality in America has been rising steadily since the Reagan era. Why? A new research paper identifies what it say is the main culprit: the fact that we’ve stopped taxing the rich. ...

Here's How You Drain The Swamp
After promising to “drain the swamp,” Donald Trump has assembled a leadership team of billionaires, bankers, hedge fund guys, and the power-mad detritus of the Republican party. Sad! We could still drain that swamp with a couple of easy rules. ...

What Not To Do
“The Left,” to the extent such a thing exists in America, seems extremely energized by Donald Trump’s victory. They/ we are ready to fight back! What’s the plan? How about... more of the same?...

Billionaire CEO Has A Few More Incredibly Patronizing Thoughts Before Election Day
This presidential election could decide the fate of abortion, immigration, race relations, and nuclear proliferation. What our nation needs now is a patronizing letter from an egomaniac corporate CEO. ...