Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
February 17, 2011
Oil Rises as Mideast Tensions Flare
Summary of business headlines: Oil prices rally on new Suez Canal concerns; Fed raises forecasts, but inflation shows up in January; Borders files for bankruptcy; Wall Street ends at new multi-year highs