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Thanks to a deal finalized in 2008, Chicago’s parking meters will be operated for the next 75 years by a group of investors put together by Morgan Stanley, including the sovereign wealth fund of Abu Dhabi.

Thomas Frank

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Thomas Frank
Age: 59
Born: 1965
Born: March 21
Historian
Journalist
Kansas City
Missouri
Thomas Carr Frank
Deals
Investors
Wealth
Fund
Meters
Next
Chicago
Morgan
Together
Thanks
Operated
Years
Group
Stanley
Including
Meter
Groups
Parking
Deal
Sovereign

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In the last James Bond movie, the villain was a culture captain, a tycoon of culture, a Murdoch figure. It's not as if people don't know what is going on.
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Conservatives may believe that impoverished borrowers destroyed Wall Street. But we liberals will not fool ourselves that stupid bankers sank conservatism for good.
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People getting their fundamental interests wrong is what American political life is all about.
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When done right - or wrong, depending on how you look at it - deficits remove liberal options from the table. Suddenly there's no money for building bridges or inspecting meat. Not surprisingly, running up a deficit is a strategy favored by the wrecking crew for its liberal-killing properties.
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It is always a disappointment to turn from forthright consideration of some subject - whether from the Left or the Right, a poet or a plumber - to the Beltway version, in which the only aspects of the issue that matter are the effects it will have on the fortunes of the two parties and the various men in power.
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I was in a bad mood when I wrote that.
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As you watch the world crumble, try taking your Armageddon with this sprinkling of irony: Over the last three decades, business has got virtually everything it wanted, and its doomsday scenario from the 1970s has come true because of it.
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These days, of course, the focus of talk about popular liberation through products is mostly associated with the Internet. I've been collecting computer ads and ads dealing with Internet industries.
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Surrogate motherhood has been the subject of much philosophical and political dispute over the years.
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We have become a society that can't self-correct, that can't address its obvious problems, that can't pull out of its nosedive. And so to our list of disasters let us add this fourth entry: we have entered an age of folly that - for all our Facebooking and the twittling tweedle-dee-tweets of the twitterati - we can't wake up from.
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This aesthetic quality, then, is what politics is all about. It's authenticity that separates winners from losers, good politics from bad, and he-man leader-types from consultant-directed puppet-boys.
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Conservatism is not a doctrine of contentment. Not a doctrine for the satisfied and the smug. It's a politics that's at war with the world.
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When money is exchanged for pregnancy, some believe, surrogacy comes close to organ-selling, or even baby-selling.
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Acknowledging class was always difficult for 'New Democrats' - it was second-wave, it was divisive - but 2008 made retro politics cool again.
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For-profit higher education is today a booming industry, feeding on the student loans handed out to the desperate.
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People are born in a certain place, and in a certain society. I don't mean to sound like a determinist, but to think we're entirely free to do whatever we want betrays a certain class perspective. For most people who have to work for a living, and work at jobs under conditions they may not like, it's just not simple when it comes to freedom.
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Public borrowing is costly these days, true, but interest rates on municipal bonds are still considerably lower than those borne by corporate debt.
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Apparently, there is no bad economic turn a conservative cannot do unto his buddy in the working class, as long as cultural solidarity has been cemented over a beer.
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If your purpose is to understand the clique of people who dominate Washington today, the emails that really matter are the ones being slowly released by WikiLeaks from the hacked account of Hillary Clinton's campaign chair John Podesta.
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The great fear that hung over the business community in the 1970s was death by regulation, and the great goal of the conservative movement, as it rose to triumph in the 1980s, was to remove that threat - to keep OSHA, the EPA, and the FTC from choking off entrepreneurship with their infernal meddling in the marketplace.
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