Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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You added a vocabulary term
6 years, 4 months ago

fomenting

When I became aware that you had upbraided Obama for fomenting class warfare, I couldn’t even imagine what set you off. It seemed comical. Here’s a president who brought Wall Street allies into his administration from the get-go.

—p.78 An Open Letter to Leon Cooperman (76) by The Baffler
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You added a vocabulary term
6 years, 4 months ago

legerdemain

There was a frenzy of elaborate and expensive tax-dodging legerdemain on all sides, a symphonic interplay of shell companies and shifted debt

—p.41 Replacement-Level Billionaires (38) by The Baffler
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You added a note
6 years, 4 months ago

public pension funds and private equity

Private equity firms raise their money from a variety of external sources. One of the largest groups of investors is public pension funds, which means that ordinary taxpaying employees contribute to this misery-making project. Stockbridge’s $13 billion worth of funding, for example, comes mostly fr…

—p.32 Misery Makers (28) by The Baffler
You added a note
6 years, 4 months ago

that’s private equity working as intended

Many news outlets have published stories lately describing this destructive force, a force so powerful that it controls the livelihoods of 5.8 million employees. That’s how many people work in the thirty-five thousand companies private equity firms own in the United States. And some of those articl…

—p.30 Misery Makers (28) by The Baffler
You added a vocabulary term
6 years, 4 months ago

bucolic

The website’s images call to mind a bucolic existence, where children play on green grass and dads tend the barbeque and everyone has something to smile about.

—p.29 Misery Makers (28) by The Baffler
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