According to an article by Marie Myung-Ok Lee in this month’s Atlantic, her experience working at Goldman Sachs was often described by her friends as like a “frat on steroids.” You can read all the sordid details in this excellent piece, however it is difficult to find this type of behavior surprising from a firm who recently released its new lifetime partner list and only 14% of those getting these coveted promotions were women.
Republican House Speaker John Boehner again expressed his unwillingness to raise taxes and anger his puppeteer Grover Norquist. Conservative lobbyist Norquist is the head of Americans For Tax Reform, which is an organization most famous for the its Taxpayer Protection Pledge which almost all congressional Republicans have signed.
By signing this pledge, Republicans are required to oppose any and all efforts to increase the marginal tax rate on businesses or individuals regardless of need, necessity, or common sense. Should a signee choose to violate this agreement they can no doubt look forward to facing the full fury and financial resources of Grover Norquist’s ATR, ensuring an extremely difficult reelection campaign.