TV News LIES

Capitalism shouldn’t be confused with business or anything else that’s good for you.

Simply put, capitalism is the buying and selling of someone else’s business, whether it’s the looting of companies by the Leveraged Buyout Specialists at Bain Capital, or the monopolization of a particular commodity by the likes of Enron. A capitalist by definition does not create, does not produce, and does not contribute to anything but his or her own bottom line.

The grating thing about unannounced or ongoing tests is not so much the surprise factor as never being quite sure what it is, exactly, that's being tested.

That suspicion intersects with another, that almost everything in and about life these days -- pick something, anything at all -- is really just meant as a test of our sanity, of how much we can take, how much craziness we can jam into the ever-closing, finite spaces all around us, and how much lunacy we can tamp down and cram in, into the potentially infinite space between our ears.

India is producing power from solar cells more cheaply than by burning diesel for the first time, spurring billionaire Sunil Mittal and Coca-Cola Co. (KO)’s mango supplier to jettison the fuel in favor of photovoltaic panels.

The cost of solar energy in India declined by 28 percent since December 2010, according to Bloomberg New Energy Finance. The cause was a 51 percent drop in panel prices last year as the world’s 10 largest manufacturers, led by China’s Suntech Power Holdings Co. (STP), doubled output capacity.

The Anti-Counterfeiting Trade Agreement was signed by Obama on October 1 2011, yet is currently the subject of a White House petition demanding Senators be forced to ratify the treaty. The White House has circumvented the necessity to have the treaty confirmed by lawmakers by presenting it an as “executive agreement,” although legal scholars have highlighted the dubious nature of this characterization.

Guatemala is taking steps to hold an ex-dictator accountable for genocide committed against Maya-Ixil Indians in the 1980s, even as the United States continues to honor the American president — Ronald Reagan — who helped make that genocide possible.

A Guatemalan judge orderedEfraín Ríos Montt to appear in court on Thursday in what could be the start of a process for trying the former military dictator on genocide charges for authorizing scorched-earth campaigns against Maya-Ixil villages suspected of sympathizing with leftist guerrillas.

International investors say capitalism is in crisis, with almost one in three backing radical changes to the system, according to a Bloomberg survey.

As the global financial and business elite gather in Davos for their annual forum, a majority in the Bloomberg Global Poll agree that income inequality hurts the economy and that governments need to do something to address it -- ideas at the heart of “Occupy” protests worldwide.

Indiana's Republican-controlled House of Representatives passed right-to-work legislation on Wednesday, sending on to Governor Mitch Daniels a controversial measure that could hit organized labor in the pocketbook.

Once signed into law by Daniels, who gave the Republican response to President Barack Obama's State of the Union speech on Tuesday, the law would make Indiana the first right-to-work state in the country's traditional manufacturing belt.

Israel Police have begun implementing a new method of searching Palestinian vehicles through use of nausea-inducing chemicals at a Bethlehem checkpoint, international aid workers have reported.

Since December, Israeli police officers have introduced what they call a sophisticated method of tracking explosive materials.