New York Times Nobel winning economist Paul Krugman has a lengthily tweet thread slamming the corporate “slush fund” that Republicans are pushing in the two trillion dollar bail out bill. First, beware analogies with 2008. There are some parallels, but this time the epicenter of crisis is NOT in the financial sector — and the …
Category: Economy
Mar 08 2018
International Women’s Day 2018
On March 8 in 1911, International Women’s Day is launched in Copenhagen, Denmark, by Clara Zetkin, leader of the Women’s Office for the Social Democratic Party in Germany. International Women’s Day (IWD), originally called International Working Women’s Day is marked on the 8th of March every year. It is a major day of global celebration …
Jan 08 2018
On Neoliberalism, Ta-Nehisi Coates and Cornel West
THIS Op-Ed at Truthout should be required reading. When you cut through the who, to the heart of the debate, the actual record of results, good policy is good politics. Too Terrified to Enter an Arena of Ideas? The Debate Over Cornel West’s Critique of Ta-Nehisi Coates Thursday, January 04, 2018 By Ejike Obineme, Truthout …
Nov 06 2017
Economic Development: A Money Hole
Recently Amazon decided to open a second headquarters away from Seattle and started a bidding war among US and Canadian cities. The company is spending over $5 billion dollars on this campaign which also includes a list of demands. So far their have been 238 cities offering a variety of incentives to entice the retail …
Apr 26 2017
Groundhog Day
“Groundhog Day,” one of ek hornbeck’s favorite movies, is about a man caught in a time loop doomed to repeat the same day over and over until he examines his life and changes. Like Bill Murray’s character in the movie the US seems to be unable to move on from the bad tax policies that …
Mar 08 2017
International Women’s Day March 8, 2017
On March 8 in 1911, International Women’s Day is launched in Copenhagen, Denmark, by Clara Zetkin, leader of the Women’s Office for the Social Democratic Party in Germany. International Women’s Day (IWD), originally called International Working Women’s Day is marked on the 8th of March every year. It is a major day of global celebration …
Nov 22 2016
The Insanity Will Continue
The majority who didn’t vote for the psychopathic narcissist are going to have to sit through another round of voodoo economics, also known as trickle down economics. From one of my favorite reality based news sites, The F@#*king News. GOP Readies Sweeping Jobs Plan To Create Millions of New, Angry Trump Voters By Sweeping Away …
Aug 09 2016
From Sheer Lunacy Back To Just Insanity
After a disastrous week the GOP presidential candidate, alleged billionaire, Donald Trump introduced his economic advisors, a veritable who’s who of what’s wrong with the US economy as pointed out by economist RJ Eskow. Trump’s team isn’t just monochromatic and male. At least four, and perhaps as many six, of the men are billionaires. They …
Jul 13 2016
Is That All There Is?
Recognizing that wages in America have been stagnating for years, JP Morgan Chase CEO Jamie Dimon announced that the bank was giving 18,000 of its lowest waged employees a 20% pay raise. Now, that sounds really generous except when you looked at the details and realize just how laughable it is. In a vain glorious …
Jul 01 2016
The Breakfast Club (Random Acts Of Kindness)
Welcome to The Breakfast Club! We’re a disorganized group of rebel lefties who hang out and chat if and when we’re not too hungover we’ve been bailed out we’re not too exhausted from last night’s (CENSORED) the caffeine kicks in. Join us every weekday morning at 9am (ET) and weekend morning at 10:30am (ET) to …
May 30 2016
It’s the the Dismal Science stupid!
Socialism vs. Barbarism: Only Social Democracy Can Defeat the Right-Wing Radicalism of Donald Trump By Conor Lynch / Salon May 26, 2016 About a year after the launch of both Sen. Bernie Sanders’ and Donald Trump’s presidential campaigns, it’s easy to conclude that the anti-establishment backlash of 2016 was somewhat inevitable. The incredulity that many …
Apr 14 2016
Who Needs Panama When We Have Delaware
The recent release of the Panama Papers, the 11.5 million confidential documents exposing the hidden wealth of world leaders, such as Russian President Vladimir Putin and Britain’s Prime Minister David Cameron, has caused little ripple here in the US. Why? Well, who needs Panama when America’s wealthy have Delaware. States like Delaware and Nevada have …