Car Industry Woes Intensify as US Consumers Refuse to Eat the Dog Food, China Suffers from Overcapacity
The car industry is in a world of hurt, and that has significant economic and societal implications.
Read more...Category Archives: The destruction of the middle class
MAGA Antitrust Is Officially Dead: DOJ Sanctions Price Fixing With Slap on the Wrist Settlement Against Rental Housing Collusion Kingpin RealPage
Private-equity-owned RealPage can still lead national rental housing cartel as it moves to access renters’ financial data and embraces AI decision-making. The company is also suing New York state for violating its speech by attempting to stop its illegal behavior.
Read more...Protestor Confrontation with ICE in New York City Appears to Have Stymied Raid; Is There Any Hope for ICE Opposition?
As ICE protests continue, are they succeeding in throwing sand in the gears of the deportation machine?
Read more...US “R” Us or Tax Sovereignty?
Countries can either capitulate to President Trump’s tax bullying or come together to fight for the sovereign right to tax multinationals fairly.
Read more...The UK Is Cursed: How Finance Destroyed Our Economy
More discussion of how the UK’s post World War II decline was a choice, due in large measure to the embrace of finance and neoliberalism.
Read more...Quelle Surprise! Companies With Market Power Drive Inflation
Corporate concentration does not just make inflation worse. A new study finds it plays a lead role.
Read more...Will MTG’s Resignation Trigger Other Republican Exits, Ending House Majority Before Midterms?
Rumor has it that some Republican House members are as fed up as MTG was and are also considering resigning.
Read more...Nation’s Largest Landlord Is Encouraged to Break the Law With Measly Fine for Price Fixing Scheme That Kept Rents Artificially High and Worsened Homelessness Crisis
Greystar is penalized 0.002 percent of the $300 billion worth of real estate it manages, and must stop using collusion software—maybe.
Read more...Colorado Is Pumping the Brakes on First-Of-Its-Kind AI Regulation to Find a Practical Path Forward
AI: too big to be regulated?
Read more...Why Did Britain Stop Making?
And now how exactly does it plan to ready for war?
Read more...‘The Main Course Is Inflation’: Thanksgiving Costs Surge Under Trump
A much needed, detailed debunking of Trump’s claim that Thanksgiving meal costs, and by implicaiton inflation, are declining.
Read more...Sanders Denounces Trump-GOP Healthcare Proposal as ‘Absurd’—and Deadly
How Trump’s new healthcare gimmick would lead to more medical bankruptcies, more unaffordable care, and more Americans dying unnecessarily.
Read more...Economic Questions: The Stephanie Kelton Question
An overview of Stephanie Kelton’s The Deficit Myth explains the core findings of MMT. and how debt hysteria serves the rich, not the public.
Read more...Losing Money Every Month: Growing Finance Crisis Threatens Affordable Housing, Challenges Mamdani
Landlords of affordable apartments say the numbers increasingly don’t add up — and a rent freeze will work against tenants.
Read more...The Making of the MAGA Right
As the old baseball saying goes, sometimes “You can’t tell the players without a scorecard.” This became especially true since Curt Flood opened the floodgates to free agency more than fifty years ago when he refused to be treated as disposable property by the owner of the St. Louis Cardinals, one August A. Busch, Jr. […]
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