Michael Hudson: Retirement? What Social Obligation?
How neoliberals have rewritten the social contract around retirement.
Read more...Category Archives: Banana republic
Gaius Publius: Explosive WikiLeaks Release Exposes Massive, Aggressive CIA Cyber Spying, Hacking Capability
A look at some implications of the Wikileaks Vault 7 release of CIA documents.
Read more...The OECD Penalizes Developing Countries for Trying to Tackle Tax Avoidance
How the OECD stacks the deck in favor of tax-dodging multinationals.
Read more...Empire in Decay as Trump Spying Allegations Fly
Astonishingly, Lawrence Wilkerson, Colin Powell’s former chief of staff, is willing to say that the CIA may have arranged for spying on Trump.
Read more...America’s Hidden Water Affordability Crisis
Why water is a stealth crisis in places like Seattle and Atlanta and will become an economic and social problem for more cities soon.
Read more...Vanity Fair Acts as Democratic Party Enforcer Against Greenwald, NC, Others; Train Wreck Ensues
James Wolcott had a hissy fit in Vanity Fair last week against parties he deems not sufficiently fixated on toppling Trump, including NC.
Read more...Dismantling Public Education: Turning Ideology into Gold
Following the money behind the campaign against public education.
Read more...Bank of International Settlements Paper Confirms That High Levels of Household Debt Hurt Growth
We’ve written from time to time that not all debt is created equal. Prudent business borrowing enables companies to make investments and expand operations. And even though governments like the US that issue their own currency may nevertheless sell bonds, operationally they can simply create more dough to fund spending. The constraint on spending is […]
Read more...New York Times Gets Budget Story About Looming Trump-Ryan Clash Almost Completely Wrong
Not only does the Grey Lady misrepresent Trump’s and Ryan’s motivations, but they muff budget basics too.
Read more...Free Trade vs Protectionism: Weapon of Mass Distraction
A historical take on the push and pull over “free trade”.
Read more...Gaius Pubilus: Obama and the Perez Election — Are the Democrats Trying to Fail?
After presiding over huge losses at all levels of government by the Democrats, Obama is determined to keep his dead hand on the party.
Read more...Col. Wilkerson: Trump’s Proposed $54 Billion Increase in the Military Budget Not for National Security
Colin Powell’s former chief of staff Lawrence Wilkerson is Not Happy about Trump’s planned $54 billion gift to the military.
Read more...Bill Black: The 2016 Nobel Prizes in Economics Go to Defenders of Criminogenic Policies
Yet another dubious Swedish central bank fake Nobel Prize award…
Read more...Wolf Richter: How Much Money Laundering is Going On in the Housing Market? A Lot
Treasury is starting to get serious about money laundering in high end residential real estate.
Read more...TaxCast: Financial Transaction Taxes, Trump Hearts Kleptocrats
The current Taxcast tours financial transaction taxes, the Swiss referendum, and dark money.
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