Deepening EU Banking Crisis Meets Euro-TARP and Taxpayers
As the banking crisis in Europe intensifies, TARP-like ideas are on the table. How realistic are they?
Read more...Category Archives: Banana republic
Race to the Bottom: Cities and States Spend >$45 Billion Per Year Competing for Jobs
The Wall Street Journal published an important story on how states and communities throw money at companies via tax incentives and other gimmies in a desperate effort to win or hold jobs. These subsidies are a big drain on government budgets: Economic-development tax incentives more than tripled over the past 25 years, offsetting about 30% […]
Read more...The Canadian Establishment and Prime Minister Trudeau Aim at Ousting Foreign Minister Chrystia Freeland
Is Canada’s Foreign Minister Freeland, in a scandal over lying about her Nazi propagandist grandfather, being hung out to dry by the PM?
Read more...Flint Official Escapes Imprisonment, Only Has to Write Apology Letter
The optics around a Flint water plea deal are not good.
Read more...More Railroading of CalPERS Board: General Counsel Withholds That Fiduciary Counsel Candidate Is Leading Case That Undermines CalPERS and CalSTRS
Yet more abuses and derelictions of duty by CalPERS’ general counsel Matt Jacobs. Please circulate this post to CalPERS and CalSTRS members.
Read more...Whose Costs? Who Benefits? – A Close Reading of a Hospital System CEO’s Prescription for Controlling Health Care Costs
A hospital system CEO makes some questionable recommendations about containing health care costs.
Read more...Doubling Down on Dystopia
What dystopian novels and narratives say– and fail to grasp– about the triumph of Trump’s will.
Read more...Campaign Calls on Bernie Sanders to Lead a New Party
With the Democrats getting their claws into reform efforts like Our Revolution, is a Sanders-led party the most viable route for change?
Read more...CalPERS’ General Counsel Railroads Board on Fiduciary Counsel Selection
CalPERS’ general counsel is upping his power grab with the board’s selection of its fiduciary counsel.
Read more...Another Somalian Famine
On lack of intervention and even much reporting on famine in Somalia, the worst in the 21st century.
Read more...Michael Hudson: Retirement? What Social Obligation?
How neoliberals have rewritten the social contract around retirement.
Read more...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.
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