Category Archives: Banana republic

UNCOUNTED: The True Story of the California Primary

A new documentary shows that California primary was deeply corrupt, with numerous, um, shortcomings that suppressed Sanders votes.

Puerto Rico ‘Rescue’ Bill to Reinforce Colonial Relationship with US

Not surprisingly. Puerto Rico is about to get a big dose of austerity…..which Latvia-style, will push more people with skills to leave.

Cheat Sheet for the Australian Double Dissolution Election This Weekend

A primer for the Australian elections on Saturday. Enjoy!

Bill Black: The Terrible Cost to Democrats and Our Nation of Ignoring Tom Frank’s Warnings

A high level description of how Democrats and Labor sold out the working class, and how that served a narrow interests at great cost.

UK, EU Talk Past Each Other on Brexit Negotiations

The disconnect between the UK and EU over Brexit basics revealed yesterday was disconcerting.

Patrick Cockburn: How Neoliberalism and Cold War Obsessions Fractured the Middle East

How neoliberalism, the resource curse, and military interventions by Washington and its allies, profoundly destabilized the Middle East.

How Brexit Threatens to Turn the UK Into “Borisland”

How the Tories and UKIP intend to use Brexit to impose permanent austerity and reduce workers’ rights.

Boris “Just Kidding” Johnson Outlines His Rainbows and Unicorns Brexit Plan

Boris Johnson is now the most hated person in the Western world.

Private Equity Expert/Reformer Opposes California Treasurer Chiang’s Now-Phony “Fee Transparency” Bill

A key private equity reformer weighs in against the current version of California Treasurer Chiang’s fatally weakened transparency bill.

Brexit: Fear, Loathing, and Anger on Both Sides of the Channel

Politicians in the UK and the EU are virtually at each other’s throats over Brexit.

MIchael Hudson: The Slow Crash

Michael Hudson discusses some of his favorite themes; debt deflation, the high cost of consumer debt, negative interest rates.

California Treasurer Chiang’s Private Equity Transparency Three Card Monte

California Treasurer John Chiang promised landmark private equity transparency but instead acted as a stooge of the private equity industry and failed to stand up to captured public pension funds.

Michael Hudson: Socrates on Debt and Ibn Khaldun on the Cyclical Rise and Fall of Societies

Socrates described how the use of debt by the elite to strip the lower orders of their property sets up revolutions.

IMF Warns That Inequality, Poverty, Low Productivity Growth, Falling Workforce Participation Will Drag on US Growth

The IMF has become an unlikely reporter of unpleasant realities about the US economy, particularly the costs of inequality and distress. If only its prescriptions were better….