The Importance of Wealth Concentration and Why It is So Difficult to Measure
As bad as available data says wealth concentration is, it is probably even worse.
Read more...Category Archives: Banana republic
Guess What? You Can Pay $600 a Month to be Homeless in San Francisco
Being homeless in San Francisco is not necessarily a bargain.
Read more...Former California Official Blasts CalPERS CEO Anne Stausboll for “Betrayal of Trust”
A former state official shreds the process CalPERS used to hire scandal-ridden Florida attorney Robert Klausner as fiduciary counsel.
Read more...Even Bank Supporters Arguing for Restoration of Glass Steagall
John Dizard, who perhaps by virtue of being one of the Financial Times’ most original and insightful columnists, is relegated to its weekend “Wealth” section, has written a particularly important pair of articles. Note that Dizard’s ambit is not policy wonkery but apt and often cynical observations about behavior and trading patterns in less visible […]
Read more...Connecting American Foreign Policy to Economic Policy
Can American foreign policy be made to work better for US citizens (outside the arms industry) and the rest of the world?
Read more...Ilargi: Greece is a Nation Under Occupation
Apparently, if 15 countries vote to occupy Greece, it’s a done deal.
Read more...Gauis Publius: Bernie Sanders, Hillary Clinton & America’s Endless War
Does America have the wars it seeks and deserves? And what do Sanders and Clinton say about that?
Read more...Global Tax Dodging Just One Part of Pfizer’s Corrupt Business Model
Pfizer whines about needing higher drug prices, when rather than investing, it has spent over 100% of its profits on stock buybacks and dividends.
Read more...Banks to Have Fed Dividends Clipped to Pay to Fill Potholes; JPMorgan, Bank of America the Biggest Losers
Banks suffer a symbolically important loss as Congress plans to whack their dividends from the Fed.
Read more...CalPERS Board, Scandal-Ridden Fiduciary Counsel, Plan to Break California Law in Effort to Silence Board Member for Asking Too Many Questions, Seeking Records
CalPERS’ tainted fiduciary counsel Robert Klausner gives more dubious advice, confirming that he is a danger to CalPERS and ultimately, to CalPERS beneficiaries and California taxpayers.
Read more...Tom Ferguson: Who is Supporting Trump?
Our favorite curmudgeon, political scientist Tom Ferguson, appeared on Real News Network to tease some signal out of the considerable noise on Donald Trump.
Read more...Vulture Capitalists Are the Real Winners of Argentina’s Elections
How Argentina’s former president Kirchner’s loss is vulture fund chief Paul Singer’s big win.
Read more...CalPERS’ Scandal-Ridden Fiduciary Counsel Ducks Jacksonville Subpoena; City Files Suit Alleging Illegal Creation of Gold-Plated Pension Fund
The not-so-savory reputation of CalPERS’ fiduciary counsel, Robert Klausner, took another hit as his criminal attorney ducked a Jacksonville subpoena.
Read more...From G20 to Labour20
Labour20 set forth important goals not just for labor but for the economy and broader society. But does organized labor have the credibility to promote these aims?
Read more...Gaius Publius: Blowback, Money and the Washington War Party
The false premises justifying the operation of the war party.
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