Elite Failure and the Collapse of the EU Project
The backstory of how the EU has come to fall short of its considerable potential.
Read more...Category Archives: Banana republic
Trump Presents the Gravest Threat to Social Security in Its 90-Year History
Cuts to the Social Security Administration are cuts to Social Security. Raise hell with your Congresscritters about this looting
Read more...The GENIUS Act: Setting the Stage for a Federal Bailout When Stablecoins Become Insolvent
Why the GENIUS Act does not live up to its pretenses of making stablecoins safe, thus setting the stage for a Federal bailout.
Read more...Coffee Break: Across the Pond
Our first UK/Europe-focused Coffee Break, which examines Europe’s self-inflected energy cost uncompetitiveness
Read more...DOGE Taketh Away From the Many as Trump Pays Off Crypto Bros With New “Strategic” Fund, Above All, Crypto Czar David Sacks
We warned that crypto was closely aligned with criminal activity. The open grift of the new “strategic” Trump fund proves that case.
Read more...Cuts to U.S. Weather and Climate Research Could Put Public Safety at Risk
Weather and climate research are yet more examples of how the DOGE slash and burn can and probably will do real harm.
Read more...Blackouts Are Becoming the Norm—Can the U.S. Power Grid Be Saved?
The US future of more erratic power supplies comes nearer as officials dither over what to do about a creaky grid.
Read more...“We Must Fund Oppositions Properly to Save Democracy”
The Financial Times’ Martin Wolf, like quite a few others, looks for ways to save democracy from itself, as in rule by voters.
Read more...Tankus and Kelton on Musk’s DOGE Seizing Treasury’s Payments Chokepoint. But Where Are The Lawyers?
What attack surfaces does DOGE present?
Read more...California Blesses Political Donors’ Strategy to ‘Multiply Their Influence’
Venture capitalists and tech execs strengthen control over Democrat-controlled California while they do the same at the national level under Trump’s GOP.
Read more...How Shareholder Activism Became Toxic—and How to Fix It
How shareholder activism, which once helped check self-serving managements, has become the province of hedge fund extortionists.
Read more...Federal Threats Against Local Officials Who Don’t Cooperate with Immigration Orders Could Be Unconstitutional − Justice Antonin Scalia Ruled Against Similar Plans
Trump’s aggressive anti-immigration push is on a collision course with states’ rights to control policing. Which might prevail/
Read more...What France Loses by Closing Its Military Bases in Africa
What happens when a former colonial power like France loses one of the key implements of its control?
Read more...Michael Hudson: Trump’s Balance-of-Payments War on Mexico, and the Whole World
Why US trade and economic threats against Mexico could trigger a financial/currency crisis that may propagate across the Global South
Read more...How Much Will Trump’s Bark Exceed His Bite? Doubts About Whether Disruptive Federal Hiring and Spending Pauses Will Produce Lasting Changes
Trump is adept at using his willingness to be wildly inconsistent to destabilize opponents. But he is unduly fond of using blunt instruments like tariffs that he can impose unilaterally, with insufficient consideration of whether they will work all that well, let alone what bad unintended effects they might generate. What Trump has done so […]
Read more...