Tale of Two Cities Redux: HK to Ease its COVID-19 Restrictions, While NYC Situation Remains Dire
Hong Kong’s public health authorities protect its population from COVID-19, via use of masks; NYC, by contrast, flounders.
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Pandemic Profiteering: How the Military Goes to the Head of the Covid-19 Bailout Line
How the coronavirus has helped the US military up its grifting game.
Read more...Unemployment Effects of Stay-at-Home Orders
Why ending the lockdowns won’t do all that much to lower unemployment.
Read more...Finance Capitalism vs Industrial Capitalism: How Financial Parasites and Debt Bondage Are Destroying Us
Another Michael Hudson star turn on debt dynamics, this time focusing on the coronavirus bailouts are shoring up rentiers.
Read more...Covid-19, The Coming Developing Country Debt Crisis and The Argentina Debt Reduction Proposal
Even the IMF backs the new debt put forward by Argentina. Could it be a model for Covid-shocked emerging economies?
Read more...‘No Consequences for Negligence That Kills’: McConnell Wants Corporate Immunity From Covid-19 Lawsuits
Not content with pursuing pro-business judicial nominations alone, Mitch McConnell seeks to circumscribe corporate COVID-19 legal liability.
Read more...Public Health and Private Profits Under COVID-19 Pandemic
More discussion of how the private sector is undermining responses to Covid-19.
Read more...In a Slap in the Face to Progressives, Biden Appoints Larry Summers, a “Literal Architect of Neoliberalism,” to Economic Advisory Role
If you need proof that Biden doesn’t give a damn about oridinary people, his bringing Larry Summers in from political exile should convince you.
Read more...CalPERS Out of Control: Stunningly High Number of Personal Trading Violations, Yet Board Ignored the Misconduct
CalPERS yet again manages to exceed expectations in a bad way.
Read more...‘No Warming, No War’: Report Details How US Militarism and Climate Crisis Are Deeply Interwoven
“In the face of both COVID-19 and the climate crisis, we urgently need to shift from a culture of war to a culture of care.”
Read more...Senate to Focus on Judicial Confirmations Once Chamber Returns in May
Senate Majority leader Mitch McConnell pledges in Tuesday radio interview to focus on securing judicial confirmations once the chamber returns to session in May.
Read more...Inequality and the Coronavirus: Destroying American Society From the Top Down
Coronavirus is exposing the severity of inequality in the US, particulary limited access to health care and the health costs of poverty.
Read more...Trump Tweet: Will Issue Executive Order Temporarily Suspending All Immigration into the United States
Last night Trump tweeted his intention to issue an executive order temporarily suspending all legal immigration into the United States.
Read more...Hissy Fit by CalPERS Board: Falsely Blames Margaret Brown for Staff Leaks of CIO Meng’s $1 Billion Giveup, Public Opposition to Staff Coup
Sports fans, it seems hard to believe, but the CalPERS board has sunk to a new low with an extended display of incompetence and pique.
Read more...‘Incrementalism Is Not Helpful in This Moment’: Ocasio-Cortez Rejects Settling for Crumbs in Next Covid-19 Stimulus
Alexandria Ocasio-Cortez says the U.S. cannot afford another incremental stmulus bill that shovels massive bailouts to big businesses alone.
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