Can the Intra-Party Rift Be Healed, At Least For Now? Or Must the Fight Be Fought in 2020?
Is the Democratic Party redeemable?
Read more...Category Archives: Banana republic
RJ Eskow: 7 Rules for the Boeing Bailout
As the world struggles with the pandemic, Boeing should be seen as the vector for a parallel epidemic. It’s Patient Zero in an epidemic of corporate failure. As we change the way we live our lives, corporations like Boeing should change the way they are run. Corporate mismanagement made this crisis worse and, if it doesn’t change, will make the recovery more difficult.
Read more...Michael Hudson: A Brady Bond Solution for America’s Unpayable Corporate Debt
Another sign that America has gone banana republic: Brady Bonds, used in the Latin American debt crisis, would be suitable medicine for our corporate debt hangover.
Read more...How Far Will Trump Go To Save U.S. Shale
The U.S. shale oil industry had considerable problems before Saudi Arabia and Russia launched their oil price war. What comes next?
Read more...‘This Is a Massive Scandal’: Trump FDA Grants Drug Company Exclusive Claim on Promising Coronavirus Drug
Granting “orphan” drug status to Gilead Sciences for remdesivir, its potential coronavirus treatment, is a massive boon to the company.
Read more...Rule Number 1 for Government Bailouts of Companies: Make Sure Voters and Taxpayers Share in the Upside
If the public is to be asked to give bailouts to businesses, it should get something back for its money. It needs to share in any upside.
Read more...Sanders Calls for ‘Unprecedented Legislative Response’ to Coronavirus Crisis—Not Corporate Bailouts
Republicans have tabled a corporate bailout plan to calm markets. Can Bernie Sanders and others redirect the stimulus to reflate the economy?
Read more...Bailout Shenanigans: Making 2008 Look Good?
The bailout bill looks shameless, even by Trump Administration standards.
Read more...Why the Coronavirus Pandemic Could Weaken the School Privatization Agenda
Coronavirus-generated suspensions of testing throws a monkey wrench into the charter school agenda.
Read more...IMF Refuses Aid to Venezuela in the Midst of the Coronavirus Crisis
The IMF dons its enforcement brass knuckles.
Read more...Closing Polling Places Is the 21st Century’s Version of a Poll Tax
Voter disenfranchisement via shuttering polling sites.
Read more...Coronavirus Means Zero Hour for the European Union
Germany’s long-standing practice of muscling the European Union to serve its own ends now risks dissolution and a banking system crisis.
Read more...Brexit: The ‘Australian Option’?
Boris Johnson fancies that the UK’s future lies with the US. Good luck with that.
Read more...Coronavirus Testing Shortages Force Extreme Shift In Strategy By Local Health Officials
Yves here. The admission that the US, even if it had coronavirus test results, lacked the institutional capacity to do contact tracing, is a stunner. Gee, we supposedly live in a world of AI and big data, but our Silicon Valley gearheads can’t come close to what China has done? But we can find the […]
Read more...Who’s Responsible? How the “Independent Contractor” Dodge Guts Employment Protections
On establishing legal responsibility for employment in the fissured workplace.
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