Category Archives: Banana republic

Trump Admin’s Latest Rail Safety Rollback Sets up Industry to Make Its Own Rules

Trump administration continues to follow the self-regulation gospel – this time in the area of rail safety. This case study in corporate capture of American regulation is yet another area where the accidents are just waiting to happen.

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Public-Private Partnerships Fad Fails

After the failure and abuses of privatization became apparent, public-private partnerships have since been promoted to mobilize private finance for the public purpose. PPPs have socialized costs and losses while ensuring private financial gains.

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Bill Black: Ocasio-Cortez & Sanders Introduce Bill to Cap Credit Card Interest Rates at 15%

Ocasio-Cortez and Sanders introduce legislation: they call it Loan Shark Prevention, which would allow post offices to act as banks and cap interest rates at 15%, but credit card companies claim it would hurt the poor.

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The Lost Ones: The Opportunities and Outcomes of White, Non-College-Educated Americans Born In The 1960s

This column shows that white, less-educated Americans born in the 1960s are worse off than the generation born 20 years previously, based on wage changes, increased medical costs, and shorter life expectancy. This disparity could be worth as much as $132,000.

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