Gauis Publius: Making the US a Petro-State – White House Keeps Alive GOP Hopes for Lifting the Oil Export Ban
Why lifting the oil export ban is “appeasement” of Big Oil and needs to be stopped.
Read more...Category Archives: Doomsday scenarios
Timothy Geithner Corrupting Youth, Um, Telling His Version of the Crisis
In case living through the crisis and its aftermath wasn’t bad enough, you can hear Timothy Geithner’s version of events…at your expense.
Read more...Michael Hudson: The IMF Changes Its Rules….for Ukraine
The IMF has now been drawn into the U.S. Cold War orbit.
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...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...Wolf Richter: “Distress” in US Corporate Debt Spikes to 2009 Level
Experts expected bankruptcies of highly levered borrowers in 2013-2014, but cheap refis under ZIRP bailed them out. We are again at peak leverage, but this time, there’s no prospect of lower rates to provide a rescue.
Read more...Gaius Publius: How to Think About the Paris Climate Talks
The Paris climate talks are destined to be too little, too late, and here is a framework for understanding why.
Read more...America to Working Class Whites: Drop Dead!
On the fallen status of lower-class whites, and the poor prospects for many of their betters.
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...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...Mathew D. Rose: The Ordeal of Angela Merkel
A chronicle of Angela Merkel’s rise and a catalogue of recent political mistakes which are putting her chancellorship at risk.
Read more...Turkey’s Shootdown of Russian Jet: What You Need to Know
Turkey takes a great big swing at Assad via Russia…and what might the fallout be?
Read more...The Disaster of Greek Austerity – What Next?
More on the ground readings on the impact of austerity in Greece.
Read more...On the Lack of Courage in Regulators
Robert Jenkins, a former banker, hedge fund manager, and regulator, points out that regulatory reform has fallen short on multiple fronts, and perhaps the most important is courage.
Read more...John Helmer: The Barbarians at the Gate of Civilization, but Which Empire is Falling?
Empire-booster-in-chief Niall Ferguson gets yet another well-deserved shellacking, this time on how he falsifies the record in drawing lessons from Edward Gibbon’s The Decline and Fall of the Roman Empire.
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