Category Archives: Politics

U.S. Abandons Open Skies for New Age Space Weapons

The press has hyped the “gee whiz” factor of space toys while ignoring that exiting the Open Skies agreement will kick off a new arms race.

Hubert Horan: What Will it Take to Save the Airlines?

The airlines are facing an existential crisis, yet no one in power is inclinded or even equipped to intervene.

The Fleming Myth and the Public Sector Contribution to Discovery and Development of New Cancer Drugs

Abstract, “basic research” is essential to drug discovery. It is also largely funded by the public sector.

Michael Hudson: Fed’s $10 Trillion Defends Assets of the Rich

Michael Hudson gives a detailed, if sobering, account of the outlook for the economy.

Why Did Covid-19 Spiral Out of Control?

Some Covid-19 sleuthing.

What’s the Earliest a Progressive Democrat Can Be Elected President?

Progressive pickins look mighty slim.

New Poll Says a Majority of Americans Would Privilege Slowing the Spread of COVID-19 Over Restarting the Economy (Despite the Relentless Assault of Get Back to Work, Slackers! Propaganda)

New ABC-Washington Post poll shows a majority favor halting the spread of COVID-19 over restarting the economy – despite the propaganda blitz.

Watch: This Is What It Looks Like When the Response to Protests Against Police Violence Is… More Police Violence

Compilation of footage of police response to protests in various U.S. cities over police brutality and the killing of George Floyd, plus Amnesty International condemnation.

EU Stimulus Fakery as Brexit Stumbles Forward

The news on the EU and UK fronts is less than promising. It looks good only compared to rampaging cops on this side of the pond.

The Federal Reserve’s Coronavirus Crisis Actions, Explained (Part 7)

This is part 7 of my ongoing coverage of the Federal Reserve’s Coronavirus actions.

Why New Infrastructure Is a National Imperative

Time to do something about America’s creaky infrastructure.

Heiner Flassbeck: The Euro Arrangement Is Faulty

Heiner Flassbeck shows it defies macroeconomic logic to promote surpluses for Germany, prohibit government deficits everywhere else and forbid the central bank from acting as the central bank of each Euro member.