Wolf Richter: US Pension Crisis: This is How Families Get Squeezed to Bail Out Pension Funds in Chicago
Coming to a municipality near you..
Read more...Category Archives: Politics
Can Trump Really Make U.S. Coal Great Again?
What are the prospects for the restoration of King Coal under Trump?
Read more...Cutting Company Taxes is a Race to the Bottom
Corporations are winning an ideological battle, securing lower income taxes around the world. But how far can this trend go?
Read more...Bill Black: Krugman’s Failure to Speak Truth to Power About Austerity
Krugman’s fiscal orthodoxy led him to enable Hillary’s disastrous embrace of austerity rather than call her out for it.
Read more...John Helmer: Cyprus Wins Victory for Sovereignity, Backed by Greek Principle and Russian Arms
Talks between Greek and Turkish camps in Cyprus have collapsed: “Greece first, then Russia have cut the legs off the negotiating table.”
Read more...100% Renewable Powered Town Is The Best Place To Survive A Zombie Apocalypse
One town demonstrates that it’s possible to rely only on renewable power….so why haven’t others taken the plunge?
Read more...Bill Black: Hillary’s Threat to Wage Continuous War on the Working Class via Austerity Proved Fatal
Black recounts how fundamental austerity-driven economic policies had become to the Democrats and how Hillary embraced them wholeheartedly.
Read more...Banks Whinge About Tougher EU Regulations to Reduce Too Big to Fail Risk
The Financial Times is a bit too sympathetic to poor oppressed banks facing tougher EU safety rules.
Read more...Donald Trump: “My 100-Day Action Plan”
A look at Trump’s major proposals.
Read more...Economists and Trump: Straight Talk on Trade
Economists maintained a party line of never letting a bad word be said about more open trade even though they knew it would produce losers.
Read more...Italy’s Bank Rescues Founder, With Small Savers and Prime Minister Renzi as Casualties
Italian banks may start bail-ins at the worst possible time for Matteo Renzi and his constitutional reforms.
Read more...In Upset, François Fillon Beats Sarkozy, Leads Conservative Party Runoff Vote for French President
Fillion’s surprise win shows again how pundits and pollsters failed to read the mood of voters.
Read more...Where Was Roosevelt?
On the tactics of labor early in the Roosevelt administration.
Read more...Thwarting Trump’s Climate Change Rollback: The Green-State Climate Agreement
State and local measures, such as a green-state pact, could impede the Trump administration’s efforts to unwind climate change initiatives.
Read more...Why Economic Recovery Requires Rethinking Capitalism
Capitalism needs a dose of socialism, aka public works. Mission-oriented public investment is vital to revive private-sector investment.
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