Waiting for “Rooseveltian Relief”: An Oversimplified Framework for the Employment Situation
“Nothing fundamental will change.” –Joe Biden
Read more...Category Archives: Ridiculously obvious scams
Public Schools Collapsing into a Zoom Heap
The true cost of shuttered schools.
Read more...Neoliberalism Is Over. Welcome to the Era of Neo-Illiberalism!
Big tech, nationalist politics, and the billionaire class have propelled a novel political economy. What impact will the virus have on this new status quo?
Read more...Tom Ferguson: Big Business Takes Cash as Workers Laid Off, States and Cities Go Bust
Tom Ferguson and Paul Jay discuss how Democrats and Republicans distaste for accountability by finance and big corporations is playing out in the coronacrisis
Read more...Why I’m Not Keen About Telemedicine, US Style
Telemedicine has a lot of warts.
Read more...Pandemic Profiteering: How the Military Goes to the Head of the Covid-19 Bailout Line
How the coronavirus has helped the US military up its grifting game.
Read more...Finance Capitalism vs Industrial Capitalism: How Financial Parasites and Debt Bondage Are Destroying Us
Another Michael Hudson star turn on debt dynamics, this time focusing on the coronavirus bailouts are shoring up rentiers.
Read more...Schadenfraude Alert: Airbnb Mini-Moguls in Meltdown as Bookings Collapse
Once fat and happy Airbnb landlords are now in a world of hurt.
Read more...CalPERS Out of Control: Stunningly High Number of Personal Trading Violations, Yet Board Ignored the Misconduct
CalPERS yet again manages to exceed expectations in a bad way.
Read more...‘No Warming, No War’: Report Details How US Militarism and Climate Crisis Are Deeply Interwoven
“In the face of both COVID-19 and the climate crisis, we urgently need to shift from a culture of war to a culture of care.”
Read more...Max Blumenthal and Ben Norton With Michael Hudson: US Coronavirus “Bailout” Is a $6 Trillion Scam
Michael Hudson explians why the coronavirus bailouts are even more of a gimmie to the rich than they look.
Read more...Trump Tweet: Will Issue Executive Order Temporarily Suspending All Immigration into the United States
Last night Trump tweeted his intention to issue an executive order temporarily suspending all legal immigration into the United States.
Read more...Hissy Fit by CalPERS Board: Falsely Blames Margaret Brown for Staff Leaks of CIO Meng’s $1 Billion Giveup, Public Opposition to Staff Coup
Sports fans, it seems hard to believe, but the CalPERS board has sunk to a new low with an extended display of incompetence and pique.
Read more...‘Incrementalism Is Not Helpful in This Moment’: Ocasio-Cortez Rejects Settling for Crumbs in Next Covid-19 Stimulus
Alexandria Ocasio-Cortez says the U.S. cannot afford another incremental stmulus bill that shovels massive bailouts to big businesses alone.
Read more...Wolf Richter: Coronavirus Drives Barrage of New Lobbying Activity
Follow the money – Congressional lobbying activity and who wins and who loses from coronavirus relief.
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