Category Archives: The destruction of the middle class

The Debt Delusion

A short take on John Week’s new book, The Debt Delusion, and why it matters.

AOC Schools Mayor Pete on Why Means Testing Free College Is Such a Bad Idea

AOC rebukes Pete Buttigieg on his plan to means test expanded funding for college tuition.

What’s Behind the Subprime Consumer Loan Implosion?

Subprime loan repayment continues to deteriorate. What is going on?

Federal Prosecutors Initiate Criminal Probe of Six Opioid Manufacturers and Distributors

Federal prosecutors in Brooklyn have initiated an investigation that could lead to criminal charges against at least six opiods companies.

Obama Privately Considered Leading ‘Stop-Bernie Campaign’ to Combat Sanders 2020 Surge: Report

Obama would try and stop Sanders if it looks likely Bernie would get the nomination – regardless of whether that’s the best shot to defeat Trump.

“The UN Is Being Turned into a Public-Private Partnership”: Harris Gleckman Explains Stealth Takeover by World Economic Forum

Lynn Fries speaks to Harris Gleckman about the growing corporate influence over our global governance system – and what can be done to stop it.

Private Equity Under the Hot Lights Today at House Financial Services Committee Hearing, “America for Sale?”

Private equity gets some long overdue scrutiny.

“Do You Have To Travel the World To Know What Poverty Is?”

A revealing discussion of poverty, in not a good way.

How the Fed Boosts the 1%: Even the Upper Middle Class Loses Share of Household Wealth to the 1%. Bottom Half Gets Screwed

It is bizarre to see the Fed present data showing the Gilded Age level of wealth accumulation by the 1% as if that were a badge of honor.