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Category Archives: economy
MARKET MADNESS
Why is the stock market soaring amid a pandemic? Because Trump thinks that may save him By Bob Cesca/ Salon.com/ July 24, 2020 All told, Donald Trump is a bit of an expert at blurting things that force the … Continue reading
Posted in America, Donald Trump, Economics, elections, government, politics
Tagged Bob Cesca, finances, markets, Salon.com, stock market
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HOW WE BROKE THE WORLD
Greed and globalization set us up for disaster. By Tom Friedman/ New York Times/ May 30, 2020 If recent weeks have shown us anything, it’s that the world is not just flat. It’s fragile. And we’re the ones who made … Continue reading
Posted in America, Economics, government, politics, Wall Street
Tagged 9/11, banks, globalization, greed, New York Times, pandemic, Tom Friedman
2 Comments
THE AMERICA WE NEED
By the Editorial Board/ New York Times/ April 9, 2020 From some of its darkest hours, the United States has emerged stronger and more resilient. Between May and July 1862, even as Confederate victories in Virginia raised doubts about the … Continue reading
Posted in America, democracy, Donald Trump, Economics, government, inequality, politics
Tagged Coronavirus, New York Times
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Change is Coming
Neoliberalism Has Radicalized a Whole Generation By Conor Lynch/ Truthdig/ February 26, 2020 When the conversation veered toward “capitalism” and “socialism” at last week’s Democratic presidential debate in Las Vegas, the preeminent capitalist on the stage, Michael Bloomberg, could hardly … Continue reading
Posted in America, democracy, Economics, government, inequality, politics, revolution
Tagged capitalism, Conor Lynch, Michael Bloomberg, neoliberalism, socialism, Truthdig
1 Comment
Choosing Death Over Life
Posted in economy, government, Middle East, military, politics, taxes
Tagged Andrew Bacevich, drones, Human Reform Politics
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Global Capitalism Is Theft
Government Debts as Class Swindles By Richard Wolff/ Common Dreams/ January 31, 2020 In modern capitalism, governments routinely borrow money. They do this to finance budget deficits that occur when governments raise less in taxes than they spend. Governments also … Continue reading
GDP UP, BUT WHO BENEFITS?
Why You Shouldn’t Believe Those G.D.P. Numbers The statistics keep on rising, but they don’t track the well-being of most Americans. By David Leonhardt/ New York Times/ December 15, 2019 The Commerce Department will announce the latest G.D.P. numbers on … Continue reading
Posted in America, Economics, economy, government, inequality
Tagged Commerce Department, David Leonhardt, GDP, Gross Domestic Product, middle class, New York Times
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OLIGARCH NATION
Revenge of the Billionaires: How an Oligarchy of the Morbidly Rich Can Take Down Democracy By Thom Hartmann/ AlterNet/ November 22, 2019 The current issue of the Atlantic magazine founded itself in the years just before the Civil War, is ominously … Continue reading
Posted in America, Economics, government, inequality, politics
Tagged 2nd civil war, AlterNet, Donald Trump, Jimmy Carter, oligarchy, Thom Hartmann
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CAPITALISM WORKS GREAT–EXCEPT WHEN IT DOESN’T
By Arlen Grossman Published at OpEd News, October 5, 2019 Democracy, if we ever truly had it, is rapidly disappearing in America today. If most people want background checks for guns, universal health care, a higher minimum wage, action … Continue reading
Posted in America, democracy, Economics, government, inequality, politics
Tagged billionaires, capitalism, corporations, democratic socialism, greed, Oped News, values
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Scary Word
Posted in Economics, government, politics, Uncategorized
Tagged Harry Truman, socialism
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