Category Archives: economy

How Much Longer?

The Global Elite Are Headed For a Fall. And They Don’t Even Know It. By Damon Linker/ TheWeek/ April 27, 2017   The global elite think they’re sitting pretty. How wrong they are. Democrats keep telling themselves that Hillary Clinton … Continue reading

Posted in Economics, economy, government, inequality, politics | Tagged , , | 2 Comments

IT’S BASICALLY JUST IMMORAL TO BE RICH

 By A.Q. Smith/Current Affairs/March 30,2017 A reminder that people who possess great wealth in a time of poverty are directly causing that poverty…   Here is a simple statement of principle that doesn’t get repeated enough: if you possess billions … Continue reading

Posted in Economics, inequality, philosophy | Tagged , , | 1 Comment

Unless It Changes, Capitalism Will Starve Humanity By 2050

By Drew Hansen/ Forbes/ February 9, 2017 Capitalism has generated massive wealth for some, but it’s devastated the planet and has failed to improve human well-being at scale. • Species are going extinct at a rate 1,000 times faster than that … Continue reading

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How Trump Could Cause the Next Economic Meltdown

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Obama’s Failings

Democrats can’t win until they recognize how bad Obama’s financial policies were By Matt Stoller/ Washington Post/ January 12, 2017 During his final news conference of 2016, in mid-December, President Obama criticized Democratic efforts during the election. “Where Democrats are characterized as … Continue reading

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Where Workers Stand on Labor Day

A Message to Working People on Labor Day from a former labor secretary By Robert Reich/ robertreich.org/ September 5, 2016 Your typical wage is below what it was in the late 1970s, in terms of what it can buy. Two-thirds … Continue reading

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IT’S ONLY OUR MONEY

The Pentagon Money Pit By Dave Lindorff/ Counterpunch/ August 11, 2016 What if the inspector general of the Department of Health and Human Services were to report that $6.5 billion in spending by that federal agency was unaccounted for and … Continue reading

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We’re Not in Kansas Anymore…Thank Goodness!

Here’s What’s the Matter with Kansas…   Jun. 24, 2016  By Thom Hartmann      The verdict is in, and it’s time for conservatives to face the cold hard facts. Right-wing trickle-down Reaganomics doesn’t work. It doesn’t work internationally, it doesn’t … Continue reading

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How Economic Hitmen Work

This two-minute video explains a lot…..

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The TPP: The Latest Free-Trade Ripoff

My February 19 letter in the Monterey Herald: Every few years. like clockwork, we are presented with a new free trade agreement that promises to do all kinds of wonderful things. This time it’s the TPP, the Trans-Pacific Partnership. Like NAFTA and … Continue reading

Posted in Economics, economy, government, politics, trade, Uncategorized | Tagged , , , | 1 Comment