Category Archives: Economics

…And Rent Is $2

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Iceland Got It Right

From Al Jazeera English:  Iceland President Olafur Ragnar Grimsson tells Al Jazeera’s Stephen Cole that Europe should let banks that are ran “irresponsibly” go bankrupt. Speaking at the annual World Economic Forum in Davos, Grimsson also held his country as … Continue reading

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It’s the Postal SERVICE, Stupid

By Arlen Grossman/ The Big Picture Report It’s called the U.S. Postal Service because it’s a service, not a corporation. Who decided the Postal Service must be profitable? Do other government agencies, like the Defense Department, the V.A., and the Department … Continue reading

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Heading in the Wrong Direction

Click to Enlarge. Source: New York Times, 2011

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THE PROGRESSIVE FUTURE?

Five Possibilities for the Next Great Progressive Push By Gar Alperovitz and Steve Dubb/ Common Dreams/ February 1, 2013 Obama’s second inaugural address opened some hope of a brighter progressive future, yet virtually all the critical economic and distributional issues … Continue reading

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Tale of Two Fantasies

BPR Quote of the Day:

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Very Tilted Playing Field

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MOVE ON, NOTHING TO PROSECUTE HERE

The Untouchables: How the Obama administration protected Wall Street from prosecutions A new PBS Frontline report examines a profound failure of justice that should be causing serious social unrest By Glenn Greenwald/ The Guardian/ January 23, 2013       … Continue reading

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That Was Easy

BPR Quote of the Day: “The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.” Alan Greenspan  (8-7-2011)

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How the Elite Rule

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