Tag Archives: financialization
The enemy within
I wonder why there’s an upsurge in anti-Asian bias, hatred and violence? Maybe it has something to do with the demonization campaign against China that began in the Trump administration and carried into the Biden one? I’m asking, because the … Continue reading
Financial Feudalism
The Wall Street Crash of 2008, the bailout, and the Fed’s Quantitative Easing (QE) intensified inequality in America. And now they’re getting the band back together. Behind all the focus on the human toll of the pandemic there are quiet … Continue reading
All about the Benjamins
I’ve talked about the deep state at length but the whole Epstein affair casts this dynamic in a much darker hue. For instance, there’s no way that a serial pedophile blackmailer like Epstein went unnoticed by the vaunted intelligence … Continue reading
Shameless
I’ve said it before but it bears repeating: Mitt Romney, Mittens as I like to call him, represents everything that’s wrong with our modern day financialized economy. However, Mittens, who recently spoke out against the “socialist agenda” of the Democratic … Continue reading
It’s all about the Benjamin’s
Ever wonder why the US regime-changes this country but not that country? Wonder no more. It’s all about the Benjamin’s. The US maintains its hegemony thanks to the power of the US dollar—the worlds reserve currency–and the reality of … Continue reading
We Live in a Political World
Why hasn’t a left-wing populist party arisen in the US in the wake of the Wall Street crash and bail-out by the government? Why have labor unions, environmentalists, racial and ethnic minorities not created an alternative to the fully … Continue reading
Washington Generals (Part 2)
How can the Democratic Party effectively oppose Trump and get back into power after they’ve lost over a thousand seats nation-wide since 2008? Oh, I know. Maybe former Vice-President Joe Biden, a Democrat, can show up at a swanky Deer … Continue reading
N is for Neofeudalism
Everything that was old is new again. Take feudalism, it’s making a comeback. The US economy is trending towards wage bondage and economic polarization, with an all-American debt peonage that I’ve come to call neofeudalism. Heterodox economist Michael Hudson explains how … Continue reading
The submerged state
If the Democrats ever want to win another election they need to abandon neoliberalism. Post-Watergate Democrats turned their backs on the central tenet of the New Deal–that government should help Americans. In the process, they quit representing unions and … Continue reading
