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Tag Archives: Naked Capitalism
Out of Thin Air
The US has a fiat currency, where money is created out of thin air with a stroke of the keyboard. For political reasons, we allow banks to enjoy the advantage of money creation rather than having the US Treasury issue … Continue reading
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Tagged banks, CBO, Ellen Brown, fiat currency, MMT, Modern Monetary Theory, Naked Capitalism, Rothschild, Web of Debt
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The Market is the Master
There is a vague sense of a new order growing up around us. Sometimes there’s a brief glimpse of it. Sometimes late at night there’s a whisper of it on the wind. I’m referring to neofeudalism–a confluence of neoliberalism and neoconservatism … Continue reading
My Hate is Pure
Every time I calm down, there’s another reminder of the damage that neoliberalism has wrought. Once again, rather than reading about this in the New York Times or Washington Post, this has to be pointed out and emphasized by William Black, … Continue reading
Dig it
Reading Bloomberg’s article about how the GOP, when it takes control of the Senate, should embrace infrastructure spending, made me laugh. Just the language, with its nod towards hippy vernacular, was priceless. “Dig, if you will, a picture: Republicans, basking … Continue reading
Lost In Space
It’s been a rough week for commercial space travel. First, on Tuesday an un-manned commercial supply rocket bound for the International Space Station, exploded after liftoff. The accident prompted criticism over NASA’s reliance on private corporations to launch payloads, now that … Continue reading
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Tagged commercial space travel, Naked Capitalism, neoliberalism, privatization, propaganda, public good, Robert Parry
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Godzilla vs Mothra
With the dearth of investigative journalism and embrace of entertainment as news by our corporate press, sometimes the only way we learn about the important events shaping our world is when there is a dust up among our elite. Right … Continue reading
Greedy/Ideology
“We’re an empire now, and when we act, we create our own reality. And while you’re studying that reality—judiciously, as you will—we’ll act again, creating other new realities, which you can study too, and that’s how things will sort out. … Continue reading
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Tagged Akerlof and Romer, censorship, empire, greedy/ideology, Kansas, Karl Rove, looting, Matt Stoller, Naked Capitalism, propaganda, Thomas Frank, Tom Engelhardt, Yves Smith
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That time of year
Uh, oh. It’s after Labor Day and our political leaders are pining for war. Put away those whites and get out the camouflage. It’s funny what our leaders admit to when they think no one is paying attention. Remember the run … Continue reading
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Tagged Andrew Card, Charles Pierce, deep state, Matt Stoller, Naked Capitalism, war as a product
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Coming Out of the Closet
I have decided to come out of the closet and live my life free from shame. Nope, not gay, if that’s what you were thinking. Not that there’s anything wrong with that sort of thing. No, my closet consists of … Continue reading
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Tagged class warfare, inequality, John Lennon, karl marx, marxism, Naked Capitalism, neoliberalism, Yves Smith
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The Antidote
In the United States we have a breathtaking system of propaganda that is directly enabling our descent into neo-feudalism. This propaganda, disseminated by the dominant corporate media, is astonishingly effective in its depiction and framing of economic issues. And this … Continue reading
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