Tag Archives: Wall Street

Rotten Arrangements

  The Coronavirus pandemic is calling into question all of the rotten arrangements that have brought us to this point in American history. Indeed, the virus is remorselessly exposing every weakness in the political and economic ideologies it touches. Especially the ideology … Continue reading

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Existential Threat

  Every economy is planned. The essential political question is who gets to do the planning. Likewise, every economy is a mix between state and private actors. After 40 plus years of neoliberal “reforms”, the dominant actors in the US are … Continue reading

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Socialism for thee but not for me

  Trump appears to have found the theme for his 2020 presidential campaign–Socialism is bad!!! “We are alarmed by the new calls to adopt socialism in our country,” said President Donald Trump in his State of the Union address. “Tonight, … Continue reading

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PayGo

  PayGo is bad economics and bad politics, but naturally it was the first order of business for the newly elected Democratic Speaker of the House–Nancy Pelosi. Despite resistance from progressive Democrats, the House rules package for the 116th Congress will … Continue reading

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Ten Years After

  Ten years ago the US stock market tanked, and for the next several weeks financial markets were a cluster-fuck of panic and chaos. Americans were frightened of what was happening in the economy. The real estate market had collapsed. Venerable Wall … Continue reading

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Double-Truth

  I know it’s hard to turn away from the ongoing dumpster fire that is the Trump administration but it’s imperative to understand how we got here. Can you say neoliberalism? The neoliberals first gathered at Mont Pelerin, circa 1947, in … Continue reading

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Mittens ‘R’ Us

  I wrote a letter to the editor of the local newspaper expressing my surprise that they haven’t connected the bankruptcy of Toys ‘R’ Us with Mitt Romney, the man who’s poised to become our next senator. Mittens, as I like to … Continue reading

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Is that all there is?

  Gazing around our world it’s clear that neoliberalism has narrowed the possibilities. Is that all there is? Massive student debts, opioid addiction, homelessness and suicides. An economy based largely on scams and fraud, that leaves the vast majority of … Continue reading

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That’s just the way it is

  Divide and rule is as old as the hills. That’s just the way it is. In the wake of Trump’s surprising win over Hillary Clinton, Democrats have seized upon several explanations for the poor showing of their establishment candidate. … Continue reading

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Deep State–Über Alles

  In light of the non-stop yammering about Russian meddling in our precious democracy, it’s time to revisit the concept of an American deep state. Liberal commentators have heaped derision on the term–deep state, depicting it as Trump supporters protecting … Continue reading

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