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Tag Archives: Wall Street
Necessary Lessons
Liberals lamenting the election of Donald Trump have not absorbed the necessary lessons. Rather than examining the policies of financial neoliberalism and the identity politics that provided neoliberalism its moral veneer, they are still blaming the Russians, or the … Continue reading
Planned economy
The election of Donald Trump has caused an outpouring of grief and many commentators are convinced that the end of the world is nigh. However, Trump didn’t get us to this place, he was just a savvy opportunist who … Continue reading
Posted in neoconservatives, neoliberals
Tagged Allen Greenspan, Bernie Sanders, Chicago Boys, classic economics, deep state, DNC, Donald Trump, economic planning, federal reserve, financialization, Hillary Clinton, Janet Yellen, Michael Hudson, neoliberals, planned economy, shareholder value, socialism, University of Chicago, Wall Street
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Internal divisions
The election of Donald Trump is provoking internal divisions within the deep state, leading to some very interesting disclosures. Indeed, there is a battle being waged for influence and control in the presumptive Trump administration. It might be useful to … Continue reading
Posted in neoconservatives, neoliberals
Tagged Al-Qaeda, Bashar al-Assad, CIA, deep state, DIA, DOD, Donald Trump, emptywheel.net, energy flows, General Michael Flynn, Gulf States, Hillary Clinton, Iran, Iraq, ISIS, John Brennan, Marcy Wheeler, Mike Lofgren, new york times, pipelineistan, Qatar, regime change, Russia, Saudi Arabia, Shia crescent, Syria, Wall Street, War on Drugs, war on terror is a hoax, Washington consensus, washington post
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FIRE Alarm
We used to make things and employee people who were paid wages that they spent back into the economy. Finance properly allocated capital for productive ends rather than speculation and fraud. We had a productive economy that benefitted Main Street … Continue reading
Posted in Uncategorized
Tagged Adam Smith, Austrian School, banana republic, debt serfdom, elite resistance, financialization, FIRE sector, inequality, infrastructure spending, John Stewart Mill, Justice Brandeis, Main street, Michael Hudson, Milton Friedman, neoliberalism, Road to Serfdom, Simon Patten, tollbooth economy, Wall Street
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Collaborators
The Great Depression so discredited capitalism that it created space for the New Deal reforms implemented by President Franklin D. Roosevelt. Many of these policies, influenced by economist John Maynard Keynes, involved massive government intervention in the economic affairs of … Continue reading
Posted in Uncategorized
Tagged Bill Clinton, Civil Right Act, Corey Robin, FDR, George Wallace, Hillary Clinton, John Maynard Keynes, Michael Kalecki, neo-liberal, New Deal, Politcal Aspects of Full Employment, Powell memo, President Obama, Public-Private Partnerships, Richard Nixon, Rick Perlstein, southern strategy, triangulation, Voting Rights Act, Wall Street
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Contradictions
What do secret wars, regime change, spying on Americans, and bailouts for Wall Street have in common? They’re all policies of the deep state, according to Mike Lofgren, the Republican congressional staffer who wrote the groundbreaking essay Anatomy of a … Continue reading
Factions
Seymour Hersh’s new article makes abundantly clear that the American deep state has factions that are vying for supremacy. “…at some point some other military leaders decided that they couldn’t follow the policy, because it was nonsensical, and did something … Continue reading
Posted in Uncategorized
Tagged deep state, Donald Trump, Joint Chief, kremlinologist, President Obama, Putin, Russia, seymour hersh, Sunni terrorism, Syria, Wall Street
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