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Tag Archives: Wall Street
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
Posted in neoliberals
Tagged ACA, Cornell, corporate funding, Democrats, financialization, free trade, Les Leopold, Naked Capitalism, Nancy Pelosi, neoliberalism, One Market Under God, other corporate party, President Obama, Submerged State, Suzanne Mettler, Thomas Frank, Wall Street
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Behind the throne
Making sense of the Trump presidency will be challenging. It’s a new environment with all preconceived notions of the American political system vanishing. Up is down and down is up. For example, liberals, who traditionally viewed the CIA as … Continue reading
Posted in neoconservatives, neoliberals
Tagged C. Wright Mills, CIA, Color Revolutions, deep state, deep state network, Donald Trump, figurehead, isolationist, liberal, Mike Lofgren, Mike Pence, military industrial complex, oligarchy, populist, power elite, PR, protectionist, Silicon Valley, TPP, US system of oligarchy, Wall Street, year of living dangerously
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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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