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Tag Archives: Wall Street
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
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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
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Tagged deep state, Donald Trump, Joint Chief, kremlinologist, President Obama, Putin, Russia, seymour hersh, Sunni terrorism, Syria, Wall Street
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Control
If Americans appear clueless about foreign policy it’s by design. The rationales offered range from fighting terrorists who threaten our homeland, to protecting helpless civilians, to spreading peace and democracy. Hopefully you, dear reader, don’t need me to point out … Continue reading
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Tagged Al-Qaida, Cold War, control, Council on Foreign Relations, Deterring Democracy, dollars, empire of chaos, indigenous nationalism, ISIS, neoconservatives, oil and gas pipelines, Russia, Saudi Arabia, Soviet Union, Syria, US foreign policy, Wall Street, Washington consensus
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Interesting Times
Holy shit! Leave on vacation and look what happens. Here, I thought August is supposed to be a slow month. It’s hard not to look around right now and feel like the end of the world is upon us with … Continue reading
We’re All Greeks Now
Who needs an army when you have economists and central bankers? This is the reality we face in an era where debt and austerity are the weapons wielded by modern imperialism. In the aftermath of the Greek referendum rejecting austerity, … Continue reading
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Tagged austerity, class warfare, Detroit, ECB, EU, finance is war, Greece, Greg Palast, IMF, Michael Hudson, morality play, Naked Capitalism, neoliberalism, Noam Chomsky, Paul Krugman, Podemos, Syriza, Wall Street, Wolf Richter
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What Are They Good For?
What’s the point of having two political parties that both represent corporations and the wealthy? My first post at Camelotkidd was entitled TINA,—“There is no Alternative,” proclaimed by Margaret Thatcher about the superiority of neoliberal capitalism. This phrase, uttered with … 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
Little Timmy’s Big Payday
Last week the Wall Street Journal published a bombshell of an Opinion article by former Federal Reserve official, Andrew Huszar. You may not have heard of it. “I can only say: I’m sorry, America. As a former Federal Reserve official, I … Continue reading
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Tagged N.Y. Fed, QE, Tim Geithner, Wall Street, Wall Street Journal, William K. Black
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