by Linda Beale Big Business believes in taxpayer subsidies, not “free markets” David Cay Johnston, former NY Times reporter and now Syracuse professor, writes about the thing that most journalists don’t bother to (or are told not to) write about–the way that Big Business successfully lobbies legislators and regulatory agencies to write the rules to […]
by Mike Kimel The Freedom to Diminish Other Peoples’ Freedom You’ve probably heard about this study by the Mercatus Institute looking at Freedom in the 50 States. I always find these measures look at the wrong things, and that’s usually because they pick one side of an equation and ignore the rest. See, I support […]
Ellen Brown from Web of Debt imagines a scenario close at hand. How accurate is it? Can They Do That? Although few depositors realize it, legally the bank owns the depositor’s funds as soon as they are put in the bank. Our money becomes the bank’s, and we become unsecured creditors holding IOUs or promises […]
I saw this as a proposal for cutting gasoline consumption: One of the easiest and most benign ways to cut energy waste and reduce the nation’s emissions of greenhouse gases is very simple, relatively painless and would actually save consumers money immediately, with no upfront costs – restore a lower national freeway speed limit of […]
The IMF has increased in importance over the last few years, especially in Europe. Prof. Joyce writes on the background of its evolution. by Joseph P. Joyce is a Professor of Economics at Wellesley College and the Faculty Director of the Madeleine Korbel Albright Institute for Global Affairs. The IMF and the Return of Structural Conditionality […]
From Stormy, who has written on global trade for over a decade, sends an e-mail on the discovery that we are losing competitive advantage: I find it absolutely stunning that the Yves post and MIT study below is considered big news. Four or five years ago, I saw the writing on the wall. Off-shoring, outsourcing…name […]
From Naked Capitalism: Why Does No One Speak of America’s Oligarchs? One of the striking elements of the demonization of Cyprus was how it was depicted as a willing tool of Russian money launderers and oligarchs. Never mind the fact, as we pointed out, that Cyprus is not a tax haven but a low-tax jurisdiction, […]
By Jeff McCord ANTHONY LEWIS, ADULTERATED MILK AND A TAINTED ECONOMYMarch 28, 2013 In the early days of his brilliant career as legal journalist and commentator, Anthony Lewis, who passed at age 85 on March 25, referred to a vision of the Supreme Court that served as his touchstone: “[W]hen the channels of opinion and […]
Via Daily Kos Bruce Webb writes: When the Ryan Roadmap to Prosperity/2013 Republican House Budget was released some otherwise sharp observers like Ezra Klein claimed it just gave Social Security a pass: Here is Paul Ryan’s path to a balanced budget in three sentences: He cuts deep into spending on health care for the poor […]