Ten Years After the Financial Crash (tags)
US economic statistics are dubious since financial markets are based on financial products and money out of nothing. Tax havens, micro-second betting, stock buybacks and corruption through lobbying are market-distorting and cause revenue shortfalls.
Trumponomics and Wall Street Rejoices (tags)
Economics should be a part of life, not a steamroller crushing creativity and self-determination. The state should serve the public interest and reduce poverty. Trumponomics is a disaster. The poor, seniors, children and students are under a vicious attack.
The Unsettling Truth about the Rolling Back of Dodd-Frank Regulations (tags)
The Unsettling Truth about the Rolling Back of Dodd-Frank Regulations
European Union Votes on Corporate Transparency Regulations (tags)
The European Parliament is set to vote on landmark corporate transparency rules known as "country-by-country" reporting.
The President as Businessman (tags)
Trump's gigantic tax cuts will only benefit the rich. Revenue losses of six trillion dollars are expected for the first decade after the Trumpian tax cuts start. Trump sells the illusion that the old order can be restored.
Trumponomics: Failure Pre-Programmed (tags)
Macro-economic and ecological connections are simply ignored with the concentration on short-term profit. The planned reduction of corporate taxes from the current 35% to 15 or 20% recalls the Laffer-curve as the basis of Reagan's fiscal policy error.
The First 100 Days Resistance Agenda (tags)
The New York Times' First Profile of Hitler: His Anti-Semitism Is Not as "Genuine or Violent" as It Sounds (1922) http://www.openculture.com/2016/11/the-new-york-times-first-profile-of-hilter.html —The New York Times published its first profile, and explained his demagoguery away. The article, titled "New Popular Idol Rises in Bavaria," begins with several alarming subheadings: "Hitler credited with extraordinary powers of swaying crowds to his will," "forms gray-shirted army... They obey orders implicitly," "Leader a reactionary," "Anti-Red and Anti-Semitic." It then goes on to undermine these charges.
US Spending Bill Bonanza for Wall Street (tags)
Wall Street
Six Proposals for Helping the 99% (tags)
Solidarity, social justice and sharing open doors while tax cuts for the super-rich only lead to exploding inequality. double standards and cynicism. Access could replace excess. The empire could be superseded by the republic.