Sucking Up To Reagan and Crossing The Line

   Ahem…maybe someone else noticed this or maybe I’m being cranky–but what kind of journalism are MSNBC and Politico practicing? During last night’s reality TV show AKA the Republican debate, the network ran a video that was a historically inaccurate and shameful suck-up to Reagan. I’m really sorry if they were trying to be nice […]

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Austerity Works!…In A World Where Leaders Want Stagnation

    I often fear I am going to be injured–a victim of the adult "shaken head" syndrome. It’s the syndrome I think many of us are afflicted with–you wake up every day and read some stupid-ass comment or proposal by political leaders of both parties and…you shake your head. I’m telling you, it’s dangerous.   […]

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Democrats Who Give Cover To Corporate Scams

    So, sometimes, you wade into a fight that just isn’t fair. Here is one of those fights on economic policy–one that boils down to a massive scam on the part of Flagless Corporate-Land aimed at ripping off those of us who still pay taxes. And this is a scam that is being aided and […]

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Deficits Are No Threat

  A number of people–including your truly–have been making the point for a long time that there is no debt and deficit "crisis". The problem is that there is a bi-partisan obsession with the phony "crisis", helped by the transcribers of press releases (formerly known as "journalists") that has drowned out any rationale discussion–a discussion […]

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Jail. Them. Now.

   I get ginned up as much as the next person when I read about any government action against the financial institutions that robbed millions of people of their jobs and retirement–and their dignity and respect. But, in some way, this is a game.    Unless the heads of these institutions go to jail, nothing […]

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Boathouse Battle

   I cruise by the Central Park boathouse on my regular cycling trips up and down Manhattan. So, I’ve been able to cheer on the folks who are on strike to try to get a union. There’s some news on that today: Representatives from the Boathouse restaurant in Central Park and the New York Hotel […]

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The Press Oils The Machinery of Class Warfare

   I’m going to start by saying something entirely unoriginal: the traditional press has its head up its ass, and is thoroughly incapable of looking at itself and understanding that most transcribers of press releases (formerly known as "journalists") are entirely not qualified to write about the economy or work and, indeed, are oiling the […]

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Bank of America Even Pissed Off Nevada

   Not surprisingly, Bank of America–one of the truly despicable actors in the mortgage scandal–has violated a deal it struck with the state of Nevada. And Nevada wants to sue.  Here you go: The attorney general of Nevada is accusing Bank of America of repeatedly violating a broad loan modification agreement it struck with state […]

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Republicans Using “Baseball Bat” To Attack Workers Rights

   Apparently, in the alternate universe Republicans inhabit, socialism is on the march and the attack against the "free market" is unrelenting. Where? At the National Labor Relations Board, of course. The truth is–shocking, I know–quite different, and it speaks volumes about the playing field for workers in the real world.    The NLRB has […]

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Krueger and The Minimum Wage

   Something positive to look forward to today: President Barack Obama on Monday will announce he has chosen Princeton University labor economist Alan Krueger to become the top White House economist, a White House official said.    It isn’t simply that Krueger believes in government action to create jobs. It’s that he is the co-author […]

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