Working Life

    Ten years ago, the plundering of the nation’s wealth got a boost of legislative steroids when George W. Bush signed his tax cuts into law. It was pure insanity, at least if you believe in a country of fairness. But, aside from the economic and social wreckage left by these immoral tax cuts, what […]

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   If you agree with this, from a Financial Times columnist, we are in a bad place: The Fed is divided on how far the risk of higher inflation argues for caution in maintaining, let alone increasing, the monetary stimulus provided by very low short-term interest rates and quantitative easing. Markets had come to assume […]

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    This is so absurd it made be burst out laughing in the midst of a sip of coffee this morning–and fittingly the coffee splashed over the idiotic front-page article in The New York Times (yes, I still read the actual paper version) that hails the newest words from the mountaintop, wisdom passed down from […]

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   You may recall that Russ Feingold was the only United States Senator to vote against the Patriot Act when it first came up for a vote in the post-9-11 hysteria days. He had good reason to suspect that any Administration–Republican or Democratic–would make reckless use of broad new powers to spy on its citizenry. […]

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    The bad news will keep pulverizing your grey cells: housing prices sliding, stock markets weak, bond yields in the toilet, the dollar down (which I actually have argued is a good thing)…     But, do not make the mistake of thinking that means that companies are lacking for money. Nope. Times are […]

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    Over the next 18 months, brace yourself for a lot of hand-wringing about the economic crisis we’re in. Every so often, we’re going to be told the "recovery" is just around the corner.  Oh, let’s be clear: the worries will have NOTHING to do with what is actually happening to PEOPLE. It will have […]

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   Reaching back all the way to NAFTA (oh, so ancient history…1993), there has been a complete lie and sham underlying virtually every trade deal post-NAFTA–don’t worry, so-called "free trade" advocates tell us (including free trade zealots Bill Clinton and Robert Reich) about these deals…we will put in place "labor protections" to make sure workers […]

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   The usual thing to mention when it comes to unions is how much better a union job is because of higher pay, real benefits and some security. What we often forget is how unions save lives.    We take for granted that when we breathe air not filled with asbestos or some other deadly […]

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    Yesterday, Bill Clinton foolishly called on the country to use the bank robber Willie Sutton’s maxim to address the debt "crisis" (which, in my opinion, is a phony crisis) by going where the money is. Foolish because Clinton pointed the finger at entitlements. But, the real place where the money is lies with […]

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    It is easy if you are a billionaire to get attention. You spend a ton of money on some idea–even it’s sheer lunacy–and you can buy attention. Donald Trump did it–but his  "pursuit" of the presidency was just another comical vanity play in his comical life. Pete Peterson is another story–and the outcome of […]

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