Oh, The Poor Rich–Beseiged Again

   I’m getting increasingly pissed off about the debate about health care, and the larger obscenity that our states are collapsing, services are being cut, millions of people are losing jobs–and the richest Americans just can’t step out and say, "yes, we should pay more to have a decent society". If you want to see […]

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Unions Built Vegas Middle-Class

   I’ve always wanted to go out and do a week-long series on how the labor movement built the middle-class in Las Vegas–you know, the labor movement that part of the Democratic Party just sold out by eviscerating the Employee Free Choice Act. So, it was with a bit of trepidation that I began reading […]

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So Much For The “Card Check” Bill

   I have had my doubts, as expressed here over these many months, about the Employee Free Choice Act–whether it would do what the labor movement said it would do (unleash organizing of millions of workers) and, most important, whether it would pass in its proposed form.    Well, you can forget about the latter […]

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Independence of The Fed? Nonsense

   One of the enduring myths of Washington insider language is the need for the Federal Reserve Board to be "independent". This is utter nonsense and is, to a great extent, the reason our economy has collapsed–not just over the past year but over the past 30 years as it has failed to translate the […]

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The Depression Is Here–Except For Wall Street Executives

Today brings in stark relief the economic chasm in America: the Depression is here, if you measure what real people are going through, but, on Wall Street, the party continues as, in Marie Antoinette style, financial executives reap millions while the rest of the people grasp for crumbs.   Today, David Leonhardt has an excellent […]

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CNBC’s Maria Bartiromo Agrees: Single Payer Makes Sense

  Even though single-payer, "Medicare for All" is the most effective economic solution to the health care crisis (I’m putting aside the moral question for the sake of this discussion), our political leaders (with the exception of HR676 advocates) and traditional media chattering ideologues do their best to ignore the basic facts. Which is why […]

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Perversion

   This is the definition of perversion (the dictionary tells us that something perverted is "deviating from what is considered right or acceptable; wrong , improper, etc. or corrupt, wicked, etc."). The real unemployment rate is around 16 percent, millions of people are struggling partly because of the behavior of the people running the financial […]

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Top 10 Reasons the U.S. Isn’t Getting its Panties in a Bunch over Honduras

www.KatieHalper.com In its response to the events of Honduras, the Obama Administration is acting like a CT (Coup-tease), whose commitment phobia and"joint military operations. " intimacy issues render it paralyzed and unable to engage in a healthy relationship with Latin America. The Administration flirts with the idea that the coup is really a coup, and […]

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The Fed Tries To Keep Power–The Independence Myth

   No institution ever gives up power willingly. It has to be taken from it by force–not necessarily armed force, but certainly political force. To wit, the battle over the power of the Federal Reserve Board. Two different takes floated around the business/mainstream media today–both of which miss the point, which I’ll get to down […]

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Green Shoots, Fleeting Recovery and The Hard Truth

   If you are relying on the media or politicians to tell you when the "recession" will be over, you have a right to feel confused. One day it’s a story or pronouncement about the "green shoots" sprouting up in the economy, only to have those "green shoots" trampled the next day by gloom-and-doom over […]

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