Tag Archive | "Class Warfare"

Republican Fantasy Economics…Ooopppsss, FACTS Show Tax On Rich WON’T Hurt Job Creation. Duh

   Oh, those poor "job creators"…they just can’t get any respect–except from Republicans, and too many Democrats, who run around undercutting jobs programs because of some phony idea that taxing the wealthiest Americans will hurt jobs. Oooopppsss…nope… Embedded in the report out from the Congressional Research Service–which annoyingly doesn’t post reports publicly–which tell us this: […]

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It’s Just Math: CBO Says Millionaire Surcharge Can Pay For ALL of Obama Jobs Package

    There is an incredible easy equation to make–both morally and financially. The one percent broke it now they need to fix it. And it all adds up, according to the Congressional Budget Office.   The math: The Democrats’ proposed tax on millionaires would raise an estimated $453 billion, more than enough to pay for […]

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Can We Now Stop Listening To S&P?

I’ve been mystified for a while at the continued willingness to listen to anything that comes out of the mouths of the people at Standard & Poors. The Justice Department is investigating S&P and these fools had a deep role in creating the financial crisis–yet when this discredited group of bozos downgrades the U.S., everyone […]

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The Greatest Nation On Earth Shouldn’t Jam “Free Trade” Down The Earth’s Throat

   I hate to ruin a good party–or at least the world of the liberal bloviators who want everyone to stand in line and praise the president’s speech last night. Heck, I am glad he was there to push for something–ANYTHING–to be done to try to respond to the great crisis we have.    But, […]

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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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The Rescue That Missed Main Street

   What has been extraordinary to watch over the past 30-40 years is the way in which, when economic crisis strikes, the political and economic leadership of the country leaps into the breach to lend a hand–not to the regular people who suffered the most but, rather, to the very institutions and economic elites who […]

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When Political Paralysis Is FABULOUS For The Middle Class

    Not a day goes by when we don’t hear from the mouth of some talking head or read the words of a transcriber of press releases (formerly known as a "journalist") about the awful "partisanship" or bi-partisan "paralysis" and failure to "compromise". It’s now a macro embedded in the minds and computers of virtually […]

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The Filthy Rich Shout “Greed Is Good” and Party With The Politicians

   When I wrote the "The Audacity of Greed" in 2008, I had a chapter called "Vodka and Penises" which detailed a rather unique birthday party thrown in Sardinia, Italy, in 2000 by Tyko CEO Dennis Kozlowski in honor of his wife–it featured vodka spraying from the penis of a replica of Michelangelo’s David. Kozlowski, […]

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S&P Under Investigation: Lawbreaking Or Not, S&P Is Bankrupt

   Over the past few months, I’ve written a number of pieces about the ludicrous spectacle of anyone taking Standard and Poor’s and Moody’s seriously anymore. When S&P downgraded the U.S. rating, it underscored how entirely corrupt the system has become.     Joy and celebration: maybe S&P even broke the law.  The investigation is […]

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The Oracle of Omaha’s Cost-Free Rhetoric

   Just a quick addition to my criticism of the Oracle of Omaha’s empty cry for higher taxes. Let’s see, wanna guess how much money Warren Buffett has invested of his multi-billion dollar fortune into pushing a campaign to hike taxes on the wealthy?    Zero.    Zilch.    Nada.    Ok, I guess since […]

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