Tag Archive | "Debt"

BREAKING Greeks General Strike Against Austerity. We Need The Same

   Greeks have taken a big part of the brunt in Europe because of the preying on its country by banks and international institutions. Essentially, the failed strategy has been all about AUSTERITY: shrink the economy even more in return for not…plunging the economy even deeper.    The people in Greece have had enough–and they’ve […]

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Capitalist Voices Say: Print Money–Or Be Afraid…VERY AFRAID

   You can smell the fear and the alarms going off–not by reading The Nation (snore…kick me when it has something new to say) or The New York Times, whose "economic" reporters, with one or two exceptions, are astonishingly dumb. For some real insights, look to the Financial Times and The Economist. And the message […]

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NYTimes Editorial Board Needs A Short Lession on War and Economics

  Let’s see. You’re an editorial board member of the vaunted New York Times. You get paid a lot. Is there at least an expectation that you get your facts right? I know–rhetorical question. It happens every day but sometimes there are just whoppers that need correcting–because they do make a difference. In today’s editorial […]

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Elizabeth Warren, 10 Questions For Your Consideration

    Dear Ms. Warren: congratulations for jumping into the U.S. Senate race in your state. And good luck and be well–you will find that being a "candidate" offers challenges quite different from having to answer to discourteous, uninformed Republicans. Respectfully, I’d like to ask your position on a number of issues.    Quick context. There […]

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A COUNTRY is not a COMPANY: CEOs Should Sit Down And Shut Up

    I am continuously amazed by the reverence accorded company bosses. Put aside the incompetent ones, who get huge severance packages when they leave, or those who have looted their companies of tens of millions of dollars in pay and benefits, even when the companies lose money or collapse. I’m talking about even the ones […]

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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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The President Should Heed His Own Words

   Yee Haw! Some sense. Those questions reflect a common refrain of businesses, their lobbyists and supporters in Washington, who complain that too much regulation is stifling the economy. In both cases, Mr. Obama responded that farmers might be hearing unfounded rumors. “If you hear something is happening, but it hasn’t happened, don’t always believe […]

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Memo to Deficit Obsessed Fools: Cheaper Government=Single-Payer Health Care

   In the list of really annoying habits of the bi-partisan obsession with the phony debt and deficit "crisis" is the inability, or the ideological desire to willfully refuse, to do simple math. Because if you did simple math, then, you cannot be FOR cheaper government without being FOR single-payer health care. Put another way, […]

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