Tag Archive | "IMF"

Episode 216: Wealth Tax On The Table; Two Trillion for The Global Poor; Joe Biden and Union Organizing

 The number that sticks in my mind today, and has since I heard it, is 40 percent. While over half a million people in the U.S. have died of COVID in one year, while millions of people have become sick, while millions of people have lost their jobs, savings and homes, and many people […]

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Episode 208: Goldman Sachs/AFL-CIO On Same Page—Pigs Fly!; Taxing The Rich—The Fight Looms

Back in the spring, I had a good chuckle when I found a topic of agreement between the AFL-CIO and Goldman Sachs, as well as agreement from lots of heads of states, many labor folks and business titans—creating trillions of dollars in grants, not debt, to give to poorer countries needing immediate financial aid right […]

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Episode 181: Greed Drove Retail’s COVID-19 Collapse; The IMF’s Trillion-Dollar Money Machine; Unleashing Rich Foundations’ Dough

Here’s a no brainer observation: It would be hard to find any areas of agreement between the AFL-CIO and Goldman Sachs. Well, I got one—it turns out that the AFL-CIO and Goldman Sachs, along with scores of heads of states, labor folks and business titans, are on the same page about one idea which hasn’t […]

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Broken Promises, More Bad Stuff To Come

   In the bigger sense, these two things are related. First, a week ago, I asked whether the president will keep his campaign promise about renegotating NAFTA. The answer seems to be "no": The administration has no present plans to reopen negotiations on the North American Free Trade Agreement to add labor and environmental protections, […]

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Ten Years After The Asian Financial Crisis

    Here’s something worth reading–it’s an article by my friend and colleague Mark Weisbrot, co-director of the Center for Economic and Policy Research about the long-term impact of the East Asian financial crisis. It’s called "Ten Years After: The Lasting Impact of the Asian Financial Crisis." Here’s a little from CEPR’s press release on the […]

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Wolfowitz’s “Greed Is Good” Defense

How would you like to make about $200K to help alleviate poverty around the world? Turns out a lot of people like that deal–an astounding fact in today’s New York Times story that Paul Wolfowitz is using to justify his behavior in the on-going ethical controversy at The Bank. And this factoid underscores how poorly […]

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Why Should the U.S. Run the World Bank?

In the U.S., there has been a bit of reporting about the nomination of Paul Wolfowitz to be head of the World Bank. Certainly, it’s a bit baffling—okay, I’m being kind—that the guy who helped prosecute the Iraq war, which was hardly a big hit among the world community (never mind the fake “Coalition of […]

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