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 […]
Working Life
Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "Oil"
Two Trillion In Corporate Welfare: Start Here
Posted on 25 May 2011.
Tomorrow, Peter Peterson is going to hold another one of his dumb national "fiscal summits" to further fan the flames of the phony debt and deficit "crisis"–a non-existent crisis that covers up the bigger problem of the widening divide between rich and poor. Since people want to talk about saving money, let’s start by […]
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The Fetish of The Dollar: A Lower Dollar Is GOOD
Posted on 26 April 2011.
For all of those people who criticize empire and for those out there who correctly worry about the unequal distribution of economic power, come close and absorb another truth: the obsession around keeping the dollar high is not healthy. In fact, a lower dollar would be better for most of us–and for the environment… […]
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Go Where The Money Is
Posted on 30 October 2008.
I was drinking my morning Joe here and, lo and behold, there is breaking news on the website of The Wall Street Journal: Exxon Mobil Corp. sets quarterly profit record for U.S corporations at $14.83 billion. Revenue rose 35% to $137.7 billion. A profit record. Meaning, biggest ever. Revenue rose because millions of […]
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The World Is Slowing Down
Posted on 15 August 2008.
Other people are feeling the pain, so says The Wall Street Journal: The global economy — which had long remained resilient despite U.S. weakness — is now slowing significantly, with Europe offering the latest evidence of trouble. On Thursday, the European Union’s statistics agency said gross domestic product in the euro zone contracted 0.2% […]
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The Trouble We Knew And The Trouble Ahead
Posted on 21 February 2008.
Unless you plan on buying the winning ticket in Friday’s $270 million mega-millions jackpot, you, and probably most people in the country, will continue to be on the front-lines of the economic quakes ahead. Every time I write about the economic nastiness brewing, I always say this: for most Americans, it’s been bad times […]
Posted in General InterestComments (0)
The Trouble We Knew And The Trouble Ahead
Posted on 21 February 2008.
Unless you plan on buying the winning ticket in Friday’s $270 million mega-millions jackpot, you, and probably most people in the country, will continue to be on the front-lines of the economic quakes ahead. Every time I write about the economic nastiness brewing, I always say this: for most Americans, it’s been bad times […]
Posted in General InterestComments (0)
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