Protecting banksters from the consequences of their fraud insures massive unemployment for the foreseeable future. The Government has alternatives, but it won’t put them into action. Obama raised $2.4 million dollars for his reelection campaign from Wall Street. No one goes to jail.
|By: masaccio Sunday June 26, 2011 10:30 am|
|By: masaccio Sunday June 12, 2011 10:40 am|
Conservatives loathe Keynes, but they have no answer to the inexorable logic of his book. That makes them push their idiot theories even harder. That will be great for the rich, and screw the rest of us.
|By: masaccio Sunday December 5, 2010 12:30 pm|
Casey Mulligan is a wonderful case study for Yves Smith’s book, ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism.
|By: masaccio Sunday October 17, 2010 10:30 am|
Tax the rich or face worsening standards of living. It’s that simple.
|By: masaccio Sunday July 25, 2010 10:30 am|
Conservatives hate John Maynard Keynes because he lacks proper deference towards massive accumulations of capital and the owners of that capital.
|By: Scarecrow Saturday June 5, 2010 2:15 pm|
It seems the world’s G-20 economies just decided, over US objections, to resurrect Herbert Hoover, rebury Keynes and pursue another Great Recession, tanking their economies and putting tens of millions more out of work.