Wall Street Republicans Looking to Support Hillary Clinton in 2016

By: Thursday May 1, 2014 5:15 pm

Now that New Jersey Governor Chris Christie has been severely damaged by the Bridgegate scandal, Republicans on Wall Street are desperately searching for a candidate they can count on to do their bidding in 2016. With a distrust for Senator Ted Cruz or Senator Rand Paul to follow orders, some are hoping former Florida Governor Jeb Bush might step into the race.

But Bush fatigue may have even reached Manhattan as Wall Street Republicans eye another candidate to invest in, Hillary Clinton.

 

May Day 2014: Reflections On Oligarchy

By: Thursday May 1, 2014 12:02 pm

Are you enjoying May Day? Despite the origins of the holiday coming from events in Chicago the holiday is officially ignored in the USA. Outside the US celebrations are common in most major capitals in the world.

China To Become World’s Leading Economy This Year

By: Wednesday April 30, 2014 2:25 pm

Can we finally write off neoliberalism as a bad idea? Due to alterations in how the World Bank calculates wealth China is set to surpass the United States as the world’s largest economy this year. Previous predictions imagined China overtaking the US in the next decade.

White House Brings In Oligarchy Heirs To Discuss Future

By: Monday April 21, 2014 12:05 pm

Though President Obama noted wealth inequality as the defining issue of our time and said “I realize we are not going to resolve all of our political debates over the best ways to reduce inequality and increase upward mobility this year or next year or in the next five years”, less than a year later and the White House is bringing in the heirs to America’s great fortunes not to discuss help with bringing back a meaningful inheritance tax, but planning how those soon to be oligarchs want to shape the country. Talk about a mixed message.

Is the MSM Blackout on Inequality, Plutocracy, and Oligarchy Ending?

By: Saturday April 5, 2014 4:00 pm

All of a sudden MSNBC cable commentators are talking about plutocracy and oligarchy. Surprisingly, the first occurrence of this I’m aware of was Chuck Todd, reacting on his Daily Rundown show to the spectacle of Republican candidates traveling to Vegas to seek funding from Sheldon Adelson and his group of hugely wealthy Jewish Republican donors. Todd began to explore the implications of that event. He seemed exercised, and more than the slightest bit upset, about its meaning for Democracy and used the words plutocracy and oligarchy. Andrea Mitchell also discussed it later and she, too, registered apparent dismay, while using the “p” and “o” words.

Late Night: Nervous as a Whore in Church

By: Thursday April 3, 2014 8:00 pm

Not for nothing, the plutocracy is getting more than a little edgy these days, and this edginess is leading to some behavior that would be laughable if it weren’t, well, nothing to chuckle about. That is, if you happen to be a member of the 99%.

Tom Perkins Calls for End to Universal Suffrage

By: Friday February 14, 2014 10:25 am

Tom Perkins, member and apparently self-appointed spokesman for the top 1%, has moved beyond claiming those that support progressive taxation are Nazis and on to calling for an end to universal suffrage.

From a plush chair at the Commonwealth Club of San Francisco, Perkins said those who can not pay taxes should not be able to vote and those who pay more taxes should have more votes.

Farm Bill Passes Senate With Cuts To Food Stamps And Giveaways To Monsanto

By: Wednesday February 5, 2014 6:45 am

The Senate has passed the Farm Bill which includes $8 billion of cuts to food stamps and $7 billion of increases to agribusiness. President Obama has said he will sign it into law. Game over.

Lobbying Rules Completely Ineffective At Stopping Revolving Door

By: Monday February 3, 2014 9:02 am

Are you sitting down? The lobbying rules designed to slow down the revolving door have failed. According to the New York Times, an analysis of congressional staffer data has revealed that not only is the practice of government worker-to-lobbyist continuing, the meager ethics rule that do exist are being ignored.

Report: 85 Richest People Have More Wealth Than Poorest Half Of The World

By: Tuesday January 21, 2014 6:47 am

According to a new report by Oxfam titled Working For The Few the wealth of the 1% richest people in the world amounts to $110 trillion, or 65 times as much as the poorest half of the world. Notably Oxfam does not buy into the nonsense about technology and education leading to yawning gaps in wealth inequality but properly notes that abuses of power and thievery are principally to blame.

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