Chained CPI Helps Fund Corporate Tax Breaks and Trickle Down

By: Friday April 19, 2013 12:17 pm

I’m all for balancing the budget on the backs of the oligarchs and corporations and their foundations and their offshore holdings of trillions and their professional minions who make it all possible.

 

The Central Question Posed by the Great Crash

By: Saturday April 21, 2012 4:00 pm

The Great Crash posed one question for this country: who would bear the losses? Would it be the banks that caused the problems? The officers, directors and shareholders of those banks? Their careless counterparties? The investors who bought the fraudulent real estate mortgage-backed securities and the complex spin-offs? The owners of capital who threw money into hedge funds and other exotic investments expecting a geyser of money in return?

No.

Is There a Democratic Party Ideology?

By: Sunday January 29, 2012 10:40 am

Politicians and pundits blather about ideological divides. How can that be when the Democrats have no ideology, unless you count “We suck less”.

Oligarchy and Social Organization

By: Sunday November 20, 2011 10:40 am

When people believe things that are obviously untrue, and obviously not in their best financial interests, it means that Oligarchy has asserted control of the market in ideas.

Jared Bernstein And Eric Cantor Agree: We Can’t Do Anything About Jobs That Will Work

By: Thursday June 16, 2011 12:27 pm

The Beltway Consensus is that we can only use government to create jobs if we stay inside three constraints:
1. We can’t tax the rich.
2. Any structural change to the economy must not affect the profitability of any corporate person.
3. Government can only create jobs by giving money to corporate persons in the hope they will hire people.
Can I have a side of ignorance with that stupid?

Show Them The Money; WaPo Writer Blames Public for Unemployment

By: Saturday November 27, 2010 5:45 pm

Sometimes it’s comedic to try carrying on a dialogue with the talking heads. This morning I was listening with fascination as WaPo economics fiction writer insisted that the consumer is responsible for the debacle in our economy, and if we don’t go shopping, unemployment will go up.

Deficit Talking Points for America Speaks

By: Friday June 25, 2010 8:02 am

The basic premise of America Speaks is that budget deficits are dooming us and must be stopped. That premise is wrong and fraudulent. Here’s why.

Social Security Fix: Veto the VAT, Raise Taxes on the Rich

By: Tuesday May 11, 2010 1:50 pm

Republican tools plan to scare everyone with more tax fears, but the argument is nothing more than the execrable trickle-down nonsense. It’s time to raise taxes on the rich.

Social Security: The Next Front in the Class War

By: Friday March 26, 2010 12:20 pm

President Obama says nothing, even Social Security, is out of bounds for deficit reduction. This time he has to choose: average people or the rich. There isn’t some foolish compromise out there that will bring bipartisan support. There isn’t any way to triangulate against the dirty hippies. It’s us or them.

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