Tag Archives: economy
the high cost of subsidizing huge corporations
There are so many ways we subsidize obscenely wealthy corporations that don’t actually need the money other than built-in greed in the corporate structure. For example: Johnston explained how the process typically works: “You come in as Walmart or Home … Continue reading
a little bit of history in tax studies
Man, those republicans REALLY don’t like anything that disagrees with them, do they? If you are a Republican member of the United States Senate, you do everything in your power to suppress that report—particularly when it comes less than two … Continue reading
undermining our foundations
Well worth reading. A predatory attitude has come to rule us, an exploitative and abusive way of life that’s normalized, celebrated, and pursued, thanks to the ascendance of neoliberalism and capitalism, in which as long as I profit, everything else … Continue reading
The Amazing Power of Cooperation in the Workforce…
We desperately need to rework how we set up our businesses. In particular we need to move away from the shareholder is the lord god almighty of a business. It’s killing us, to be blunt. Companies need to consider much … Continue reading
bill black on the current economic crisis
Bill Black was instrumental in successfully prosecuting a huge number of criminal bankers in the Savings and Loan crisis about twenty years ago. He shares his view on the current state of bankers’ criminality here. Note that I’m not entirely … Continue reading
a lie is halfway around the world before the truth can tie its shoes
Two depressing articles have slunk past my nose recently. The first is this one from Washington Post by Phil Angelides: The real causes of the economic crisis? They’re history. and this one from the New York Times by Steven Greenhouse: … Continue reading
this n that
More online news like this, please: New Orleans gets flood help; Memphis breathes easier. Note captions (use “subtitle” option), AND transcript available! Nifty. Although there’s an extremely amusing caption typo at 00:17. Overseeing Government Oversight. Live tweeting of the hearings … Continue reading
this n that
This is how companies are making amazing profits over the last half decade & more while the jobless rate has gone up and wages have flatlined if not declined: Serfing USA: Corporate America Is Robbing American Workers Remember, all during … Continue reading
economic misery
Inequality and Economic Collapses looks over an article analyzing the role of income inequality. There’s been no end of comparisons to the factors leading to the present day Great Recession & the past Great Depression, nevertheless there’s some good stuff … Continue reading
scales of economy
A fantastic outline of how we got to where we are today: Rachel Maddow on Ronald Reagan’s Failed Trickle-Down Voodoo Economics. Mounting State Debts Stoke Fears of a Looming Crisis. Their [financial analysts’] fear is that even when the economy … Continue reading