The mounting threat to climate progress

Will Trumpism, Brexit, and Geopolitical Exceptionalism Sink the Planet? via TomDispatch – by Michael T. Klare

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In a year of record-setting heat on a blistered globe, with fast-warming oceans, fast-melting ice caps, and fast-rising sea levels, ratification of the December 2015 Paris climate summit agreement — already endorsed by most nations — should be […]

Immigrants financials

Trump’s Taco Truck Fear Campaign Diverts Attention From the Real Issues via REUTERS & Financial Times by Mark Thoma September 9, 2016

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Donald Trump would like you to believe that immigration is largely responsible for the difficult economic conditions the working class has experienced in recent decades. But immigration is not the problem. The […]

Infrastructure investments

Building the case for greater infrastructure investment

©AP

There is a consensus that the US should substantially raise its level of infrastructure investment. Economists and politicians of all persuasions recognise that this can create quality jobs and provide economic stimulus without posing the risks of easy-money policies […]

American Antitrust Is Having a Moment: Some Reactions to Commissioner Ohlhausen’s Recent Views

via ProMarket by Chris Sagers

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Over the summer, Federal Trade Commissioner Maureen Ohlhausen took me and several others to task in a speech, subsequently published as a journal article… The theme we’d all written about is whether we in the United […]

Has print media grown a pair?

A Lie Too Far?: by Paul Krugman – N.Y. Times OpEd ************************** I suspect Donald Trump is feeling a bit sandbagged right now, or will be when he wakes up. All along he has treated the news media with contempt, and been rewarded with obsequious deference — his lies sugar-coated, described as “disputed” or “stretching […]

Vulture Capitalists Love It When We Focus On The Insignificant

by Richard @ Flexible Reality – Sep. 17th, 2016

A quick survey of the expressed concerns of Americans reveals a startling fact: we pay an inordinate amount of attention to the insignificant, and ignore the truly important issues. Vulture capitalists love it when we focus on the latter since it mitigates any focus we might […]

A look back – with blinders removed…

The Middle East’s Lost Decade

by Joschka Fischer – Mar. 18th, 2013

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BERLIN – The United States has waged three wars since Al Qaeda’s terrorist attacks on September 11, 2001: against Al Qaeda, in Afghanistan, and in Iraq. The first two were forced upon the US, but the third […]

The Plain and Simple Truth

In spite of the attempts to sugarcoat and obfuscate the justifications for the invasion and occupation of Iraq the evidence is clear and un-spinable – these three men lied on multiple occasions to the American people, and the World community.

a) https://www.theguardian.com/commentisfree/2016/jul/07/blair-chilcot-war-in-iraq-not-blunder-crime

b) http://www.cnn.com/2015/10/26/opinions/zakaria-iraq-war-lessons/

c) http://www.breitbart.com/video/2016/02/14/trump-if-gop-doesnt-admit-iraq-war-was-a-mistake-were-not-going-to-win-the-general-election/

d) http://www.telegraph.co.uk/news/2016/07/02/outrage-as-war-crimes-prosecutors-say-tony-blair-will-not-be-inv/

e) http://www.nbcnews.com/storyline/iraq-turmoil/not-worth-it-huge-majority-regret-iraq-war-exclusive-poll-n139686

f) https://www.quora.com/Was-the-Iraq-War-worth-it

g) https://www.theguardian.com/world/2015/oct/25/tony-blair-is-right-without-the-iraq-war-there-would-be-no-isis

[…]

Saving the soul of democracy – by Bill Moyers

We, the Plutocrats vs. We, the People Saving the Soul of Democracy Posted by Bill Moyers at 4:32pm, September 11, 2016. Bill Moyers

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Sixty-six years ago this summer, on my 16th birthday, I went to work for the daily newspaper in the small East Texas town of Marshall where I grew up. It was […]

The original underclass

via The Atlantic by ALEC MACGILLIS AND PROPUBLICA – SEPTEMBER 2016 ISSUE

Sometime during the past few years, the country started talking differently about white Americans of modest means. Early in the Obama era, the ennobling language of campaign pundits prevailed. There was much discussion of “white working-class voters,” with whom the Democrats, and […]

Keith Olbermann on sTrump

All the primary reasons for the animus in one video:

http://www.gq.com/story/176-reasons-donald-trump-shouldnt-be-president-olbermann

Racism – in the wild and in prison

I WAS A CIA WHISTLEBLOWER. NOW I’M A BLACK INMATE. HERE’S HOW I SEE AMERICAN RACISM.

Jeffrey Sterling – Sep. 13 2016, 6:13 a.m. *******************

I DO NOT like prison. No one should.

It is a strenuous, unceasing effort to cope with the ordeal of being incarcerated at a federal prison. I find […]

Savings accounts are a fraud

Why Are Americans Savers Being Punished, While U.S. Banks Are Making Record Profits?

via PGG Email Msg: Sep. 14, 2016

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Federal Reserve Chair Yellen and the U.S. Government Eye Negative Interest Rates on US Savings Accounts.

“Like money in the bank.” Remember that saying? Saving money was always the ultimate measure […]

The cult of ignorance

The cult of ignorance in the United States: Anti-intellectualism and the “dumbing down” of America

by Ray Williams – psychologytoday.com – Sat, 07 Jun 2014 14:57 UTC

© reddit.com

There is a growing and disturbing trend of anti-intellectual elitism in American culture. It’s the dismissal of science, the arts, and humanities and their […]

Fact checking reviewed

Fact-Checking in the Age of Trump

The business of ferreting out candidates’ whoppers is booming, and no wonder.

NBC host Matt Lauer took flak for failing to aggressively fact-check Donald Trump’s statements at the Commander-in-Chief Forum on Sept. 7, 2016. (Photo by Justin […]

100 Essential Folk Songs of All Time

Folk Alley’s 100 Most Essential Folk Songs

June 19, 2009 – 2:16 PM ET

FROM

Join the discussion at Folk Alley’s Web site – See My MP3 Collection

Folk Alley, the 24-hour online stream of Kent State University’s WKSU, has never hopped on or off any folk-music bandwagons. Which, in turn, makes it […]

…beware, the pitchforks are coming

Beware, fellow plutocrats, the pitchforks are coming (from a TED talk which was transcribed as follows)

In Aug. 2014 Nick Hanauer wrote:

“You probably don’t know me, but like you I am one of those .01%ers, a proud and unapologetic capitalist. I have founded, co-founded and funded more than 30 companies across a range of […]

America – the latest banana republic?

10 Ways America Has Come To Resemble A Banana Republic

On September 5, 2013, Alex Henderson writes on AlterNet:

“In the post-New Deal America of the 1950s and ’60s, the idea of the United States becoming a banana republic would have seemed absurd to most Americans. Problems and all, the U.S. had a lot going […]

And finally, vets respond to the Kaepernick affair

(from an email received today: Sep 3rd, 2016)

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Richard –

Much of the pushback against Colin Kaepernick’s protest against racial injustice in the United States has come under the guise of disrespect for veterans.

So before Thursday’s night game, Kaepernick consulted with a former Green Beret, and decided to take a knee instead of […]

Subprime, CDOs, CDS, and shorting the auto loan market

 

The auto loan market is pretty, pretty reminiscent of the housing collapse of ’08 (Larry David voice). I wonder is there exists a financial instrument which can be used to bet against the auto loan market?

Posted by CHRISTOPHER NASH on JANUARY 27, 2016

Introduction

Exploring payment dates, default rates, and personally going […]