Tag Archives: politics

What Kurt Eichenwald says – Saving the Republic When I’m not reading and writing about the economy, I do occasionally comment elsewhere on political topics. So it was on Thursday when, in response to this post asserting that Democrats were powerless to do anything – (including enforcing THEIR OWN GODDAM SUBPOENAS!) – and that it was “green lantern-ism” to believe otherwise, I decided I had had enough (see comment #25), for which I was called a “kook” and...

Take Your Pick of Left Wing Climate Change Narratives: Green Abundance or Righteous Austerity While I was preoccupied with other things, the US left settled on a pair of competing climate change narratives.  By the time I looked, the choice was down to just these two, and no other views could be considered. View #1, Green Abundance, is that combating climate change means unleashing the power of renewable energy.  Fortunately, according to this story,...

The Strike On Saudi Oil Facilities This is going to be a tentative post because there is much that remains unclear. What I am going to do is to make it clear that stories that are being told by US authorities and largely repeated by the MSM with little critical commentary is highly questionable. As it is, it looks like the economic impact of the knocking out of about 60 percent of Saudi oil processing capacity by an attack by 20 drones will not amount to...

About the time I finished up my post on Biden, I get this article from Dan discussing how Biden is kissing the butts of drug companies to more-than-likely get campaign donations. Everyone else has been concentrating on individual (you know people of lesser means) donations and many candidates have refused to take corporate donations. Biden is not ashamed to take money from corporations. Gee, whata surprise! Candidate Joe Biden: “By the way, great drug...

Dean Baker considers whether Trump’s group of supporters would be able to manipulate the bureacracies of the federal government to alter the economic outlook of the nation in a more expansive way than Larry Kudlow and others, but the data itself ( if that is even needed?)  He says not likely, but how creative would one need to be? Dean Baker wonders out loud… Would Trump Try to Manipulate Economic Data Before the Election? I talked to a reporter last week...

The other night, ten Democratic presidential, hopeful, nominees took stage and debated their plans for America’s future. There never was a mention beyond a few garbled words hastily thrown together about an issue which is plaguing many young voters ing to raise families and one which has surfaced in my community, the shortage of affordable homes. Senator Elizabeth Warren knows of the issue as she has discussed it in one of her talks, “The Two Income...

Joe knows the answer to this question and he is baiting the other candidates. Joe has a history of supporting big business interests as witnessed by his aggressive support of the banking industry with bankruptcy laws favoring banking against the needs of citizens and with a special intended harshness when it comes to student loans. Joe has sponsored or cosponsored every bankruptcy bill since 1997. With his question and his healthcare bill, I believe Joe ...

Whither Ukraine? Or “wither Ukraine?” some might suggest?  But no, after nearly 30 years of serious economic stagnation and massive corruption, along with losing territory to neighboring Russia with whom it has on ongoing military conflict, things are looking up there.  GDP grew at 4 percent annually last quarter.  The  hryvnia currency has been the second most rapidly rising currency in the world during 2019.  There has even been a prisoner exchange...

It’s That Day again. I mostly stayed off Facebook (except for birthday greetings) and Twitter, but even LinkedIn has posts of now-yellowed newspaper articles of survivors–and probably some of those who didn’t. In another ten years, it will be as far from 11 Sep 2001 as that date was from 11 Sep 1973. At least now, most people know what a sh*t Rudy Giuliani was, both in setting up the firefighters for disaster and moving the NYC Office of Emergency...

MbS Consolidates Immediate Family Control Of Saudi Oil Industry Saudi Oil Minister al Falih, who also ran ARAMCO, has been replaced by Abdulaziz bin Salman bin Abdulaziz  al Sa’ud, half brother of Crown Prince Mohammed bin Salman bin Abdulaziz al Sa’ud, (MbS),who was Ambassodor to the US untile the Khahoggi murder got hot between USA and KSA. The New York Times claims that this is part of an effort by MbS to modernize the Saudi economy, an ongoing line...