William K. Black September 26, 2017 Kansas City, MO UMKC has just hosted a well-attended conference on Modern Monetary Theory (MMT) and job guarantee (JG) programs in which the federal government would provide the funds for employer of last resort programs. In conjunction, MMT and JG allow full employment to become the norm. MMT is based on reality, it explains how the monetary system in a nation with a sovereign currency actually functions. Most monetary theory taught in...
Read More »Massachusetts First to Sue Equifax Over Massive Hack
NEP’s Bill Black was on The Real News Network and discussing that several government agencies and at least 34 state attorneys general have opened investigations into the Equifax data-breach scandal–which is ‘the gift that keeps on giving.’ You can view with transcript here. [embedded content] [Translate]
Read More »Equifax Data Breach is a 10 out of 10 Scandal
NEP’s Bill Black appears on The Real News Network and discussing the hacking of consumer credit reporting giant Equifax, and the company’s ‘cynical’ handling of it, is a far-reaching disaster that borders on criminal. You can view here with a transcript. [embedded content] [Translate]
Read More »Low Rate of Unionization in US Consequence of Deregulation
NEP’s Bill Black appears on The Real News Network and points out that former Treasury Secretary Lawrence Summers’ recent plea for greater unionization contradicts his actions as a member of the Clinton and Obama administrations, when he promoted financial deregulation, increasing the power of capital. You can view with transcript here. [embedded content] [Translate]
Read More »Trump Proves Again that it is Impossible to Compete with Unintentional Self-Parody
By William K. Black September 5, 2017 Kansas City, MO In my immediately prior article I discussed how Politico fell for Third Way’s dishonest discussion of how Democrats should brand themselves as the party committed to jobs. I explained that progressive Democrats were the party of good jobs in part because they opposed fraudulent for-profit schools while President Trump, the Republicans, and the New Democrats were anti-jobs because they supported the rip offs. Trump, having run a...
Read More »Is Politico or Third Way More Divorced from Reality?
William K. Black September 6, 2017 Kansas City, MO The Wall Street wing of the Democratic Party (Third Way) is relentless in trying to bring back the days in which the Democratic Party’s leaders buried the Party in Wall Street’s pocket under the label “New Democrats.” That period led President Clinton and Vice President Gore to implement disgraceful policies that made Wall Street executives fabulously wealthy at the expense of people. To deliver on their promises to Wall Street,...
Read More »The Right Wing’s Fake Fake News of Hate
By William K. Black September 4, 2017 Kansas City, MO When people do awful things and know they are doing awful things and want to continue to do them they compound their awfulness by playing cute. The cuteness demonstrates that they know that what they are doing is indefensible to moral people. The political “dog whistle” is an example of this cutesy tactic. Rachel Maddow’s September 4, 2017 program presented a classic example. She showed video of a white supremacist/Neo-Nazi...
Read More »Democrats Should Not Rely on Glenn Simpson and His Hit Piece about Trump and Putin
By William K. Black August 27, 2017 Kansas City, MO Like you, I learned recently that Glenn Simpson had given ten hours of testimony before a closed session of the Senate Judiciary Committee and produced tens of thousands of pages of documents to the committee. Simpson founded a company (Fusion GPS) that hired a former British intelligence officer, Christopher Steele to conduct an investigation of Donald Trump’s ties with Russia. Newsweek reports: Following Simpson’s testimony...
Read More »Why Plutocrats Like Carl Icahn Are Almost Never Held Accountable
NEP’s Bill Black appears on the Real News Network and says Trump promised to “drain the swamp” but instead filled his administration with Washington insiders and elite billionaires like Carl Icahn. You can view with a transcript here. [embedded content] [Translate]
Read More »German Documentary About a Trump Real Estate Project
NEP’s Bill Black is interviewed by German news firm ZDF for a documentary regarding a Trump real estate project. Bill appears around the 40 minute mark discussing potential violations of law including conspiracy. You can view here (site is in German). [Translate]
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