Sunday , September 25 2022
Home / Tag Archives: William K. Black (page 10)

Tag Archives: William K. Black

Jared Bernstein Shows the Costs of Not Understanding Sovereign Currencies

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 »

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 »