By William K. BlackJanuary 17, 2017 Bloomington, MN The Wall Street Journal recently published a summary of a study of “desired director traits.” A survey of 369 supervisory directors from 12 countries by search and advisory firm Russell Reynolds Associates asked which behaviors they thought are most important to creating a board culture that drives effectiveness and company performance. The Ideal Director’s Traits The study found that the five most highly valued traits in a...
Read More »The New Democrats’ Addiction to Austerity Will Not Die
William K. BlackJanuary 16, 2017 Bloomington, MN I know the Republicans are complete hypocrites about federal deficits and debt. I know their dishonesty and faux deficit and debt hysteria, when a Democrat is president, harms the Nation and the world through the infliction of self-destructive austerity. Austerity’s primary victims are the working class and government social programs for the poor and working class. That means that the Democrats should never mimic the Republicans’...
Read More »IMF Board Response to Lagarde Conviction Reaffirms Institutional Indifference to Corruption
NEP’s Bill Black appears on The Real News Network. Topic of discussion is how the Legarde case reveals how power and money protect the elite. You can view the video below. If you wish to see a transcript, you can view it here. [embedded content]
Read More »White Collar Crime Will Have a Field Day Under Trump
NEP’s Bill Black appears on The Real News Network. Topic of discussion was that none of Trump’s economic picks – which now include three people from Goldman Sachs – were picked for their knowledge of economics. Video is below. You can view the transcript here.[embedded content] Share this:
Read More »The Democratic Party’s “Centrist” Leaders Remain Clueless
By William K. BlackDecember 12, 2016 Bloomington, MN On December 10, 2016, a New York Times article entitled “Democrats Have a New Message: It’s the Economy First” that unintentionally revealed that the Party’s “centrist” leadership and the paper remain clueless about how to improve the economy and why the “centrist” leadership needs to end its long war against the working class. This is how the paper explained the five “centrist” leaders’ framing of the problem. It was a blunt,...
Read More »Jobs, Jobs, Jobs – Not Austerity
William K. BlackDecember 5, 2016 Bloomington, MN Bob Rubin and Alan Greenspan convinced the New Democrats, over a quarter-century ago, that the key to economic growth was to out-Republican the Republican Party in the fervency of their embrace of austerity. This began the long war of the New Democrats against the working class that culminated in the loss of their candidate, Hillary Clinton, to Donald Trump. Rubin’s and Greenspan’s support for austerity constitutes economic and...
Read More »Billionaire ‘King of Bankruptcies’ to Head Commerce Under Trump
NEP’s Bill Black appears on The Real News Network. “Despite promises to ‘drain the swamp,’ Trump chose a man for Deputy Secretary of Commerce who enriched himself at expense of labor and consumers and shipped jobs overseas.” [embedded content]You can view the transcript here. Share this:
Read More »Trump Picks Ex-Goldman Banker Known as ‘King of Foreclosures’ to Head Treasury
NEP’s Bill Black appears on The Real News Network discussing Trumps choice for Treasury Secretary. “The joke’s on you if you thought Trump was going to do anything less than deregulate Wall Street,” says former financial regulator Bill Black [embedded content]You can view the transcript here. Share this:
Read More »The Washington Post’s Propaganda about Russian Propaganda
By William K. BlackNovember 28, 2016 Kansas City, MO The Washington Post has published a fevered piece of propaganda about Russian propaganda. The trouble begins in the headline and the first sentence of the article. The headline is: “Russian Propaganda Effort Helped Spread ‘Fake News’ During Election, Experts Say. The first sentence reads: The flood of “fake news” this election season got support from a sophisticated Russian propaganda campaign that created and spread misleading...
Read More »Howard Dean Wants to Continue Austerity’s Assault on the Working Class
By William K. BlackBloomington, MN November 28, 2016 Howard Dean was attacked by the Democratic Leadership Council (DLC) for the high crime of opposing the second President Bush’s disastrous invasion of Iraq. While I strongly support the candidacy of Representative Keith Ellison to chair the Democratic National Committee (DNC), I am not arguing that Dean is not a progressive voice that needs to be part of the leadership team transforming the Democratic Party. I write to urge him to...
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