Category U.S. Economy
Tax resistance — in all its forms — does matter.
This trillion dollars easily breaks the budget on already prohibitively high military spending, and it’s just one of many schemes likely to be adopted.
If the GPI is right about what produces peace, you’d have to conclude that the US is heading toward increased violence.
Most of these people with offshore accounts are just trying to avoid paying taxes, but many of them are corrupt politicians and other criminals.
The United States could put an end to poverty in this country by a substantial reduction in its enormous military budget. To do this would require a well-funded campaign, and how could the peace movement begin to amass funds sufficient to challenge those provided lobbyists by the military-industrial complex? Lobbyists, in turn, use whatever means are legal (usually, that is) to influence the lawmakers to enact legislation benefiting the arms makers.
Saul: And what they did, most universities, was they did an intellectual cleansing of the economic historians to remove the possibility of doubt, the possibility of speculation on ideas, leaving these sort of hapless–mainly hapless macroeconomists, who fell quite easily into the hands, frankly, of the ideologues, the neoliberals, neoconservatives…
Beyond Outrage, Reich: What has gone wrong with our economy and our democracy, and how to fix it.
Bilmes: We have been using entirely borrowed money to finance our wars.
How Data-Collecting Corporations and Snooping Government Agencies Are Destroying Democracy”
Queer activist Yasmin Nair says that the fight for gay marriage was driven by an elitist, conservative movement.
a truly revealing leading indicator in politics is the moment when those on one side of the political debate are forced to talk about the problems that the other side sees as most pressing. Doing so inevitably reinforces their opponents’ worldview and suggests a retreat from their own ideology.
Congress is now controlled by politicians who raise money and win reelection by granting political favors to their supporters. For example, high-priced lobbyists for Wall Street first devised the deregulation that made too-big-to-fail banks possible, and then fashioned the faux financial fix-it legislation that followed the 2008 economic crisis. These new laws featured a “highly complex stew of new regulations” that could not be well implemented and “would likely not solve the underlying … problem even if they were.”
The Massachusetts senator sure won’t let big banks get away with the kind of blatant robbery other members of Congress seem perfectly happy to allow. Friday, Elizabeth Warren gave a scathing speech against bank bailouts on the Senate floor that has some proclaiming it may be the kind of address that gets her elected president of the […]
Much of North Dakota’s oil is being transported by rail, rather than through pipelines, which are the safest way to move crude. Tank carloads of crude are up 50 percent this year from last. Using rail networks has saved the oil and gas industry the time and capital it takes to build new pipelines, but […]