Archive for the 'Economy' Category

FACING 45 YEARS FOR THE CRIME OF JOURNALISM…

October 22nd, 2016

Muckraking is a proud and storied tradition for Journalists in America. Perhaps my favorite example is Ida Minerva Tarbell, the woman who singlehandedly brought down the giant that was Standard Oil. In my lifetime I have followed the journalistic careers of I.F. Stone and Roldo Bartimole. Judge John Grinsteiner threw out rioting charges related to […]

TRUMPS TAX RETURNS ARE LIKELY WORTHLESS…

September 30th, 2016

What is Donald Trump hiding? When any of Hillary Clinton’s staff and supporters talk about Trump’s tax returns, that’s the question that they ask. They pretend that Trump’s tax returns have any real meaning. They don’t. The don’t for two reasons: first, we’re not tax lawyers able to decipher the Byzantine code we’ll find there; […]

OOPS…!

September 15th, 2016

Setting a precedent, no matter how carefully considered, always reveals unintended consequences. Or, we are meant to believe that is true. The writer in me wants to believe that FBI Director James Comey is way smarter than people want to believe and that he is playing a very deep, deep game. Here’s my tin-hat conspiracy […]

DEMOCRACY OR PLUTOCRACY, WE GET TO DECIDE…

September 12th, 2016

Reading Bill Moyers’ speech this morning reminds me of the message that Roldo Bartimole has shared with his readers for decades: that the rich and privileged think that their wealth and power is somehow a right and lesser beings just have to accept that reality. Moyers, writing in We, the Plutocrats vs. We, the People: […]

PUT THE ORGANIZED BACK IN LABOR DAY…

September 5th, 2016

To be alive and working in the United States of America in the 1950’s was something of miracle. You were living in the world’s greatest nation and the booming middle class was fueling an economic expansion unlike any the nation had experienced and one in three workers was a member of a union. That number […]

SECRETS OF A GLOBAL SUPER COURT: PART I
WHEN A FEW ARE MORE EQUAL BEFORE THE LAW…

August 31st, 2016

Corporate society takes care of everything. And all it asks of anyone, all it’s ever asked of anyone ever, is not to interfere with management decisions. —Bartholomew What happens when real multi-national corporations aspire to the level of dominance voiced by the character of Bartholomew (played by John Houseman in the 1974 film, Rollerball? You […]

THOMAS FRANK ON THE EVILS OF MERITOCRACY…

August 30th, 2016

Thomas Frank sat down for an interview with Kathy Kiely published in Author Thomas Frank Talks Hillary Clinton, Bernie Sanders and His New Book, ‘Listen Liberal’ at Bill Moyers & Company. Frank took Kiely over a number of jumps, but the theme of meritocracy vs. solidarity resonated with me. One of the things about a […]

SO MANY BOOKS, SO LITTLE TIME…

August 25th, 2016

Oh gawd! I do not need another suggested reading list to make me feel even less informed and lazy. Curse you Ralph Nader! Ralph Nader, writing in Readers Think. Thinkers Read, suggests: Here are my recommended books to read for the late summer holidays. The Green Cowboy: An Energetic Life, by S. David Freeman, Authorhouse. […]

OR HE WENT TO HARVARD LAWLESS SCHOOL…*

July 21st, 2016

*Harvard Lawless School…

GROUND ZERO, CLEVELAND AND DONALD TRUMP…

July 17th, 2016

In Nothin’ But Blue Skies: The Heyday, Hard Times, and Hopes of America’s Industrial Heartland, Edward McClelland wrote in 2013: [Cleveland’s Slavic Village] was more than 50 percent African-American. After the slumlords came the speculators, the house-flippers. Ohio had some of the weakest lending laws in the nation. Slavic Village, a neighborhood full of unwanted […]

WASTE NOT, WANT NOT; AMERICAN INDIFFERENCE…

July 14th, 2016

An urban legend is told by baby boomers of being harshly instructed by their parents to clean your plates because there are starving children in India who would love to have that food. The smartass response, also an urban legend, is the kid who whips out a large manila envelope addressed to “The Starving Children […]

THE BOSSES GET RICHER, THE REST GET POORER…

July 11th, 2016

Ralph Nader, writes in Vanishing the People’s Wealth to Make the Bosses Richer: Imagine you are a shareholder in a big company and the top executives are sitting on huge amounts of cash and are not interested in putting it to work through productive capital investments, research and development, reducing company debt or paying employees […]

QUITE THE SILLY OLD COUNTRY INDEED…!

July 1st, 2016

RULE NO. 1: NEVER TRUST YOUR BROTHER-IN-LAW…

June 13th, 2016

SO, JUST WHO ARE THE 3 PERCENT…?

May 6th, 2016

I’ve posted this video from Jimmy Kimmel elsewhere, but I think what Kimmel, and the very real scientist involved, have to say is bears repeating. Lack of unanimity is not the same as controversy. Right and wrong are not relative equals to be reported and decided upon, Facts are not convenient or inconvenient data points […]

THANK GAWD, THE VULTURES ARE HERE…

May 2nd, 2016

Mike DeBonis, reporting in Default at hand, Congress faces new pressure to act on Puerto Rico for The Washington Post writes: Hours before Puerto Rico missed hundreds of millions of dollars of bond payments, U.S. Treasury Secretary Jack Lew on Monday issued a new and urgent call for Congress to pass legislation allowing the territory […]

IS A 95 PERCENT SCORE GOOD ENOUGH FOR YOU…?

April 11th, 2016

I’ve never checked my credit score, I have no idea what the credit reports (or background checks) have to say about me, but I do know—thanks to the Internet—that I share my name with a lot of people and that I’ve lived—thanks to the Navy—in a lot of different places. I don’t think that I’d […]

MATT TAIBBI NAILS THE NUT OF TOO BIG TO FAIL

April 11th, 2016

Nobody fucks with the proverbial 800-pound gorilla because, well, King Kong. The only way to deal with a monster is to either a.) become a monster yourself—Predator vs. Alien—or b.) shrink the monster down to a manageable size. Bernie Sanders thinks that path taken by Trust Teddy Roosevelt is the better way, but Hillary Clinton […]

CLEVELAND CITED MOST DISTRESSED AMERICAN CITY

February 27th, 2016

Unfortunately, a new study identifying stressed cities by zip codes has Cleveland top the list of the largest 100 cities cited by the Economic Innovation Group, a new non-profit research and advocacy group. The report (download the PDF) belies all the happy talk you get from the Cleveland news media. The kind of media that […]

I’M, WE’RE ALL, LOSING MONEY AT THE BANK…

November 1st, 2015

People sometimes wonder why I stock up on non-perishable goods so much. I’m not a hoarder and I’m not worried about the zombie apocalypse. I just think that since the interest rate on my saving account—0.05 percent—is less than inflation (1.62 percent in 2014) that I’m ahead if I buy goods for tomorrow with today’s […]

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