Archive for the 'Economy' Category

WRONG ABOUT CORPORATIONS SINCE 1982…

September 16th, 2017

Ralph Nader has crushed a misconception I’ve touted as law for years. I can’t begin to number the times I’ve said that corporations have one, and only one legal obligation: to maximize shareholder value. I was wrong. Not only was I wrong, but I’ve been wrong since 1982, which means that I was never right […]

IMF DECLARES NEOLIBERALISM TO BE REAL…

August 18th, 2017

So, this long-read caught me off guard. I had no idea that Neoliberalism wasn’t real. I thought the concept had been around since the ’90s (actually the ’30s). Who knew? Stephen Metcalf, reporting for The Guardian in Neoliberalism: the idea that swallowed the world explains: Last summer, researchers at the International Monetary Fund settled a […]

RICH-BOY GAMBLING CASINO TAKES ANOTHER HIT…

August 17th, 2017

While of late Matt Taibbi, the heir to Hunter S. Thompson has been writing mostly about our current political nightmare, I first came to his writing because of his ability to yank back the curtain on the arcane world of rich-boy gambling known as Wall Street. It was Taibbi that I first heard about the […]

NOW FLAKE IS WORRYING ABOUT TRUTH…?

August 7th, 2017

Senator Jeffry Lane Flake, R-Az., (a fourth, no second “e,” spelling for our shared name) wants to be the Republican party’s next faux maverick. Now that the Republican Party is crashing down around his ears, Flake thinks that the way out is to now, NOW? to tell the truth? Flake, Whining in Conservatives face a […]

AMAZON IS A BIGGER SNAKE THAN EVEN WALMART…

July 6th, 2017

I’ve been a regular shopper at Whole Foods at both the University Heights and Woodmere locations. I made a point recently of stopping in at both stores to inform management that I’ve always enjoyed shopping in their stores and that I was saddened to think that I could not do so any longer. The reason? […]

IN THE U.S. WE PAY MUCH MORE FOR MUCH LESS…

July 3rd, 2017

Writing in America’s broken healthcare system—in one simple chart for The Guardian, Mona Chalabi explains: Healthcare in America is more expensive than in any other rich country. In 2016, the average American spent $4,571 on their health—a figure five times higher than the average out-of-pocket spending of other countries in the Organization for Economic Cooperation […]

GIVE ROBERT GREENSTEIN A SERIOUS LISTEN…

June 18th, 2017

I sat in my car this morning listening to Robert Greenstein deliver his City Club of Cleveland presentation: The budget would turn back the clock even farther to before the 1960s.. You should listen as well. Seriously.

FINANCIAL IGNORANCE ENABLES OUR OPPRESSORS…

April 11th, 2017

In my day job I work with a range of students to help them more from their studies. While my work covers the gamut of topics, I probably spend more time on maths skills than any other subject. One of the messages I do my best to reinforce with my charges is that those who […]

THIS IS WHAT FAKE NEWS LOOKS LIKE…

March 30th, 2017

No. Not Derf’s cartoon, this. I’ve long been an advocate for buying local, for keeping the money I spend in the local economy and not sending my dollars out of state and out of the country to benefit people who are not my neighbors. This morning I was going to post Derf’s work with a […]

WELL $65 ISN’T 50 P, STILL, HOWEVER…

February 24th, 2017

Just in case you needed a reminder…

THE AMERICAN DREAM CAN BE A NIGHTMARE…

February 22nd, 2017

When the economy allowed us to live in the same community and draw a paycheck from the same company for decades, then buying a home, putting down roots, made a lot of sense. That was the American dream. That dream went away with globalization and the rise of economies that were not as great as […]

RENACCI RUSHES TO FURTHER GUT PROTECTIONS…

January 17th, 2017

House Resolution 5, The Regulatory Accountability Act of 2017—obfuscately described by sponsor Bob Goodlatte (R-VA-6) as a bill: To reform the process by which Federal agencies analyze and formulate new regulations and guidance documents, to clarify the nature of judicial review of agency interpretations, to ensure complete analysis of potential impacts on small entities of […]

HOW POOR CAN YOU BE AND BE ON THE LIST…?

January 16th, 2017

Over the last few days I found myself wondering just how much money you need to be on the list of the 400 wealthiest Americans. The number comes from Forbes which annually publishes the Forbes 400. The most recent list, 2016, puts Bill Gates at the top with $81 billion, $14 billion ahead of No. […]

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 […]

Next »