Just when many conditions seemed ripe for a progressive political movement, the likelihood is fading fast. Concentrated corporate power over our political economy and its control over peoples lives knows few boundaries.
As Republican investor advocate leader Robert Monks puts it: “The United States is a corporatist state. This means that individuals are largely excluded both in the political and corporate spheres.”
Continue reading "Time for Citizens to Convene"
At a little noticed meeting with Senate Democrats, Warren Buffett, the famous investors’ guru, told the lawmakers that rich people are not paying enough taxes.
A tax increase for the very wealthy? Many of the Senators backed away from that recommendation, even though it came from the world’s second richest man.
Continue reading "A Novel Idea"
The Wall Street gang is at it again! It’s been one year since Wall Street’s collapse and bailout took trillions from taxpayers and the sinking economy. The speculative instruments that pulled down the economy were those super-risky sub-prime mortgages, credit default swaps, collaterized debt obligations—you know—Las Vegas East, using other peoples’ savings.
Continue reading "Rolling the Dice Again"
Ever wonder what’s happening to words once they fall into the hands of corporate and government propagandists? Too often reporters and editors don’t wonder enough. They ditto the words even when the result is deception or doubletalk.
Continue reading "Words Matter"
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