To guarantee a living wage, make government the employer of last resort

Facebook Tweet Reddit
Economist Kelton’s fix for employment: “Create competition” between gov’t and the private sector for employees.

“80% of all the income gains since start of recovery have gone to the top 20%”

Facebook Tweet Reddit
Is there “burnable carbon”? Economist Kelton says there better be, because we’re not stopping.

Legal bribery: Tim Geithner earns $400,000 for 3 speeches on Thank You Street

Facebook Tweet Reddit
Geithner made sure Goldman Sachs got 100 cents on the dollar in the AIG bailout. Now it’s his turn for thanks.

Think your bank deposits will always be 100% guaranteed by the FDIC? Think again.

Facebook Tweet Reddit
The US, UK and NZ have contingency plans to possibly institute Cyprus-style bank deposit confiscation.

“Capitalism never solves its crisis problems; it moves them around geographically”

Facebook Tweet Reddit
A great animated explanation of why modern capitalism is a world of constant crisis.

Free trade and unrestricted capital flow: How billionaires get rich and destroy the rest of us

Facebook Tweet Reddit
“Free trade” is why they’re obscenely rich, we’re poorer by the day, and world economies regularly crash.

Austerity’s next victim: Portugal

Facebook Tweet Reddit
The Portuguese economy has retracted worse than expected due to GOP-style austerity measures. Surprise!

Ed Asner narrates “Tax the Rich: An animated fairy tale”

Facebook Tweet Reddit
The solution to our problems is simple: We must tax the rich. When will we accept that simple fact?

No austerity anywhere in the world has restored a national economy

Facebook Tweet Reddit
The song of the predator class — “All your money are belong to us.”
© 2020 AMERICAblog Media, LLC. All rights reserved. · Entries RSS