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Monthly Archives: July 2011
Michel Rocard on the possibility of another financial crisis,via Project Syndicate
http://www.project-syndicate.org/commentary/rocard35/English 'Simply put, there are no brakes that could stop the global economy from blundering into another financial crisis. Tax havens remain numerous, and their regulation anarchic. The skimpy enforcement measures undertaken by bank regulators since the crisis are nowhere … Continue reading
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Almost Marx on Invoking the 14th Amendment
http://www.salon.com/news/politics/war_room/index.html?story=/politics/war_room/2011/07/30/debt_ceiling_14th_amendment&source=newsletter&utm_source=contactology&utm_medium=email&utm_campaign=Salon_Daily%20Newsletter%20%28Not%20Premium%29_7_30_110 Here is Steve Kornacki reporting for Salon on the Republican Party kowtowing to the radical fringe of political nihilists, namely the Tea Party, who do not believe in any concept of governance, but believe and practice the concept of … Continue reading
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My Reply to a Paul Krugman Post in NYT
http://krugman.blogs.nytimes.com/2011/07/29/mystery-man/?smid=tw-NytimesKrugman&seid=auto When do we face the rather unpalatable truth that President Obama is weak, utterly weak, with the dregs of Clinton era economic thinkers as self-chosen advisers. The economic reform of 1999 signed by Clinton did its insidious work by … Continue reading
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A Brief History of Neoliberalism by David Harvey on You Tube
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In Praise of Political Purity and the Permanent Insurgency by Political Observer
http://www.washingtonpost.com/opinions/why-the-tea-party-is-unyielding-on-the-debt-ceiling/2011/07/27/gIQAGvEVdI_story.html?wpisrc=nl_opinions Here is the ‘Leader’ of the Tea Party movement explaining the moral and political necessity of Austerity, of fiscal responsibility, in the age of the failure of American Capitalism, post financial reform. Mr. Judson Phillips core belief is … Continue reading
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Current Reading: Enlightenment Against Empire by Sankar Muthu
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Katrina vanden Heuvel: Invoke the 14th
http://www.washingtonpost.com/opinions/invoke-the-14th–and-end-the-debt-standoff/2011/07/01/gHQAUif8yH_story.html 'There are reasons why such a solution is less than ideal. There ought to be some concern about executive overreach; the very idea of the president deciding which laws are and are not constitutional has disturbing ramifications. And to … Continue reading
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Robert Scheer:Debt Madness
http://www.truthdig.com/report/item/debt_madness_was_always_about_killing_social_security_20110727/ 'What is at stake is a radical Republican agenda to totally reverse the progress in economic justice that began with the great reforms of Franklin Roosevelt and his New Deal. Consider the direct consequence of the economic crisis that … Continue reading
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