Category Archives: Banana republic

In Just 44 Days, Liz Truss Has Made the UK Immeasurably Worse

Truss’ legacy will be one of a tanking pound, soaring inflation, and a seemingly inevitably recession.

Wheels Come Off for Tories. Update: Truss Resigns

The Tories, who not long ago seemed poised to permanently cripple Labour, are now in a remarkable crisis with no ready exit.

What Social Security Should Really Be Paying to Survive in This Economy

Inadequate cost of living adjustments are nevertheless giving Social Security gutters new talking points.

An Official Smoking Gun on #CovidIsAirborne Denial by Hospitals Because They Didn’t Want to Spend Money Changing Their Physical Plant

We’ve never had an official come right out and say “We’re not dealing with airborne transmission in hospitals because that would cost too much money.” Well, now one has.

Glacier Northwest v. Teamsters: An Assault on the Adminstrative State?

If the NLRA does not pre-empt management tort claims against unions, the consequences are grave, not just for unions, but for the administrative state as a whole.

Brexit Britain Is All Alone in a Senseless Pursuit of Disaster Capitalism

As other nations return to state-led investment, Truss and Kwarteng act to weaken the democracy, economy and rights of Britain.

Satyajit Das: The Financial Party Is Coming to an Abrupt End

There seems to be no escape from looming economic and financial problems, but the officialdom will do it best to delay the reckoning.

How Ashish Jha and Rochelle Walensky of Newton, MA Protect Their Children from Covid (But not Yours)

But Jha and Walensky aren’t the only residents of Newton, thank heavens.

Satyajit Das: Emerging Market Crisis Pathologies

Why emerging markets look set to suffer a world of hurt.

Private Equity Sees the Billions in Eye Care as Firms Target High-Profit Procedures

Private equity continued to buy up and crapify more medical specialist practices. The latest target is eye care, particularly surgeries.

New USPS Delivery Network: Radically Cutting Rural Service, Headcount; Likely to Further Slow Delivery

The gutting of USPS is accelerating. A step backwards for what passes as American civilization.

Yanis Varoufakis: Time to Blow Up the Electricity Markets

How the EU’s neoliberal Rube Goldberg electricity market has made the energy shortage problem much worse than it needed to be.

Congressional Sausagemaking, or How Inflation Reduction Became Fossil Fuel Export Promotion

How Manchin and Sinema got dirty energy goodies and financier breaks into the Inflation Reduction Act.