Category Archives: Banana republic

Can Davos Man Punch the “Great Reset” Button?

The World Economics Forum asks for trouble next year, both ideologically and institutionally.

Risking Nuclear War for Dollars

Why the risk of nuclear war has been and remains much higher than you realize.

Is Donald Trump Likely to Resign?

Looking at some underrated Trump weaknesses.

“A Scandal’: Contracts Show Trump Giving Big Pharma Free Rein to Price Gouge Taxpayer-Funded Coronavirus Drugs

Drug price gouging is so widespread in the US that it seems unlikely that there will be enough outrage to limit coronavirus drug price gouging.

Education 101: Don’t Open a New Charter School in the Middle of a Pandemic

A hard look at charter school misleading ads, racial segregation, and dodgy economics.

New Complaint With California Watchdog Charges CalPERS Board Member Theresa Taylor With Perjury for Filing False Declarations That Hid Over $30,000 of Income; Follows Fines of Board President Jones for Campaign Violations

CalPERS vice president and Investment Committee chairman Theresa Taylor had engaged in an apparent clear cut perjury by failing to disclose income.

The Good, the Bad, and the Ugly About the Fed’s New Credit Allocation Policy

Why using credit as an economic remedy evenutally does more harm than good.

Beneath the Bluster, Boris Johnson’s ‘New Deal’ Offers Nothing New

Boris Johnson’s effort at a New Deal Big Lie goes splat.

Do Cry for Those in Arizona: What Happens When Politicians Disregard Health Care and Public Health Professionals During a Pandemic

How Arizona epitomizes the backwards approach the US has taken to its health care crisis.

WSJ Says Banks Can’t Determine Who Is Credit-Worthy: More COVID-19 Fallout

WSJ says banks can no longer determine who is credit-worthy using existing models – more COVID-19 fallout, this of uncertain magnitude.

Wall Street Journal’s Apologia for Private Equity Letting Companies Go Bust

The Wall Street Journal unwittingy defends private equity destructiveness.

Pentagon Porks Up as Covid-19 Bleeds Economy

Quelle surprise! Pentagon grifting continues apace, even in the face of a full-bore domestic crisis.

Michael Hudson on Coronavirus and Debt Winners and Losers

Michael Hudson explains why debt cancellation and turning banks into utilities is the only sound response to the cornacrisis.