A Battle Over American-Made Products Is Looming and Republicans Are in the Middle of It
Why “Buy American” is going to be a tough sale for Trump.
Read more...Why “Buy American” is going to be a tough sale for Trump.
Read more...Chuck Schumer’s nose is getting so long that he needs to get a hacksaw. That does not not bode well for the Democrats standing up to Trump.
Read more...The widely-reported sale of a 19.5% stake in Rosneft to Glencore and Qatar looks like a sham transaction.
Read more...Neoliberal capitalism has led to underinvestment, lowering productivity and increasing inequality. Will Trump make things better or worse?
Read more...Nancy Altman discusses prospects for privatisation of Medicare and Social Security raised by Trump’s HHS and other nomination announcements.
Read more...Sleep, and capitalism.
Read more...Milwaukee riots and disinvestment, segregated housing, and law enforcement for profit
Read more...A while back I wrote a long piece for Talking Points Memo about the privatization of the criminal justice system. And one thing I learned is that it’s a misnomer to call the two big shots of this industry, Corrections Corporation of America and Geo Group, “private prison companies.” Because prisons are not their most lucrative business line; in fact, they only hold around 8 percent of all U.S. prisoners. In recent years, these companies have diversified into a number of associated businesses, from transportation to electronic monitoring to community corrections.
But their biggest growth opportunity – and if you listen to their earnings statement calls they’ll tell you – comes from federal contracts for warehousing migrants. As much as 45 percent of CCA and Geo revenue comes from the federal government now. And while we don’t normally see the terms of these agreements, the Washington Post unearthed one that is breathtaking in how it slathers private operators in taxpayer dollars.
Read more...The New York Times wraps up a feeble yet costly series on private equity with a cringe-maknig slide show.
Read more...A case study of how privatization vultures weaken public agencies so as to turn them into their prey.
Read more...A well-argued reader rant on an article arguing that drug makers need higher prices to preserve their profits.
Read more...CalPERS ventures into the looting of local populations via investing into a famous toll road-gone-bad deal that has been restructured.
Read more...Like the Bourbons, the Clintons appear to have learned nothing and forgotten nothing.
Read more...Who says Democrats and Wall Street don’t get along? Hedge funds promote a war on teachers’ unions to boost school privatizations.
Read more...The Gates charter school push as a case study in the Trojan Horse of “charitable plutocracy”.
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