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Archives: Economy

The Trump Presidency: How to Further Enrich the Masters of the Universe (Chomsky)

By Noam Chomsky and David Barsamian | (Tomdispatch.com) | - - [This interview has been excerpted from Global Discontents: Conversations on the Rising Threats to Democracy, the new book by Noam Chomsky…

We Get Sick, They Get Rich

by Sam Pizzigati | ( Inequality.org ) | - - Our ‘free market’ health care system gives CEOs the freedom to squeeze us. Blogging Our Great Divide. Our current health care system…

UK: Is Corbyn’s call to Nationalize Utilities the end of Neoliberalism?

By Andy Price | (The Conversation) | - - Let’s be under no illusion about the significance of what we have just seen: a Labour Party leader calling, at the party’s annual…

After Hurricane, Trump Reminds Puerto Rico of ‘Massive Debt’

TeleSur | - - “Maria has left behind her a trail of devastation and a humanitarian crisis,” said the mayor of San Juan, Puerto Rico's largest city. As Puerto Rico struggles to…

Why Black Athletes might be Protesting: Racial Inequality Growing

By Dedrick Asante-Muhammad and Chuck Collins. | ( Inequality.org ) | - - As our country becomes more diverse, our racial wealth gap means it's also becoming poorer. America’s middle class is…

How Colonialism, Inequality turbocharge Caribbean Hurricanes

By Levi Gahman and Gabrielle Thongs | (The Conversation) | - - Hurricane Maria, the 15th tropical depression this season, is now battering the Caribbean, just two weeks after Hurricane Irma wreaked…

How GOP plans to repeal Health Care will blight millions of Lives

By Simon Haeder | (The Conversation) | - - At the end of July, the nation held its collective breath as Senate Majority Leader Mitch McConnell (R-Ky.) looked poised to achieve his…

Those 90 Companies that Caused Climate Crisis? They Should Pay for It

By Sarah van Gelder | Yes! Magazine | - - The companies responsible for the climate crisis should cover the costs of fighting wildfires and recovering from hurricanes. Pacific Northwest forests are…

Superstorm Donald Hits GOP, aims to Ravage US

By John Feffer | ( Foreign Policy in Focus ) | - - If Trump succeeds in ramping up military spending and gutting everything else, we’ll be left with a bunch of…

AT&T and Verizon Need to Hang Up On Fossil Fuels

By Todd Larsen | Otherwords.org | - - One text at a time, America's largest telecommunications companies are fueling climate change. Smartphones are a huge part of our lives. We use them…

Tax Cuts for the Rich Help the Rich, Not You

By Josh Hoxie | ( Inequality.org ) | - - Big money will pull out all the stops to sell you a tax plan that exclusively benefits the wealthy. Don’t buy it.…

Why Climate Criminals like Exxon should pay for Hurricane Destruction

By Jake Johnson, staff writer | ( Commondreams.org) | - - "It may take tens to hundreds of billions of dollars to support disaster relief and recovery among Gulf Coast communities affected…

Trump “presidency” as Ponzi Scheme: Madoff in the White House?

John Feffer | (Foreign Policy in Focus) | - - Here and abroad, Trump's wealthy backers understand that his populist rhetoric is a masquerade. In 1993, I arrived one fall evening in…

Green Energy Jobs: Top 7 Pieces of Rare Good News for US Workers on Labor Day

By Juan Cole | (Informed Comment) | - - 1. The Christian Science Monitor says that in 2016, US solar businesses employed 260,077 workers – up 25 percent from 2015. 2. That…

Media Ignore Harvey’s Devastation of Working Class Communities

By Jake Johnson, staff writer | ( Commondreams.org) | - - "Hurricanes don't care if you're rich, poor, white, or black—but that doesn't mean that every person is equally vulnerable to a…

Where Do “Alt-Right” Groups Get Their Money?

AJ+ | (Video News Report) | - - "As white nationalists protest across the country, we wanted to know who's financially funding their hate. And there's more money in it than you…

Remember GOP in Texas opposing Aid for NY after Sandy? Now they want Aid

By Jake Johnson, staff writer | ( Commondreams.org) | - - Ted Cruz, who voted against a relief package for states impacted by Hurricane Sandy, urged President Trump on Friday to quickly…

Germany’s Merkel: A Selfish & Isolationist America isn’t “Great Again”

By Juan Cole | (Informed Comment) | - - In an interview with Handelsblatt , German Chancellor Angela Merkel took on Donald Trump's philosophy directly. She said that Trump's isolationism cannot make…

Bannon must go, but after that, Protesters should listen to Bernie

By Juan Cole | (Informed Comment) | - - Steve Bannon ran, and is still likely pulling the strings at, Breitbart, the "Stormfront" in a business suit with a skinny tie. Bannon…

As Trump leaves Paris Accord, Wind jobs are fastest growing in US next Decade

By Juan Cole | (Informed Comment) | - - CBS News reports that jobs in the wind energy field will grow 108 percent in the next 7 years. Working on wind turbines,…