( Tomdispatch.com ) – Confession time: this year, I don’t want to buy my kids anything for Christmas. Big one, right? Okay, let me soften that just a bit. I have bought a few modest, useful things. But that’s it! No new games, no new toys, no new clothes (other than socks)… nothing. They already […]
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Neoliberalism
These Real Estate and Oil Tycoons Avoided Paying Taxes for Years: The Secret IRS Files on the .01%
By Jeff Ernsthausen, Paul Kiel and Jesse Eisinger | – ( Propublica) – Here’s a tale of two Stephen Rosses. Real life Stephen Ross, who founded Related Companies, a global firm best known for developing the Time Warner Center and Hudson Yards in Manhattan, was a massive winner between 2008 and 2017. He became the […]
Blame Corporate Greed for Inflation
By Sarah Baron | – ( Otherwords.org) – CEOs are taking every opportunity to further pad their own pockets. Here’s how to hold them accountable. By Sarah Baron | December 1, 2021 With vaccination rates on the rise, Americans are hoping for a return to some semblance of normalcy this holiday season. Unfortunately, as people […]
The “Graveyard Shift” in a Pandemic World: The Real Meaning of Supply-Chain Woes
( Tomdispatch.com) – In mid-October, President Biden announced that the Port of Los Angeles would begin operating 24 hours a day, seven days a week, joining the nearby Port of Long Beach, which had been doing so since September. The move followed weeks of White House negotiations with the International Longshore and Warehouse Union, as […]
The Collapse of Turkey’s Currency fuels Power Struggle
By Bakr Sidqi | – ( Middle East Monitor ) – On what was called “Black Tuesday” in the media this week, the value of the Turkish lira against foreign currencies declined sharply, bringing the exchange rate to 13.5 Turkish liras to the US dollar. While experts on the matter in Turkey and elsewhere are […]
To Tackle Climate Change, Hold Fossil Fuel Conglomerates Accountable
By Samantha Garcia | – ( Inequality.org) – Since the Industrial Revolution, the United States has single-handedly accounted for a quarter of all CO2 emissions produced. As Congress negotiates the details of a historic budget reconciliation package, lawmakers have an opportunity to reverse course, but large fossil fuel corporations are conspiring with politicians through corporate […]
Wealthy Americans Get Paid Leave. Shouldn’t the Rest?
By Sarah Anderson | – ( Otherwords.org) – The fight to guarantee paid sick time and family leave faces an uphill battle, but advocates aren’t giving up. By Sarah Anderson | November 10, 2021 For Ruth Martin, the fight for paid leave is both professional and personal. As Senior Vice President of MomsRising, she’s helped […]
Our Problem isn’t “Supply Chains” – it is that Workers and Truckers are being Stiffed
A chain is no stronger than its weakest link. Weak links have been the story for much of the last year. That should force us to consider the possibility that weak links are not just a sh**t happens event but symptomatic of larger pathologies pervading many of our most basic industries. Consider Boeing, once regarded […]
We don’t need a Debt Ceiling, we Need Gov’t to Invest in Truly Rewarding Jobs
Southwest Harbor, Maine (Special to Informed Comment) – Who is at fault for a standoff on the debt ceiling? Republicans are the obvious choice because when in power deficits don’t matter but out of power deficits and a growing debt are the path to hell. Deficits will burden our grandchildren and so we must accept […]