Southwest Harbor, Maine (Special to Informed Comment) – As Congress gets set to debate the Biden Pandemic relief package, one of the favorite Republican lines is the contention that an economic recovery is already well underway. Pouring more money into an accelerating economy is likely to induce seventies style inflation. It is time, they argue, […]
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Economy
Who were the Republican Senators afraid of when they Acquitted their own attempted murderer?
Ann Arbor (Informed Comment) – The odious Trump once smugly observed that “I could stand in the middle of 5th Avenue and shoot somebody and I wouldn’t lose voters.” When it comes to the Republican base, he was clearly correct. The opinion polling shows that registered Republicans still overwhelmingly support Trump even after he unleashed […]
America’s Transition Away from Democracy and the World’s Wave of De-Democratization
Ann Arbor (Informed Comment) – The twentieth century was in the eyes of some observers an uneven but steady march to democracy. Those who study transitions from authoritarian governments to democracy have defined a successful transition as characterized by two elections in a row, where all parties agree on the rules of the game, and […]
The Gamestop Affair shows that America is over-financialized and needs a tax on speculation
Southwest Harbor, Maine (Special to Informed Comment) – It would be unfair to suggest that the titans of Wall Street are oblivious to poverty. One of their central themes is the role that financial literacy can play in teaching citizens how wealth is acquired and maintained. In their worldview saving and investing in the stock […]
City-State or Empire? The United Arab Emirates Seeks dominance in the Horn of Africa
By Usman Butt | – ( Middle East Monitor) – Since the 2011 Arab Spring the United Arab Emirates has been taking an active role in a number of hotspots from Egypt, Libya to Yemen. The Gulf nation has spent $26 billion annually on its defence budget since 2016 and this is expected to increase […]
Failures of Democracy in America and the Arab Spring
Ann Arbor (Informed Comment) – Today is ten years since Egyptian youth gathered in Tahrir Square in downtown Cairo demanding the resignation of Egypt’s brutal and corrupt Interior Minister, Habib Adly. Even those who called for the rally were surprised by the thousands of youth and workers that showed up, on Egypt’s Police Day, and […]
The Other Capitol Mob: How the Billionaires funded the Insurrection
Much to the embarrassment of major corporations, their political donations were traced to the mayhem of January 6. ( Otherwords.org ) – You can’t poke into any issue in Congress without stumbling over sacks full of corporate campaign donations. The recent eruption of pro-Trump mob violence inside the U.S. Capitol exposed boodles of that special […]
With Yellen at Treasury, Can we Finally get a Progressive Carbon Tax?
By Rachel Kyte | – Janet Yellen is poised to be the next U.S. Treasury secretary, and her inbox will require every ounce of her vast experience to pilot the economy through a daunting confluence of challenges. How the U.S. manages the economic recovery from COVID-19, the financial risks from climate change and inequality together […]
Can Biden’s $15/ hr Minimum Wage begin restoring Working Class trust?
Southwest Harbor, Maine (Special to Informed Comment) – Watch CNN almost any time lately and one is inundated with scenes of the lethal riots in the Capitol. And in an era when every man or woman is their own video journalist new and often terrifying footage is released on a continuing basis. Along with footage […]