Economy

McConnell Cynically used the Trump-Monster to get Tax Cuts and SCOTUS, Now Dropping him like a Squeezed Orange

Ann Arbor (Informed Comment) – In Chapter 7 of F. Scott Fitzgerald’s The Great Gatsby, the enormously wealthy Jay Gatsby becomes concerned about word getting out that he is having an affair with Daisy, who is married to Tom, and abruptly stops having the big parties he had been throwing, to which assorted society flotsam […]

Banking

Letting the Markets go Wild while the People Go Down: A War of the Worlds

Tomdispatch

By Nomi Prins | – ( Tomdispatch.com ) – Sometimes things only make sense when seen through a magnifying lens. As it happens, I’m thinking about reality, the very American and global reality clearly repeating itself as 2021 begins. We all know, of course, that we’re living through a once-in-a-century-style pandemic; that millions of people […]

Donald Trump

Biden to invoke Defense Production Act for Vaccine manufacture. Trump? Playing Golf at Mar-a-Lago

Juan Cole

Ann Arbor (Informed Comment) – Will Feuer at CNBC reports that Joe Biden will invoke the Defense Production Act to ramp up the manufacture of more doses of the coronavirus vaccine. You may ask yourself, why has this not already been done? Trump said on December 9 that he “might” invoke the Korea War-era act, […]

China

How incompetent Boob Trump took down America and launched the Chinese Century

Juan Cole

Ann Arbor (Informed Comment) – The twentieth century was dubbed “the American Century” in 1941 by Time magazine publisher Henry Luce. Luce hoped that Americans would abandon their isolationism and seek international allies, joining against the Axis in WW II. It was then more wishful thinking on his part than reality, but his wish arguably […]

African-Americans

How COVID-19 Hollowed Out a Generation of Young Black Men

ProPublica

By Akilah Johnson and Nina Martin | – ( ProPublica ) – The Rev. Dr. Kejuane Artez Bates was a big man with big responsibilities. The arrival of the novel coronavirus in Vidalia, Louisiana, was another burden on a body already breaking under the load. Bates was in his 10th year with the Vidalia Police […]

Banking

Top Ways British Trumpism, a.k.a “Brexit” Will make Britain Poorer and Weaker, but also more Muslim

Juan Cole

Ann Arbor (Informed Comment) – Boris Johnson’s government has achieved a relatively “hard Brexit” at the last minute, reaching a deal on its departure from the European Union. This is a triumph for British Trumpism, and it is no wonder that Trump himself was a cheerleader for it. It is economically a bad deal for […]

Debt

Austerity Terrors: Congress Stimulus Package Finally Passes – but it is Too Little, Too Late

John Buell

Southwest Harbor, Maine (Special to Informed Comment) – 900 billion dollars is a big amount, Apparently one trillion is a whole order of magnitude greater. Or at least the number is so terrifying that politicians bend heaven and earth to avoid being connected with trillion dollar expenditures. And this allergic reaction is bipartisan. In the […]

Donald Trump

White House Partying like it is 2021, with a Covid 9/11 Death Toll Every Day

Tom Engelhardt

( Tomdispatch.com) – ‘Tis the season to be folly Fa-la-la-la-la, la-la-la-la Don(ald) we now our gay apparel, Fa-la-la-la-la, la-la-la-la!… It’s party time in the nation’s capital and the Christmas spirit reigns supreme, even if the Texas Republican Party does want to secede from the Union. I mean, who doesn’t? And hey, don’t you want to […]

Employment

Mitch McConnell Wants to Let Corporations Kill You

Thom Hartmann

( Otherwords.org ) – The Senate GOP leader’s refusal to pass COVID-19 aid without corporate immunity should be the scandal of the year. By Thom Hartmann | December 16, 2020 Probably the most under-reported story of the year has been how Mitch McConnell is holding Americans hostage in exchange for letting big corporations kill Americans […]