Chuck Collins | Inequality.org | – – Bad tax policy ideas never die, they just get recycled. The latest retread is GOP candidate Marco Rubio’s proposal to entirely eliminate taxes on capital gains income. A preferential tax rate on capital gains has always been a staple of GOP tax policy. But only the brazen few […]
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Economy
Poll: Most Americans Want Redistribution Of Wealth
Cenk Uygur and John Iadarola | (The Young Turks Video Report) | – – “Now that Bernie Sanders knows that people will show up and vote for him in large numbers, the attacks from the mainstream and right have begun. But it turns out that his ideas are incredibly popular. Cenk Uygur and John Iadarola […]
Iran: The New China?
By: Pepe Escobar | ( TeleSur) | – – If Iran successfully engages in a Chinese-style economic development program it would further enhance its geopolitical status and significance. It’s currently quite a toss-up when it comes to naming the hardest working man in geopolitical business: Chinese President Xi Jinping or Iranian President Hassan Rouhani. Their […]
Fearing the Bern, Billionaire Bloomberg Threatens to Buy Election for Establishment
By Jon Queally, staff writer | ( Commondreams.org ) | – – Former New York City mayor indicates willingness to spend “at least $1 billion”… especially if Sanders bumps Clinton. Is the real establishment getting worried? As news broke Saturday afternoon that billionaire former New York City mayor Michael Bloomberg is “seriously” considering the idea […]
The Surprising Reasons Oil Prices Keep Falling
By Marcelle Arak and Sheila Tschinkel | (The Conversation) | – – Global stock markets have been in a tailspin this week. And the sinking price of oil received at least some of the blame. Just this week, the cost of a barrel of crude reached a 12-year-low of US$27, down from more than $100 […]
Flint’s water crisis is a blatant example of environmental injustice
Robert D. Bullard | (The Conversation) | – – Many observers see race and class as factors in Flint, Michigan’s drinking water crisis. Earlier this week Flint’s mayor, Karen Weaver, said, “It’s a minority community. It’s a poor community. And our voices were not heard.” We asked Robert D. Bullard, Dean of the School of […]
Arabs Caught between Trump and ISIL: Casino Capitalism driving backward Identity Politics Worldwide
Maged Mandour | ( OpenDemocracy) | – – Backwards looking politics is a malaise affecting both the west and east. It breeds violence as global elites clamber to maintain their grip on power. Flickr/Darron Birgenheier. Some rights reserved.Comments by leading republican presidential candidate, Donald Trump, on banning Muslims from entering the United States garnered […]
Sanders: Michigan Governor Must Resign over Flint Lead-Poisoning Crisis
By Common Dreams staff | ( Commondreams.org) | – – Democratic presidential hopeful U.S. Sen. Bernie Sanders on Saturday called on Michigan Gov. Rick Snyder to resign for his administration’s failure to deal with a lead-poisoning crisis that has sickened thousands of children in Flint, Michigan. “There are no excuses. The governor long ago knew […]
Israel’s working poor
By Jacob Wirtschafter | ( Your Middle East) | A poverty report has added fuel to long-standing debates about religion, intercommunal politics, and Israel’s national priorities. An energy boom and its high-tech achievements as the vaunted “start-up nation” notwithstanding, Israel is seeing more and more of its children living in poverty. Figures released by the […]
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