Steven Pressman | (The Conversation) | – – The U.S. middle class has always had a special mystique. It is the heart of the American dream. A decent income and home, doing better than one’s parents, and retiring in comfort are all hallmarks of a middle-class lifestyle. Contrary to what some may think, however, the […]
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Plutocracy
Yes, America, there is a Class War, and you Just Lost It
By Juan Cole | (Informed Comment) | – – The Republican Party did not just overhaul the tax code and they did not cut “your” taxes. They engineered a coup against the middle and working classes and they threw enormous amounts of public money to private billionaires and multi-millionaires. Americans do not understand this sort […]
The GOP Tax Plan Will Complete the Destruction of America’s Middle Class Wealth
By Bob Lord | ( Inequality.org ) | – – In fact, if the GOP tax plan becomes law, we may be looking at a future where our 1,600 richest hold more wealth than the nation’s entire middle class. The wealth of America’s middle class, under siege for four decades, is now hanging on life […]
FCC begins restoring Corporate Privilege to the Internet
By Juan Cole | (Informed Comment) | – – This web site amounted to anything because of net neutrality, which I prefer to call internet liberty. That liberty is now going or gone. The internet was originally based on the principle that everyone’s web site is as easily reached by users as everyone else’s. All […]
Saudi Prince who Bought da Vinci Painting could have given Sight to 9 Million Instead
By Peter Singer | (Project Syndicate) | – – A Saudi prince has been revealed to be the buyer of Leonardo da Vinci’s “Salvator Mundi,” for which he spent $450.3 million. Had he given the money to the poor, as the subject of the painting instructed another rich man, he could have restored eyesight to […]
FCC about to Destroy Internet w/out Understanding how it Works
By Erica Portnoy and Jeremy Gillula | ( Electronic Frontier Foundation) | – – Earlier this year nearly 200 Internet engineers and computer scientists sent a letter to the FCC that explained facts about the structure, history, and evolving nature of the Internet. The reasons we laid out in that letter for writing it then […]
Saudi Crown Prince splashed $450 mn on Jesus painting
Middle East Monitor | – – Mystery over the secret buyer of a record $450.3 million painting was solved after it was discovered that Saudi Crown Prince Mohammed Bin Salman had used a proxy to get hold of one of the prized assets in the arts world. The power hungry de-facto ruler of the Kingdom […]
How GOP Tax Bill’s assault on Universities will Devastate US Economy
By Benjamin J. Cohen | (The Conversation) | – – With the Senate’s passage of the “Tax Cuts and Jobs Act,” President Donald Trump seems close to notching his first legislative victory – a huge tax cut for the 1 percent. All that remains is the need to reconcile the Senate bill with the version […]
Trump Tax Law Screws Workers out of $5 bn, Gives it to Swamp
TeleSur | – – Experts have said that the bill will raise the U.S.’ rising deficit, increased the number of uninsured individuals, and redistribute wealth to the rich while increasing taxes on the poor. The United States Senate passed its version of the Trump tax plan ‘reform’ that has been described by progressives as “socialism […]
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