By Nomi Prins | ( Tomdispatch.com) | – – Treasury Secretary Steven Mnuchin doesn’t exactly come across as the guy you’d want in your corner in a playground tussle. In the Trump administration, he’s been more like the kid trying to cop favor with the school bully. That, at least, is the role he seems […]
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Plutocracy
The GOP Plot Against America’s 99%
By Nouriel Roubini | (Project Syndicate) | – – US President Donald Trump, in partnership with congressional Republicans, is pursuing tax cuts that will blow up the fiscal deficit and add to the public debt, while benefiting the rich at the expense of middle- and working-class Americans. Once again, Trump has not hesitated to betray […]
Top 4 Things Paradise Papers tell us about Super-Rich
Ronen Palan | (The Conversation) | – – The so-called Paradise Papers may sound familiar – leaked documents from a law firm that specialises in offshore services reveal how the global elite avoids paying taxes. Even the name has the same ring to it as last year’s Panama Papers expose. But the Paradise Papers are […]
Congress’ Tax Plan is a give-way to the Rich, not a Reform
By Olivia Alperstein | ( Otherwords.org) | – – No matter our politics, most Americans have a beef with taxes. And it’s no wonder. Working class Americans pay a much greater share of their income than the wealthiest Americans, who get away with exploiting tax loopholes and paying less than their fair share to support […]
It’s up to You: Corporations won’t save us from Global Heating
Christopher Wright and Daniel Nyberg | (The Conversation) | – – While businesses have been principal agents in increasing greenhouse gas emissions, they are also seen by many as crucial to tackling climate change. However, our research shows how corporations’ ambitious pro-climate proposals are systematically degraded by criticism from shareholders, media, governments, other corporations and […]
Opioid Superstorm: A Growing wealth Gap & deserted Neighborhoods
by Suzanne Marvin with Gail Ukockis | (Informed Comment) | – – Some disasters are sudden and abrupt, such as the hurricanes that struck Puerto Rico and other islands. Other disasters, though, are slow-moving and easy to ignore. The opioid epidemic, combined with systemic poverty, is like a long-lasting flood that keeps on inundating the […]
The Break-Up of America: Donald Trump and the Fourth Great Shattering
By John Feffer | ( Tomdispatch.com ) | – – When the historian Arthur Schlesinger, Jr., published his bestseller The Disuniting of America in 1991, he didn’t seriously entertain the worst-case scenario suggested by the title. At the time, the Soviet Union and Yugoslavia were imploding, while separatist movements in Quebec, East Timor, Spain’s Basque […]
Puerto Ricans Must Come First, Not Wall Street Vultures
By Maria Beri | (Inequality.org) | – – Every dollar going to one of the hedge funds that have bought up much of the island’s debt is a dollar taken away from saving lives. I still cry when I talk to my family back in Puerto Rico. I am from a small town in Puerto […]
Why do the Super-Rich hate the Poor & Workers so Much?
Sam Pizzigati | Institute for Policy Studies | – – Only days after the horrific aftermath of Hurricane Maria in Puerto Rico, Donald Trump unleashed a tweet that outraged many but surprised few. With millions of Puerto Ricans without food, water, and fuel, Trump lashed out against those islanders literally begging for more federal help. […]
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