Debt: Is America “Too Big To Fail”?
The discussion of America’s debt ceiling is the talk of the town in Washington and key international financial markets. If you still have the dubious privilege to have a credit card or a line of credit, it is likely that your respective financial institutions have considerably reduced your own “debt ceiling” since the 2008 crash. […]
Who Are the Job Creators? Not Who Boehner Would Have You Believe.
The current refrain from the Republican Party is that raising taxes on the most wealthy Americans will be hurting the ‘job creators.’ This reasoning seems to hinge on the belief that the wealthy, given money, will put it back into the economy and generate growth. This is just another rephrasing of the debunked trickle-down economic […]
Are Our Politicians Forcing a Revolution?
The only numbers that seem to matter to politicians are the corporate contributions for their endless election campaigns and the amount of salary those institutions will pay them when they pass back through the revolving door into private sector political careers such as lobbying, running PACs and Super-PACs; or using their political influence on behalf […]
Anonymous: Bigger, More Contentious, More Chaotic… but Better?
Image by Rock Lou Much has been made about conflicts that have arisen within the hacker community; the main stream media has made sure of that. Stories of rogue programmers sabotaging parts of networks, or supposed splinter groups pursuing alternative agendas have proliferated. Focus has been put on isolated cases, and rumors of questionable provenance, […]
The Debt Ceiling, Political Theater, and the Fire Sale of America
As a people, Americans have been stuck in a version of the movie ‘Ground-Hog Day’ for more than 40 years, give or take. It’s been a consistent, and deliberate, recycling and fine-tuning of the same reality over, and over, again. There has been no improvisation that altered the direction of the story line. There has […]
