Posts Tagged ‘capitalism’

“Saving Us From the Bottom”

This article has been posted on The Huffington Post. Click on the link to read it on Huff Post.

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It’s time for a radical new approach!

We’ve tried trickle-down and it hasn’t worked! All that’s trickled down is crap.

So as we near, bounce along, or bounce off the bottom in our financial recovery, let’s start thinking outside the pox.

Yes, supply side economics has been a pox on this country, on the world — a pox on capitalism with a predatory financial system and unfiltered greed becoming a malignant cancer.

What caused this insidious and unrelenting disease? How do we reverse it?

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Posted in Economy, Election 2012, Finance, HuffPost Articles | Comments Off

“When Right Is Wrong”

The American way of life has changed dramatically, the result of three decades going in the wrong direction.

Economically we’re setting records; contradictory indicators of wealth and poverty, production and unemployment, and corporate growth offset by small business decline.

The economic picture is vividly uncertain and Congress added to the unpredictability with their obfuscation of the payroll tax — finally passed under pressure.

When, then, can we expect recovery?

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Posted in Economy, Election 2012, Opinion, Politics, Rebalancing America | 2 Comments »

“Where Would We Be If…”

This article has been accepted by The Huffington Post for publication.

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…we didn’t have the safety nets established years ago?

As Republicans strive to strip the programs that prevented us from falling into another Great Depression their arguments are devised to distract us from the truth.

Programs like Social Security and the Federal Deposit Insurance Corporation, put into place after the financial collapse in the 1930’s, were borne of the pain and suffering millions of hard-working people endured throughout the thirties.

Where would we be today without them?

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Posted in HuffPost Articles, Politics, Republican Crises, Social Net, UnAmerican | Comments Off

“An UnTea Party Revolution”

New article has been posted on The Huffington Post. Read it on HuffPost by clicking on the link.

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Stop the revolution, I want to get off!

Revolution is nigh and this time it’s not the product of the misguided anger of the Tea Party!

This one is ‘real.’ Not manufactured. A protest the right loves to hate.

Armed with legitimate complaints, too many to count, people — ignored by an uncaring Congress — have taken their concerns to the street.

It started with the occupation of Wall Street, spread to more than 100 cities throughout the United States, then to cities all over the world.

Is this a populist movement?

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Posted in HuffPost Articles, Occupy, Opinion, Politics, Tea Party | Comments Off

Quick Hit: “Move Your Money”

Are small banks and credit unions safer than big banks?

Big banks and Wall Street caused the financial meltdown, were bailed out by the taxpayers, and are operating under the same destructive model that caused our financial problems. By remaining with any one of the top 20 banks you are helping create another financial crash that will be even worse for the global economy.

Occupy Wall Street has brought the collusion of  big banks and Wall Street into focus as the main cause of our declining economy. It has served, in growing numbers, to expose their collusion and calls for Congressional action.

But, the next move can be yours!

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Posted in Banking, Quick Hits, Rebalancing America, Too Big to Bail | Comments Off

“It’s All Greek To Me”

This article was posted on The Huffington Post on Monday, 10/17/11. To view it on HuffPost click on the link.

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The Greek Parliament agreed on new austerity measures to avoid sovereign default.

As the European Union, the International Monetary Fund, and European Banks grapple with a plan to avoid the collapse of Greece, and the potential domino affect on Portugal, Ireland, Spain, and Italy, the social unrest in Greece grows.

Austerity measures imposed by the ECB are deep and damaging to the Greek people, striking at the most vulnerable citizens; sparking huge protests in the cradle of democracy.

The problems in Greece and Southern European countries are microcosms of a problem throughout the world; financial destruction caused by a greedy, protected, unregulated banking system.

But, the anger and unrest are not confined to the socialistic states of Europe.

It is happening globally and the thirty year move to a Plutocratic Oligarchy is propagating class warfare.

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Posted in HuffPost Articles, Occupy, Politics | Comments Off

“Congressman Issa Goes Postal!”

This article has been posted on The Huffington Post. To read it on Huff Post click the link here.

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The California Congressman tries to stop your mail!

We’re again being deceived by evil right-wing zealots — this time they’re lying about your postal service.

The insufferable Congressman from California’s 49th District is at it again trying to destroy one of our most efficient government agencies, a Constitutionally established entity (Article. I., Section, 8.) — The United States Postal Service.

The Founding Fathers understood the necessity of the fluid national distribution of mail, and it’s importance to democracy, over 235 years ago. Republican’s, polished at the art of deceiving the American People, are telling everyone that will listen that the Post Office is going bankrupt.

The Post Office bankrupt? How does that happen?

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Posted in Congress, Economy, HuffPost Articles, Jobs, Politics | Comments Off

Why Isn’t the Economy Recovering?”

Article was posted on The Huffington Post on 8/11/11. Click on link to read it on HuffPost.

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For most Americans it has been a slow and painful recovery from this recession.

Analysts, politicians, and pundits continually offer excuses for the slowness of this recovery; and there are a multitude of excuses.

Most prominent among them is ‘the government,’ and the catch phrase being pushed, ‘uncertainty.’ It’s constantly stated, “businesses are reluctant to hire or grow, because of the uncertainty of government policies.”

They’ve blamed low income home buyers for the housing crisis; buying more home than they could realistic afford. They call them liar’s loans. But they hold corrupt mortgage lenders, Wall Street charlatans, and rating agencies, harmless.

Are there any other reasons the American economy is struggling?

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Posted in Economy, HuffPost Articles, Politics | Comments Off

UnAmerican Activities: “RePatriation 101”

Corporations want a tax break to repatriate foreign profits—again!

Republicans, global corporations, the Chamber of Commerce, and Republican lawmakers are claiming that a tax rate of 5% for corporations to repatriate their foreign profits will create jobs, stimulate capital investment, and grow the economy.

We’ve heard that song before—the same pathetic rhetoric—in 2004. But the corporations did not use the billions they repatriated from the American Jobs Creation Act of 2004, to create jobs or grow the economy.

In fact, the biggest recipients—some of the biggest multi-national corporations in the world—laid-off thousands of employees after receiving this gift from the government.

Why on earth would we consider it again?

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Posted in Economy, Jobs, Politics, Repatriation, Taxes, UnAmerican | 9 Comments »

“Stimulating a Dead Economy”

My newest article is now available on The Huffington Post. Click on the HuffPo linke to read it there.

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The U.S. economy is surviving only because of over-stimulation.

We’re living on fumes in this country, and the pursuit of happiness has come to an end for millions of families!

Main Street is still suffering. But, the Market is on Viagra, shored up by QE2, the Fed program to buy hundreds of billions of dollars in U.S. Treasury Bonds. As QE2 winds down, and the economy falters, the discussion turns to the possibility of QE3.

A tremendous number of band aids have been administered to keep the U.S. economy from hemorrhaging; to prevent not only a domestic collapse, but a global one.

Each attempt to divert a financial disaster has had varying levels of success; many failing to achieve their intended goals.

Why have we needed so much stimulus?

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Posted in Economy, HuffPost Articles, Predictions, Wall Street | Comments Off