Posts Tagged ‘debt’
New Issue; Police and Occupy; etc.
(1) May/June Issue: I finally sent our May/June issue to the printers on Friday. It will take a while for print subscribers to get it, but e-subscribers got their full-color pdfs on Friday. (Not an e-subscriber? sign up here.) And I posted John Miller’s column, Taxing the Rich, from Right to Left, comparing Romney, Obama, ...Read more.
Krugman/Keen Kerfuffle
Quite the online kerfuffle happened last week between New York Times columnist and economics Nobel laureate Paul Krugman and Australian left economist Steve Keen, author of Debunking Economics (see over above), of the blog Steve Keen’s Debt Watch, and of one of the articles in our book The Economic Crisis Reader, “The ‘Credit Tsunami’” (the ...Read more.
Goldman and Greece, etc.
(1) Goldman Sachs and Greece: A piece in Bloomberg about how Goldman made a “secret loan” to Greece in 2001 involving currency swaps and interest-rate swaps. This ended up costing Greece billions of euros. Interest-rate swaps have caused trouble for lots of municipalities (as the SEIU report I linked to the other day documents). We’ll ...Read more.
Satan Sandwich; Boeing; Meteorologists
(1) Debt Deal as a “Satan Sandwich”: As Vishay Prashad reports in a good article on the debt “crisis” and deal in Counterpunch, Emanuel Cleaver, chair of the Congressional Black Caucus, called the deal to lift the debt-ceiling a “sugar-coated Satan Sandwich.” Indeed. (We know what he really wanted to call it.) We just posted ...Read more.
Debt Ceiling, Prisoners, Norway, etc.
(1) Fortress Europe and Europeans Against Multiculturalism: A couple of links relevant to the atrocious attack last Friday in Norway, which is clearly the tip of an iceberg: The first, Fortress Europe: A Deadly Exodus, documents the more than 14,000 refugees who have died trying to enter Europe since 1988. There’s an interactive map listing ...Read more.
Weisbrot and Epitropoulos on Greece
A Call from Mike-Frank Epitropoulos: Mike Epitropoulos, author of Greece as a Demonstration Project (Dollars & Sense, May/June 2010) called me from Athens a couple of days ago. He’ll be writing another article for us soon about the situation over there. In the meantime, check out this piece he wrote for his Znet page, The ...Read more.
Murdoch, Gang of Six, etc.
(1) Laffer’s Latest Curve-ball: Subscriber Kris W. alerted us that the dumb op-ed Arthur Laffer co-wrote for the WSJ a while back, which John Miller critiques in his July/August Up Against the Wall Street Journal column, is posted all over the web on anti-union websites and elsewhere. In connection with the NLRB’s recent decision against ...Read more.
Bob Pollin on QE2 and Deflation
I have been feeling guilty about having posted that funny but misleading video yesterday (they made fun of the Fed’s concern about deflation, and implied that deflation would be good for ordinary people, which is just wrong). Anyhow, my penance is to post this very good video from the Real News Network. More at The ...Read more.
