19 Nov 2019

Obama Goes From “Yes We Can” To “No We Can’t”

      One indicator that the Democratic Party is very tepid about making the needed changes to the current broken political, economic, health care and judicial systems has now come directly from former President Barak Obama. In a Nov. 17, 2019 speech before wealthy donors in Washington DC, Obama

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13 Nov 2019

Remember Biden’s Role in the 2008 Recession

    Former Obama Vice President Joe Biden likes to paint himself as a moderate reformer, but his history shows otherwise.  The best and most far-reaching example of how corporate Democrats intentionally bypassed any efforts to reform a corrupt system is Biden’s and Obama’s meek response to the 2008 financial

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05 Nov 2019

More Bad News About Income Inequality–Half of Americans Have More Debts Than Assets

          The story of income inequality and wage stagnation is now a core element of the Democratic candidates’ policy platforms, but a new report from the Federal Reserve paints and even more damning description.  In this article from The People’s Policy Project, author  Matt Bruenig found

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05 Nov 2019

Carried Interest Helps Explain Jones’ Buttigieg Endorsement

  Nothing smacks of self-interest better than a rich person trying to defend their wealth. Self-interest is as old as human and animal DNA, so it is no surprise that it’s still a paramount concern today. It also is no surprise that self-interest among the very rich plays a role

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22 Oct 2019

Capitalism is in Trouble, But Few Want to Admit It

One of the key messages of the 2020 election is that capitalism is in trouble and is not working for millions of Americans. From the wealth gap to unchallenged monopolies to wage stagnation, it’s clear that the corporations have taken over the nation. This is what allowed the corrupt Trump

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01 Oct 2019

Reasons Why People Like Irrational Trump and Celebrity Fraud     

  Americans love celebrities. They also love celebrity fraud. How else can we explain why Trump’s hard-core Republican “base” continues to support him, despite his near-insane tweets and abysmal record in leadership, legislative success, policy formulation, and implementation. It’s also worth noting that if die-hard Trump supporters really respect their

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25 Sep 2019

Financial Journalism’s Failure with the WeWork Business Fantasy

      The financial news media over the past few weeks has been giving inordinate attention to an unfolding corporate saga of a company called WeWork. The coverage focuses on the company’s CEO, a guy with long hair and a T-shirt named Adam Neumann, and its upcoming IPO. His

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12 Aug 2019

Progressive Solutions Can Reduce American’s Financial Stress

      A new survey by Cerulli Associates finds that workers are reporting they have major concerns about their financial futures. This report, sources of Financial Stress by Cerulli, says “a survey of 1,500 401(k) plan participants it conducted in the second quarter of this year (2019) found that

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11 Aug 2019

History Tells Black Voters to Consider New Economic Alternatives

      One of the key causes of racial inequality is economic inequality.  To many people seeking to explain the racial inequality that has persisted since the Civil War, the economic argument is often intertwined with discrimination and the need to gain a more powerful political voice in government.

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