The Manchurian Taxman: Grover Norquist’s Murder/Suicide Pact

grover norquist

Brad Parker: Does it not follow then that Grover Norquist, at his core; is actually the Manchurian Taxman sent to rend America asunder in the name of Chaos and not the flag bearer of Conservative piousness and the entrenched Plutocracy?

Enlightened Economics: There Is an Alternative

money lesson

Mark Dempsey: One Modern Monetary Theory economist suggests sending each American household $50,000 to pay down debts, which would not only be cheaper than the $16-$29 trillion Wall Street bailout, it would bail out Main Street instead of the banks.

Austerity Measures Meet Resistance and the Democratic Will

austerity measures

Carl Bloice: It’s funny how a dramatic political crisis can focus the mind, how things like the Occupy movement and the European voters’ revolt can shift perception — even the public expression — of the powers-that-be in politics and the media.

What European Elections Should Teach Obama

obama boulder

Randy Shaw: Europe’s lesson is that Obama should far more aggressively promote public investment, job creation, and other economically populist – and popular – measures.

Greece Economy 2012: Why U.S. Politicians Are Quiet About Europe’s Meltdown

venus de milo

Shamus Cooke: Working people in the U.S. need to learn to speak Greek, and adopt an increasingly popular slogan that rejects austerity measures: Tax the Rich!

The Great Populist Wave

register to vote

Brent Budowsky: It is time for the true champions of the 99 percent to launch the largest voter-registration, -mobilization and -turnout campaign in the history of freedom.

The Tinder-Box Society

poverty

Robert Reich: Most of the gains from the productivity revolution are going to the owners of capital, while typical workers are either unemployed or underemployed, or else getting wages and benefits whose real value continues to drop.

A French Spring and a New Enlightenment for Jobs and Justice

francois hollande

Brent Budowsky: The increasingly likely victory of Francois Hollande in the French presidential election would be the shot for economic justice and jobs that will be heard around the world.

How Europe’s Double Dip Could Become America’s

europe austerity budget

Robert Reich: Republicans have become the U.S. party of Angela Merkel, demanding and getting spending cuts at the worst possible time – and ignoring the economic and social consequences.

The Money Delusion

money mint

Mark Dempsey: Why does the Finance, Insurance, Real Estate sector, whose frauds caused the current economic meltdown, get trillions at the drop of a hat, and social safety net programs and revenue sharing with states, whose needs are far more modest, get the “one-finger salute”?

The Austerity of Hope

rick santorum fetal rights

Vijay Prashad: The “safety net” that Romney mentioned has been frayed beyond recognition since the 1980s. One of the most grotesque problems is hunger.

Keynes and Hayek, Obama and the Republicans

friedrich von hayek

Walter Moss: From the Reagan years to the present, conservatives have been fond of quoting Friedman and Hayek. Their influence can be seen in such documents as the Republican Party’s 1994 “Contract with America.”

European Debt Crisis: A Problem of Political Will

eurozone

Iwan Morgan: the current crisis shows that unity in the face of economic and financial crisis is far more difficult for a 17-member club of nations than for a union of 50 states under one government.

Stop the Austerity Train Wreck!

ows revolutions

Robert Reich: Agreement or not, Washington is on the road to making budget cuts that will slow the economy, increase unemployment, and impose additional hardship on millions of Americans.

Trigger Deficit Cuts When Unemployment Drops to 5 Percent

supercommittee

Robert Reich: So the best of all worlds is to have a big jobs plan now, and also commit to automatic cuts triggered when unemployment falls to 5 percent.

Greece’s Choice — and Ours: Democracy or Finance?

greek economy

Robert Reich: Greek Prime Minister George Papandreou decided in favor of democracy yesterday when he announced a national referendum on the draconian budget cuts Europe and the IMF are demanding from Greece in return for bailing it out.

“Jobs Creators” Brand Tarnished

wall street protests

Joseph Palermo: Even hardcore capitalists are displaying a lack of faith in U.S. economic leadership, compounding the legitimacy crisis that has already engulfed millions of less exalted members of the global community.

Inside Govt’s Cuckoo’s Nest: ‘Keep Calm and Carry On’ or Voter Middle Finger Salute?

nurse-ratched

Denis Campbell: Welcome to Herbert Hooverville, global financial chaos edition where the US and UK governments think the way to change the situation is to… carry on and do nothing differently.

How Austerity Is Ushering in a Global Recession

world-economy-wide

Robert Reich: Chalk up a big part of Europe’s slowdown to the politics and economics of austerity. Europe – including Britain – have turned John Maynard Keynes on his head. They’ve been cutting public spending just when they should be spending more to counteract slowing private spending.

Understanding ‘Debtageddon’ Tuesday

duel-wide

Denis Campbell: Many economists predict a failure to act before Asia markets open Sunday or Monday night could see an immediate stock market loss of up to 5% and wipe out 10% of US GDP by Tuesday night. It’s that serious.

Lost Decade?

blink-first-wide

John Peeler: One of the most striking features of our current global economic morass is that many Third World economies are weathering the crisis rather well, while the supposed leaders of the world economy (the United States, the European Union, the Japanese) are in deep trouble that looks to get deeper.

Super Rich Sabotage Arab Revolutions

Shamus Cooke: If pro-democracy or anti-austerity movements emerge victorious, they’ll have an immediate problem to solve — how to pay for their vision of a better world.

The Carnage on Wall Street

media-watchdog-wide

Robert Reich: Our representatives in the nation’s capital continue to obsess about future budget deficits and games of chicken over raising the debt ceiling — neither of which has anything at all to do with the stalled recovery and the carnage on the Street.

The Limits of Tyrants

pensions-wide

David Love: When America, backward and crumbling, should be investing in infrastructure and technology to create jobs and promote growth, some governors reject high-speed rail projects and wear their ignorance as a badge of honor.

Rewriting the Social Contract; Making Everybody Hurt

hookers and coke

Carl Bloice: I’m just intrigued these days by how much the people who have a lot have become the most insistent that those below them on the social ladder bear the brunt of paying for capitalism’s current crisis.

GOP Austerity Plan Targets Blacks and Latinos

unemployed black man

David Love: This new wave of austerity is a con game, and it’s racist too. Now is the time to reverse the trend and restore equity, justice and sanity to America’s economic system.

Who Is Behind the Deficit Crisis

tax breaks

Shamus Cooke: Unless labor and community groups massively mobilize working people in fighting for a pro-worker solution to the deficit crisis, austerity measures — like reducing Social Security and Medicare — will be forced upon us.

Yeah, It’s the Economy, Sherlock

Carl Bloice: Any member of Congress who thinks obstructionism is the way to win elections should know that in two years we will be sure that voters will know who stood in the way of jobs. We have an energized membership that’s ready to fight, and we’re going to give it everything we have.

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