Steve Hill: the government of Chancellor Angela Merkel not only pursued different economic policies than the Obama administration, but Germany also has a greater degree of economic democracy than the U.S.
Ron Wolff: If PG&E believes so strongly in democracy, shouldn’t it let its shareholders vote on whether to support a campaign like this? Don’t hold your breath. If capitalism thrives because it promotes market efficiency, what’s wrong with letting governments operate utilities if they can do it better than private enterprise?
Bob Letcher: doubt that any portion of the collapse of GM was included as a cost of NOT having national healthcare. But all those Golden Handcuff’s that GM’s employees understandably put on their own wrists as the only way they could see for keeping their loved ones healthy and covered just might have contributed to the recent very expensive collapse of the company, the company towns, all the nameplates and jobs.
Senator John McCain’s daughter, Meghan McCain, has served up a devastating critique of the direction the Republican Party has taken recently. “If figureheads like Ann Coulter are turning me off,” Ms. McCain writes, “then they are definitely turning off other members of my generation as well.” She understands that when the GOP’s dominant personalities are [...]
It is an understatement to say we are experiencing an unprecedented financial crisis along with our worldwide environmental crisis. Neither crisis needs an Austrian economist to explain it. We live in a consumer society and consumers “use things up.” In recent history, this useless, toxic “stuff” comes from China, and this sad state of affairs [...]