Mad About Money

greed

Peter Laarman: The very wealthiest Americans, whose share of income and wealth has shot up astronomically for the past 25 years, have somehow gotten a huge number of other Americans to buy into the idea that there isn’t enough money. And that therefore we should cut lifeline benefits that go to poor children and sick people and old people and veterans.

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.

Goldman Sucks

john boehner mitch mcconnell

Tom Degan: It’s highly unlikely that any serious reform is going to be put forward until the Republican presence on Capital Hill has been significantly diluted if not eradicated. I do not believe that it is a given that they are going to gain major ground come Election Day. In fact there is every reason to believe that they will only continue to self-destruct between now and then. They can’t win without the section of the electorate who describe themselves as “moderate”. The moderates are taking a good look at the train wreck that is the modern GOP and by all accounts they’re becoming more and more disgusted by what they see.

It’s Morning in Reagan Studies

The argument of The Reagan Revolution belies its title: according to Troy, there was no Reagan revolution. This is not to say Reagan was an inconsequential president: Troy portrays him as a man who changed the nation’s political climate even if he never changed its topography.

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