Mark Dempsey: American government has the legal right to create literally unlimited dollars, so it can never be insolvent. It will run out of dollars when the Bureau of Weights and Measures runs out of inches.
Friday Feedback: True democracy – ‘capitalist’ or otherwise – doesn’t need or use a special class of politicians, let alone politicians whose concentrated power makes them attractive and ready recipients of corruption.
Sharon Kyle: The billionaire Koch brothers, David and Charles, are hosting their bi-annual meeting of right-wing billionaires. Odds are you’re probably not a right-wing billionaire and weren’t invited to their event. But, no worries, a coalition of progressive organizations has planned an event just for you.
California is mired in a $16 billion dollar deficit, without the political will to overcome deliberately designed structural impediments to solving the problem. For most government and nonprofit organizations, mission determines function. The United States Constitution clearly lays out the ‘mission’ of the government in the Preamble: “to form a more perfect Union, establish Justice, [...]