Time to Rain Money on Main Street

Give Money to Main Street

-+*Ellen Brown: When an article appears in Foreign Affairs, the mouthpiece of the policy-setting Council on Foreign Relations, recommending that the Federal Reserve do a money drop directly on the 99%, you know the central bank must be down to its last bullet.

Burger King’s Subjects Royally Pissed Off

Burger King Canada

-+*RJ Eskow: The actual rate paid by American corporations, once they’re done applying all the loopholes their lobbyists in Washington have designed, their actual rate is at the low end of the global tax spectrum – and this at a time when many corporations are achieving record-breaking profits.

Obamacare’s “Secret Trick” Could Cure CEO Pay Excesses

CEO Pay Excesses

-+*RJ Eskow: Expanding the ACA’s executive-pay provision to all companies, and improving its design even more, would begin the process of removing incentives for senior executives to put their companies at risk and disregard the needs of employees and customers.

Stock Market Reaches Milestone, But Who Cares?

Stock Market Reaches Milestone

-+*RJ Eskow: We need to start thinking about our nation’s “economies,” of which there are at least two. There is the one that is inhabited by corporations, the wealthy, and the investor class. Call that one the “elite economy.” Then there’s the other economy, the one where most of us live.

Cry for Argentina: Fiscal Mismanagement, Odious Debt or Pillage?

Argentine Fiscal Crisis

-+*Ellen Brown: Argentina has now taken the US to The Hague for blocking the country’s 2005 settlement with the bulk of its creditors. The issue underscores the need for an international mechanism for nations to go bankrupt. Better yet would be a sustainable global monetary scheme that avoids the need for sovereign bankruptcy.

Work and Worth

Work and Worth

-+*Robert Reich: Does anyone seriously believe hedge-fund mogul Steven A. Cohen is worth the $2.3 billion he raked in last year, despite being slapped with a $1.8 billion fine after his firm pleaded guilty to insider trading?

Amazon Pricing Drives Me Bot-ty

Amazon Books Pricing

-+*Randy Shaw: My battle is with the bots and algorithms Amazon uses to price its books. I can’t reason with them, because they are not human. Yes, it’s true. We have a book industry whose dominant market decides prices based entirely on a computer formula.

Don’t Panic! We Can Expand Social Security and Medicare

expand social security

-+*Richard Eskow: No matter what new data emerges about Social Security and Medicare, the well-funded opponents of those two worthy programs will always insist that we’re on the brink of catastrophe – unless something is done right now to slash their benefits.