Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
November 21, 2018
Sears Bankruptcy Engineered to Benefit Executives and Stiff Workers
Labels:
bankruptcy,
Sears,
The Real News
November 19, 2018
ON CONTACT: A History of Neoliberalism
Labels:
Chris Hedges,
David Harvey,
Neoliberalism,
On Contact
November 14, 2018
Even for Local Taxes, the Rich Pay Far less Than the Poor
November 13, 2018
SCOTUS Already Preparing To Deliver MAJOR Blow To Consumers
Labels:
consumer protection,
US Supreme Court,
USA
November 05, 2018
Robert Reich: Trump's 30 Biggest Broken Promises
Labels:
Donald Trump,
Robert Reich
November 03, 2018
November 01, 2018
Peter Schiff: The Markets Are Going to Collapse Due to Fed Raising Rates
Robert Reich: The Truth About Trump's Economy
Labels:
Donald Trump,
Robert Reich,
US economy
World Dumping US Debt & Hoarding Gold: De-dollarization Explained
Labels:
de-dollarisation,
gold,
US debt,
US dollar
October 30, 2018
Markets ‘Overdue for Correction’ – Richard Wolff
Labels:
Richard Wolff,
stock markets
October 27, 2018
Debt Bomb: Are We on the Brink of Another Global Financial Crisis?
Labels:
Australia,
debt,
global financial crisis
Robert Reich: Trump's Brand Is Ayn Rand
Labels:
Ayn Rand,
Donald Trump,
Robert Reich
October 26, 2018
Robert Reich: The Next Crash
Labels:
Robert Reich,
stock market crash
October 22, 2018
How to Prepare for the Next Global Recession | The Economist
Labels:
global recession,
The Economist
October 18, 2018
Donald Trump: All the President's Profits | Fault Lines
Previous US presidents put their financial assets into a blind trust and sold their businesses before inauguration, to avoid the possibility of conflicts of interest. But Trump refused to divest from the more than 500 companies he owns under the umbrella of the Trump Organization. Instead, he put them into a trust and handed over day-to-day management to his sons.
"When Donald Trump said he was giving up running the businesses and putting it into a trust, I literally erupted in laughter. Donald Trump doesn't run any businesses, he is not a competent businessman. He leaves it up to other people. And furthermore, the trust that Donald set up, the sons have said they tell dad what's going on in the business," says David Cay Johnston, editor of DC Report and author of The Making of Donald Trump and It's Even Worse Than You Think.
"He can reach in and withdraw money at any time. Whether or not he has done so, we don't know. But this is not anything at all like a blind trust. This is like what you expect to see in a family business posing as a country," he adds.
The overlap between Trump's business activities and his role as president has given rise to allegations that he is leveraging his office for personal gain. These charges are laid out in a series of lawsuits, which allege that Trump is violating the Emoluments Clauses of the US Constitution, by accepting payments or benefits from foreign states as well as federal and state governments. The attorney general for the District of Columbia, Karl Racine, calls the Emoluments Clauses the United States' "oldest anti-corruption law."
With the attorney general of Maryland, Racine has brought a lawsuit (known as D.C. and Maryland v. Trump) focused on the Trump International Hotel in Washington, DC, and the payments or benefits from foreign and domestic governments the president may be receiving there.
Fault Lines examines how the president's business dealings may have put him in conflict with the US constitution. And in a fractious mid-term election season, we ask constitutional law scholars and international corruption experts why it matters for democracy in the US.
Labels:
corruption,
Donald Trump,
Fault Lines
The Corruption Is Out in the Open
Labels:
Bernie Sanders,
corruption,
Republicans,
USA
October 17, 2018
Mapping Poverty in America | The Economist
Labels:
America,
poverty,
poverty in the USA,
The Economist
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