Category Archives: Capitalism

A Club of Liars, Demagogues and Ignoramuses

Posted on by
3

The US Republican race is dominated by ignorance, lies and scandals. The current crop of candidates have shown such a basic lack of knowledge that they make George W. Bush look like Einstein. The Grand Old Party is ruining the entire country’s reputation. . .

What a nice club that is. A club of liars, cheaters, adulterers, exaggerators, hypocrites and ignoramuses. “A starting point for a chronicle of American decline,” was how David Remnick, the editor of the New Yorker, described the current Republican race.

The Tea Party would take issue with that assessment. They cheer the loudest for the worst, only to see them fail, as expected, one by one. Which goes to show that this “movement,” sponsored by Fox News, has never been interested in the actual business of governing or in the intelligence and intellect that requires. They are only interested in marketing themselves, for ratings and dollars.

Read more . . .

The Other Debt Crisis: Climate Debt

Posted on by
1

The climate crisis in Bolivia is not a headline or an abstraction – it is playing out in people’s lives in real time.

Melting glaciers are threatening the water supply of the country’s two biggest cities. Increasing droughts and floods are playing havoc with agriculture.

So it is no surprise that in climate negotiations, Bolivia is emerging as a leader in the global south – advancing both radical solutions and analysis that make rich countries distinctly nervous.

On this edition of Fault Lines, Avi Lewis travels to Bolivia to explore the country’s climate crusade from the inside.

It is the story of an emerging movement, based in the global south, raising questions about who owes what to whom in confronting the climate crisis.

And it is playing out in Bolivia’s epic landscape – from the tropical glaciers to the endless salt flats. A landscape that in normal times seems to mock the very idea that human beings can change the course of nature.

Watch video here . . .

Bill Looman, Georgia Business Owner, Draws Fire For ‘Not Hiring Until Obama Is Gone’

Posted on by
1

A west Georgia business owner has been deluged with calls and emails after posting signs on his company’s trucks that say he’s not hiring anyone until President Barack Obama leaves office.

A redneck small business owner in the deep south, who could  have imagined that? He draped himself in the flag with his non subject related mention of military service, but failed to thump the bible while he was at it. What kind of Neoliberal Reactionary is he?  [MSH]

Watch video here . . .  

The Top 0.1% Of The Nation Earn Half Of All Capital Gains

Posted on by
1

Capital gains are the key ingredient of income disparity in the US– and the force behind the winner takes all mantra of our economic system. If you want  even out earning power in the U.S, you have to raise the 15% capital gains tax. . . Make no mistake; the battle that is to be fought over  the coming attempt to reverse this reduction in capital gains  will be bloody and intense. The facts are clear according to the Congressional Budget Office  more than 80%  of the increase in income inequality was the result of an increase in the share of household income from capital gains.

Read more . . .