Sinclair Lewis’ prediction has come true. But is there a political solution? Or must the new way be economic? And is envisioning a fair share of society’s surplus the winning key?
Is the middle layer of society experiencing a decline of fortune just like that suffered by the working class when the industrial sector collapsed some 4 decades ago? Could sharing Earth by sharing her worth reverse the trend?
Stiglitz: Intellectual property facilitates “rent-seeking”: winning rulings to get a larger share of the pie rather than increasing the size of the pie. Us: To keep rewards fair, charge full-market value for patents.
A radio talk show host has seen the light. Will he lead more people on both sides to rethink their positions on convening a Constitutional convention?
How could so many Americans be seduced by speech rhetoric and end up believing Obama was here to reform an inefficient, corrupt, political system?
From the what’s-the-worst-that-could-happen dept. This 2013 excerpt is from the AP on Oct 23 by Robert Burns Air Force officers entrusted with the launch keys to long-range nuclear missiles have been caught twice this year leaving open a blast door […]
Shifting the burden of a major bank collapse from the blameless taxpayer to the blameless depositor is another case of robbing Peter to pay Paul, while the real perpetrators carry on with their risky, speculative banking schemes, notes Ellen Brown.
As if just being poor wasn’t difficult enough, it also brings with it cognitive challenges. Your brain has to work mighty hard if you’re constantly trying to figure out how to keep your head above water, and that is likely to contribute to poor decision-making and counterproductive behavior — not to mention deflating one’s self-worth. Los Angeles Times, ’13 Oct 18
Big charities are tools of the fortunate. Tax them? Or, share common wealth so it can’t become mega fortunes?
How did an Israeli billionaire wrest control of one of Africa’s biggest prizes from a bigger South American competitor of much greater experience? Instilling fear helps. This 2013 excerpt is from The New Yorker.
It’s hard to think of a store where the owner tells you how much you need to buy, the way a doctor can.
However beneficial a creed may be, can it excuse abuses by the ruling elite?
No other country has imposed such costs and mandates on foreign accounts as the USA. For some accounts, the foreign bank is required to withhold some of the interest paid to the account, and send it straight to the IRS.