This is just a compilation of tweets from Billmon. But I think the thesis, which I restate in the headline, is important. (We might also remember that Germany, like Japan, is an American military protectorate, and that therefore integrating this new state-form into TPP and TTiP, respectively, is important.) Read more about A new Constitutional Order emerges in Europe, revealed by the Greek crisis
Under Obama the Democratic party has lost its majorities in the House, Senate, Governors, and state legislatures. That opens up a lot of opportunities for the left wing of the Democratic party, and for emergent parties with an eye to the main chance. Bernie is right, it won't matter who is in the White House if we do not have a mass movement, which will include, amongst other things, hundreds of new lefty elected officials. Read more about Democratic party vacuum
"First Schäuble came for Greece, and I said nothing, because the ECB still accepted my government bonds as collateral..."
From Frances Coppola post on Forbes, commenting on German news story. Read more about "First Schäuble came for Greece, and I said nothing, because the ECB still accepted my government bonds as collateral..."
Heather Boushey, a liberal economist who has discussed policy informally with Clinton, and who runs the Washington Center for Equitable Growth think tank, argues that it is not politically wise to play down the need for economic growth.
Even though AFT's press release explained the process of how members were polled, including several town hall meetings, multiple surveys and a "you decide" website, the announcement of the endorsement erupted a firestorm of outrage from AFT teacher members nationwide on twitter.
Step one, make a huge loan that has no possibility to be repaid.
Step two, when your victim can't repay demand the state, federal, EU, IMF, or whatever entity applies bail you out, but call it a bail out of Detroit, Greece, or whatever applies.
Step three, game the bailout authority into collecting its money by insisting on draconian measures.
Step four, snap up assets at fire sale prices as jurisdiction is forced to sell everything to make debt payments.
Lather, rinse, repeat. Read more about The financial coup
This just part of a long effort by the extreme right to delegitimize the federal government. At the same time, remember what Dave Johnson teaches us, you can always tell what conservatives are up to by watching what they accuse liberals are doing. This is very dangerous and needs to be taken seriously. Read more about Planning the attack on Ft. Sumter
Meanwhile, Scott Walker, the goggle-eyed homunculus hired by Koch Industries to manage their midwest subsidiary formerly known as the state of Wisconsin, is preparing to announce his candidacy for president next week by signing a Superfund site of a state budget that includes a provision that—and I am not kidding here—does away with the concept of the weekend.
Also a nice crack at Jeb! Read more about Shorter Scott Walker: all your weekends belong to the Koch brothers