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Class Warfare

davidswanson's picture

Decades in Making: U.S. Police State

Andrew Kolin's new book "State Power and Democracy: Before and During the Presidency of George W. Bush" actually begins with the war for independence and continues into the Obama years. A 231-page monotone recounting of endless facts, it doesn't pick up with Bush the Lesser until page 137. Kolin chronicles a gradual slide into an imperial presidency that really got going after World War II. Along the way he chronicles the damage done to the forces of resistance, making a compelling case that our movements for peace and justice are weak in part because of the extreme repression of recent decades. Read below the fold...

letsgetitdone's picture

Paul Ryan On Limited Government

In my last two posts I reviewed the deficit reduction aspects of Paul Ryan's Republican response to the SOTU. But Ryan also placed considerable emphasis on the idea of “limited government” in his response. In this post, I want to evaluate what he had to say on this theme.

So I’d like to share with you the principles that guide us. They are anchored in the wisdom of the founders; in the spirit of the Declaration of Independence; and in the words of the American Constitution.

They have to do with the importance of limited government; and with the blessing of self-government. . . .

Read below the fold...

They call it a "depression" because it's depressing


I haven't posted on this story before, because I've been consumed by live blogging the Al Jazeera feed, but now I can. I'm not depressed, I'm angry (and, I hope, compassionate). Read this story of DISemployment, one among so many:

An uncertain future after jobless benefits expire

Read below the fold...
letsgetitdone's picture

Paul Ryan's Deficit Reduction Fairy Tales: Part Two

Here's Part Two of my textual analysis of the deficit reduction portion of Paul Ryan's Republican response to the SOTU.

Then the President and his party made matters even worse, by creating a new open-ended health care entitlement.

What we already know about the President’s health care law is this: Costs are going up, premiums are rising, and millions of people will lose the coverage they currently have. Job creation is being stifled by all of its taxes, penalties, mandates and fees.

Read below the fold...
letsgetitdone's picture

Paul Ryan's Deficit Reduction Fairy Tales: Part One

Many of my recent posts have focused on fairy tales I thought the President would tell in the SOTU and also those that he did tell. The reason for this is that I think people on the left have a greater need to be informed about Obama's fairy tales, then they do about Republican fairy tales, since they are automatically skeptical about what Republicans say given their 40 year history of systematically lying about reality every chance they get. Read below the fold...

Tony Wikrent's picture

The People Arise in Egypt. Meanwhile, in Davos . . .


I hope there are some people more familiar with Tunisia, Egypt, and the Middle East than I am, who are monitoring the situation there, and have some historical, socio-economic, and political background to share. My own belief at this time is that the populist uprising in those countries was sparked by the steep increases in the price of food which have been in no small part caused by financial speculators in the futures markets. Jon Larson at Real Economics has posted some highly relevant material the past few weeks, and also fingers the role of global climate change:

Cattle Prices Stampeding Read below the fold...

DCblogger's picture

Life on planet Geithner


(Reuters) - Following are highlight quotes from Treasury Secretary Timothy Geithner at the World Economic Forum in Davos

"There is much more confidence now that we've got a sustained expansion. It's not a boom. It's not going to offer the prospect of a rapid decline in the unemployment rate.

Read below the fold...
DCblogger's picture

Aux letters to the editor, Citoyens!


White House still holding Social Security hostage:

The best thing you can do right now is write letters to your congress critters and/or your local papers, since as venal as they are, they still have to worry about getting reelected


I think that letters to the editor is even more important since congressional press secretaries watch letters to the editors. Read below the fold...

The FCIC archive: A nearly complete listing

[Welcome, Economist's View readers! Welcome, Naked Capitalism readers! --lambert] Read below the fold...

Why Versailles doesn't notice the foreclosure crisis


Because, just like DISemployment, it's not happening to them:

The Washington, D.C. metro area registered the largest decrease in foreclosure activity from the year before. Filings there dropped 22%.

Nationwide, the story is different:

Read below the fold...

letsgetitdone's picture

More Fairy Tales of the SOTU

Yesterday, I scored the SOTU on the 7 Fairy Tales I discussed previously, and concluded that the President was subscribing to at most two of them, and that he accepted the deficit reduction framing of the Republicans as a basis for negotiation, and was trying to point the US in the same direction as export-led economies emphasizing fiscal austerity, thus joining the world's race to bottom. Today, I want to analyze the details of the portion of the SOTU dealing with deficit reduction. The President said: Read below the fold...

letsgetitdone's picture

Fairy Tales of the SOTU Related to Deficit Reduction

In "All Together Now: There Is No Deficit/Debt Problem,” I warned against the message calling for deficit reduction that the President would probably deliver in his State of the Union Address. And in a series of later posts, I looked at 7 fairy tales I thought he would tell. Finally, in a summary post, I offered a table summarizing the fairy tales and corresponding truths. In this post, I'll do a post-mortem. How many of the 7 fairy tales did he tell us? Read below the fold...

"Let Us Be Dissatisfied" and While We Are At It, Rude.


Stop with all the "civility". Civility isn't the problem. It's the inequality. And it's the lack of any in depth talk about it. One of my favorite lefties is Doug Henwood who wrote the 1997 book "Wall Street". Naomi Prins called the book " visionary" for its warning about derivatives and the foolishness of neo-liberalism. He has a blog and a radio program in NYC. He also has a must read newsletter called "The Left Business Observer" that recently Joseph Stiglitz noted by saying that it was filled with “wonderful rants and some very interesting facts.” Read below the fold...


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