Monday , September 16 2019
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Tag Archives: politics

The Debate

September 15, 2019 6:00am by Bob Lefsetz It was boring. The whole world tuned in… And then the whole world tuned out. This is why Roger Ailes succeeded, he knew it was all about showbiz, and the only person on stage who seemed to know this was Julian Castro. Yes, he was the big winner of the night, even though he called out Biden and was half-wrong. You see Castro came to win. A back of the pack softie, Castro...

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Dude! Where’s My Democracy?

By Kevin Albertson, Professor of Economics at Manchester Metropolitan University with a background in statistics and political economics. He is co-author of five books, including the Haynes Guide ‘How to Run the Country’. Originally published at openDemocracy Democracy is unwell, so it is said. In America and other leading democracies citizens are apparently increasingly critical of the concept of liberal democracy. We argue this is a misdiagnosis; citizens are not critical of liberal...

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Majority in US Back Free College Tuition and Student Debt Cancellation, New Poll Finds

Yves here. As we’ve said for many years, positions widely depicted by the press as left-wing, such as strengthening Social Security and Medicare, cutting military spending, making taxes more progressive, have consistently polled with solid majorities or at worst, pluralities. And the poll that found broad support for cancelling student debt and free college tuition was a solid sample size. But I’m not holding my breath about the MSM giving these results the play they deserve. By Judy Conley,...

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48 States to Investigate Google: Anti-Trust or Politicking?

Yves here. Sadly, you can never be too cynical. Bill Black explains on The Real News why the 48 state investigation of Google may not be all it is cracked up to be. GREG WILPERT: Welcome to The Real News Network. I’m Greg Wilpert in Baltimore. Fifty Attorney Generals from 48 states, the District of Columbia and Puerto Rico announced on Monday that they are launching an anti-trust investigation into Google. This investigation would be in addition the one that the Justice Department’s already...

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The US Massively Underestimates the Trade War Blowback

Yves here. Even though most readers know the general point very well, that US trade and financial sanctions haven’t brought targets to their knees, and had instead pushed them to find allies, but it’s useful to have detail to flesh out the story. There are some bits one can quibble with, like the “annexation of Crimea” bit, and the US objectives for its sanctions against Russia. At least under the Obama Administration, the belief was that they would damage the economy severely and force a...

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Modi’s Kashmir Power Grab Was Decades in the Making

Yves here. We’ve been unable to provide as much insight into Kashmir since India has succeeded in cutting off the area’s access to the Internet. But this article provides important background. By Zainab Ramahi is a recent graduate of UC Berkeley School of Law. Originally published at openDemocracy Since 5 August, the people of Kashmir have been living under lockdown after the Indian government voted to revoke the state’s semi-sovereign status. The unilateral termination of Kashmir’s...

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Live Blog: Democrat Presidential Primary Debate #5 in Houston

The fifth Democrat Presidential debate starts in one-half hour, at 8:00PM ET. I’m posting this well before time, since when you are reading this, I may (or may not) still be traveling, and so my presence may (or may not) be in spirit only. In either case, I’m sure comments will be lively! Here is what NBC has to say about the event and the venue: The debate is being held at Texas Southern University on Thursday night at 8 p.m. ET and will be co-hosted by ABC and Univision. Viewers should...

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Richard Murphy: Brexit Yellowhammer Is Wrong, but That Doesn’t Mean We Should Ignore It

Yves here. Even I am suffering a bit of Brexit fatigue. So many momentous things are happing that it’s easy to become desensitized. But some things, like the Yellowhammer “Reasonable Worst Case” document, turn out to be damp squibs. If you’ve been following Brexit, this document’s take isn’t that surprising, although it does have a couple of remarkable dot points on the first page that discuss bilateral deals with individual EU member states as if that were a realistic option. But as Lambert...

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Axios: What’s the Actual Cost of Not Addressing Climate Change?

Yves here. To put the cost of Sanders’ Green New Deal plan in context, it’s roughly what we spend on the US military when you throw in all the black budgets. Yet we somehow can’t afford to save the climate, particularly, as the article points out, the “cost” pays for itself? But sadly, as some readers pointed out at the Bailey Island meetup, the climate scientists they know all say it’s too late. All we can do now is arrest further damage and work on mitigation of the impact. By Thomas...

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The Two Sides of Government Guarantees for Banks

By Taneli Mäkinen, Advisor, DG for Economics, Statistics and Research, Bank of Italy, Lucio Sarno, Professor of Finance, Cass Business School, City, University of London, and Gabriele Zinna, Advisor, DG for Economics, Statistics and Research, Bank of Italy. Originally published at VoxEU During the recent financial crises, government helped reduce the funding costs of banks by providing them with insurance, thus curbing panic in banking systems and financial markets. This column argues,...

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