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It’s Time for the Clintons, Rubin to Go – and Soros too
In the week leading up to last Tuesday’s election the press was busy writing obituaries for the Republican Party. This continued even after Donald Trump’s “surprising” victory – which, like the 2008 bank-fraud crash, “nobody could have expected.” The pretense is that Trump saw what no other politician saw: that the economy has not recovered... Read More
Protectionist Trumponomics vs. Neoliberalism
Donald Trump’s red wave on Election Day was an unprecedented body blow against neoliberalism. The stupid early-1990s prediction about the ‘end of history’ turned into a – possible – shock of the new. The new global nativism? Perhaps a new push towards democratic socialism? Too early to tell. Once again. A body blow, not a... Read More
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The US presidential election is historic, because the American people were able to defeat the oligarchs. Hillary Clinton, an agent for the Oligarchy, was defeated despite the vicious media campaign against Donald Trump. This shows that the media and the political establishments of the political parties no longer have credibility with the American people. It... Read More
Donald Trump has long campaigned on the promise of running the country the way he's run his businesses. On that basis, we essentially already know what it would mean if he entered the Oval Office and applied his personal business acumen to this nation (and the rest of the world). There's a surprisingly full record... Read More
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It Reaches Manhattan, Doubtless Due to Continental Drift
It is easy to underestimate the peasantry, the little people. They appear well under control. All seems calm, unless one looks carefully. The means of control work smoothly: the legions, the church, the media, the secret police, the enforcers of political correctness. The serfs are cowed. Why worry about a distant peonage? Do we not... Read More
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Trump's divergence from the conventional Republican platform is generating indignant punditry from neocons and...
SHARMINI PERIES, EXECUTIVE PRODUCER, TRNN: It's the Real News Network. I'm Sharmini Peries coming to you from Baltimore. On Friday, just after the Republican National Congress wrapped up with its presidential candidate, Donald Trump, Paul Krugman of the New York Times penned an article titled "Donald Trump: The Siberian Candidate." He said in it, if... Read More
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Last December I initiated a series of articles collectively headed “Why Trump Is Winning.” They were published at Forbes.com and, to say the least, my editors there seemed underwhelmed. After all, the almost universally touted conventional wisdom at the time was that Trump’s support had a low ceiling. Once the field started thinning, his negatives... Read More
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There’s a pile of money hiding offshore. It’s true that jobs are also leaving the United States because American companies find it convenient to cut labor costs by moving manufacturing abroad, the economic issue you’re hearingmost about in this election season. But the stunning amount of money that continues to flow across American borders (and... Read More
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Donald Trump’s speech on foreign policy on Wednesday has been widely and predictably misrepresented. The Economist, for instance, claimed to see many “errors” there, yet curiously failed to identify a single one. In suggesting his proposed strategy is riddled with contradictions, the only substantiation the magazine offered was this: Pace the Economist and its compulsion... Read More
ronunz
Keeping English, Raising the Minimum Wage, Fixing Immigration
I'm willing to take clear stands on issues, including some controversial ones, regardless of ideology or political orientation. Maybe you'll agree with me and maybe you'll disagree with me, but at least you'll know what I believe. As a U.S. Senator, I'll carefully listen to both sides of every issue, do my own research, and... Read More
If the polls are any guide, Donald Trump should romp home in tomorrow's New York State primary. Besides a home-state advantage, he will have key economic issues working for him. The fact is that in few regions of the United States does his case against the decline of American manufacturing resonate so powerfully. As the... Read More
30 years of wage stagnation followed by one wealth-eviscerating asset bubble after another has drained the optimism from the collective American psyche. Most people now think things are going to get worse for themselves and their children. This pervasive pessimism shows up in other surveys as well, like this recent Gallup poll in which the... Read More
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How the Democrats Created a "Liberalism of the Rich"
[This piece has been adapted from Thomas Frank's new book, Listen, Liberal, or What Ever Happened to the Party of the People? (Metropolitan Books).] When you press Democrats on their uninspiring deeds -- their lousy free trade deals, for example, or their flaccid response to Wall Street misbehavior -- when you press them on any... Read More
Reading Thomas Frank's new book, Listen, Liberal, or What Ever Happened to the Party of the People?, I was reminded of the snapshot that Oxfam offered us early this year: 62 billionaires now have more wealth than the bottom 50% of the global population, while the richest 1% own more than the other 99% combined.... Read More
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Why the Media's Silence on Japanese Protectionism Gives Trump Another Priceless Opening
In few places has Donald Trump’s rise caused more unease than in Tokyo. Indeed it is probably safe to say that, underneath an ostensibly imperturbable exterior, top Japanese officials are running far more scared than even Trump realizes. They have a lot to be scared about. Much of what the Washington establishment thinks it knows... Read More
Just to cheer everybody up: Thereafter, would that I were not among the men of the fifth generation, but either had died before or been born afterwards. For now truly is a race of iron, and men never rest from labour and sorrow by day, and from perishing by night; and the gods shall lay... Read More
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The Most Expensive Election Ever Is A Billionaire’s Playground (Except for Bernie Sanders)
Speaking of the need for citizen participation in our national politics in his final State of the Union address, President Obama said, “Our brand of democracy is hard.” A more accurate characterization might have been: “Our brand of democracy is cold hard cash.” Cash, mountains of it, is increasingly the necessary tool for presidential candidates.... Read More
The Six Top Republican Candidates Take Economic Policy Into the Wilderness
Fact: too many Republican candidates are clogging the political scene. Perhaps what’s needed is an American Hunger Games to cut the field to size. Each candidate could enter the wilderness with one weapon and one undocumented worker and see who wins. Unlike in the fictional Hunger Games for which contestants were plucked from 13 struggling,... Read More
What, Actually, Is Forcing Americans From Their Homes?
Conservatism Inc. thinks it finally has found Donald Trump’s Achilles heel: his failure to adhere to libertarian legal wonk orthodoxy—Trump supports the use ofeminent domain for economic development. But this is simply yet more evidence that Conservatism Inc. is out of touch with the GOP base—and with reality. As The Atlantic put it: “The trouble... Read More
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The Donald’s Finances and the Art of Ignoring Conflicts and Contradictions
The 2016 election campaign is certainly a billionaire’s playground when it comes to “establishment candidates” like Hillary Clinton and Jeb Bush who cater to mega-donors and use their money to try to rally party bases. The only genuine exception to the rule this time around has been Bernie Sanders, who has built a solid grassroots... Read More
The Wall Street Connection (1992 to 2016)
[This piece has been adapted and updated by Nomi Prins from chapters 18 and 19 of her book All the Presidents' Bankers: The Hidden Alliances that Drive American Power, just out in paperback (Nation Books).] The past, especially the political past, doesn’t just provide clues to the present. In the realm of the presidency and... Read More
Category Classics
Which superpower is more threatened by its “extractive elites”?
The sources of America’s immigration problems—and a possible solution