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Tag Archives: united states
America’s Hypocrisy on Democracy
America’s Hypocrisy on Democracy U.S. politicians often lecture other nations about their flawed governance as if American democracy is the gold standard, but anti-democratic measures like gerrymandering belie that self-image, says ex-CIA analyst Paul R. Pillar. An old fear about Islamist political parties entering government is that once in power, even if they had gained […]
Which American Cities Will File Bankruptcy Next?
Which American Cities Will File Bankruptcy Next? We harp on the massive, unsustainable, yet largely unnoticed, debt burdens of American cities, counties and states fairly regularly because, well, it’s a frightening issue if you spend just a little time to understand the math and ultimate consequences. Here is some of our recent posts on the […]
Challenging the Dollar: China and Russia’s Plan from Petroyuan to Gold
Challenging the Dollar: China and Russia’s Plan from Petroyuan to Gold As seen in my previous article, US military power is on the decline, and the effects are palpable. In a world full of conflicts brought on by Washington, the economic and financial shifts that are occurring are for many countries a long-awaited and welcome development. […]
America Not Immune from Chaos
America Not Immune from Chaos “Exceptional” America views itself as largely immune from devastating storms and the violence that infect much of the world, but recent weeks show that there is no protection against natural and human catastrophes, writes Ann Wright. Over the past two months – between natural disasters and the actions of a […]
What Did Washington Achieve in its Six Year War on Syria?
What Did Washington Achieve in its Six Year War on Syria? Now that the defeat of ISIS in Syria appears imminent, with the Syrian army clearing out some of the last ISIS strongholds in the east, Washington’s interventionists are searching for new excuses to maintain the illegal US military presence in the country. Their original […]
North Korea and Yemen: the Costs of Empire
North Korea and Yemen: the Costs of Empire Photo by Tom Thai | CC BY 2.0 As the war of words between the governments of Donald Trump and Kim Jong Un has spiraled into child-like name calling and escalating military threats, the world shudders at the possible consequences. The Pentagon has reportedly estimated that a […]
Julian Assange Says He Can Prove The Russian Narrative Is False
Julian Assange Says He Can Prove The Russian Narrative Is False Wikileaks founder Julian Assange says that he can prove that the Russian election meddling narrative pushed by Democrats for almost a year now, is completely false. And he’s willing to turn over all evidence, in exchange for a pardon. Most of already knew that the […]
Humor is Where You Find It, by Robert Gore
Humor is Where You Find It, by Robert Gore Looking for a good laugh? Consider the United States. Football is a tedious game that fills three-and-a-half hours of airtime with 30 minutes of action, commercials, commentary, instant replays, more instant replays, closeups of pretty cheerleaders, and halftime pageantry. The players are paid great gobs of money […]
Morning Joe: Ministry of Truth Is Needed To Fight War On Fake News, ‘Russian Operatives’ On Social Media
Morning Joe: Ministry of Truth Is Needed To Fight War On Fake News, ‘Russian Operatives’ On Social Media On Friday’s Morning Joe, Willie Geist hosted a panel to discuss the latest news on the Russian hacking narrative regarding Facebook ads that were purportedly used by Russian intelligence to stoke “racial tensions” during the 2016 presidential […]
The Financialization of America… and Its Discontents
The Financialization of America… and Its Discontents Labor’s share of the national income is in freefall as a direct result of the optimization of financialization. The Achilles Heel of our socio-economic system is the secular stagnation of earned income, i.e. wages and salaries. Stagnating wages undermine every aspect of our economy: consumption, credit, taxation and […]
Why US Price Inflation Remains Relatively Subdued?
WHY US PRICE INFLATION REMAINS RELATIVELY SUBDUED? The yearly growth rate of the US consumer price index stood at 1.9% in August against 1.7% in July, while the growth rate of the price index less food and energy stood at 1.7% in August against a similar figure in July and 2.3% in August last year. […]
Cracks in Dollar Are Getting Larger
Cracks in Dollar Are Getting Larger Many Daily Reckoning readers are familiar with the original petrodollar deal the U.S made with Saudi Arabia. It was set up by Henry Kissinger and Saudi princes in 1974 to prop up the U.S. dollar. At the time, confidence in the dollar was on shaky ground because President Nixon […]
What Could Go Wrong? For Public Pensions, More Than You Know
What Could Go Wrong? For Public Pensions, More Than You Know Here’s a loaded question for you: “What could go wrong?” In some contexts, it can express mistaken confidence, as in, “Sure I’ll put my hand between that crocodile’s jaws. What could go wrong?” Investors should ask the same question before entering a position. “What […]
