The split of the Ukraine – based on economic data

Distribution of exports by region – larger version

We are witnessing the traditional corporate media propaganda emerging regarding the troubles in the Ukraine: the portrayals of great heroics, old faces emerging with new promises, and, oh those pictures.

Setting all of that aside, readily available economic data tells the tale of both present and […]

The Problem is not The POTUS, but The GOTUS.

Okay, I ought really be shoveling the 4 foot drift blocking my one and only egress from my apartment, but instead I wondered over to Ian’s blog. After reading this post I left this comment.

If Obama were truly a dictator you could lay the blame for the increased income disparity at his feet. However, […]

Allow me to introduce myself.

I’m a second generation Chicagoan. Live on the north side and work on the west side. I was around in the 70’s as a hippy. What little of Marx I understood then I liked. So when governments are democratic l tend to prefer them especially, of course, over corporations. My standards for democracy […]

The Marginal Futility of Debt

The stock market is to the 1% what food stamps are to the poor – Tyler Durden, Zero Hedge blog

At the end of World War II, as the world’s last remaining and therefore pre-eminent economic power, the United States was in the envious position of being able to generate nearly $1 of GDP growth […]

Bernie Sanders on Sequestration

The Republians in the House and the Senate have gone nonlinear. They forgot the series of Tea Party defeats in the last election. They fear a Tea Party opponent in the 2014 election. And, they’re indifferent to real polls showing they are identified as “extremists.” Here’s Bernie Sanders (I-VT) on the sequester.

You know […]

Sequestration Sorrows for Extremist Republicans

May you have incompetent, offensive enemies.

President Obama and the congressional Democrats have the luck of the Irish, truly. They’ve already won the Battle of the Fiscal Cliff due to the good judgment of the people. That judgement takes facts into consideration. The sequestration process is a blunt instrument wielded by a Frankenstein […]

Leading Indicator – Utah (and the governor is not happy)

Utah governor Gary Herbert is not amused. In fact, he’s pretty pissed off at the mindless Frankenstein of the March 1 sequestration that will result in robo-cutting federal programs across the country. He estimates that Utah will lose $550 million in federal funding abruptly.

“Utah’s fundamentals are strong, as evidenced by continued state […]

The (Other) Presidential Candidate Who Would Destroy the Economy (Also, Water is Still Wet)

Josh Barro proudly flashes his Captain Obvious undies: “[Gary] Johnson has nutty economic policy views and would do tremendous damage to the global economy were he to somehow become president.”

h/t Rob Farley