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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