Is the crash coming now that September ended?
From Forbes, on Friday: “Earlier this week, Verizon confirmed that it offered a voluntary severance package (VSP) to about 44,000 employees and that it will transfer over 2,500 IT staff – some rumors suggest the figure to be closer to 5,000 employees – to India-based Infosys as part of a $700 million outsourcing deal.” I had […]
Economic meltdown and Iran
Over the six years I’ve had this blog, I have been writing on and off about the economic perils we face in the near term. I’ve posted multiple articles about the interaction between resource depletion and the precarious state of the world’s economic setup. I’ve been particularly worried about US economic fragility. Simply put, the […]
Support the Arts today!!
The Trumpsters are coming after all funding for the arts. According to the National Endowment for the Arts, (NEA) we spent $146 M of federal money for galleries, music, dance and theater last year. That’s less than what we’re currently spending to purchase a single, semi-airworthy F35. According to the NEA’s funding history, that’s less than […]
The economy Trump inherits
“For a three-year stretch from 1983 to 1985 during the heart of the Reagan boom, growth in the U.S. economy averaged over 5.5% per year. These two periods were unusually strong, but they show what the U.S. economy can do with the right policies. By contrast, growth in the U.S. from 2007 through 2013 averaged 1% per year. Growth in the first half of 2014 was worse, averaging just 0.95%.”
HOW TO STOP THE EMPIRE –the Trump era reboot
We are now in the Trump era. Even if the folks attempting to tip over Trump by begging electors to vote against the state totals, we will never be able as a nation to escape what has been wrought on us by this election. And I suspect all attempts to reboot the election will fail. […]
How to Stop the Empire in your living room!
I spent my Saturday performing in Zuccotti Park/Liberty Square, the place where OWS started some five years ago. The newest version of HOW TO STOP THE EMPIRE WHILE KEEPING YOUR DAY JOB kicked off around 1 PM and I had a decent crowd of people there to listen. I brought new material in on the […]
Did we already collapse?
A couple of days ago, I posted about the convergence of economic bellwethers that pointed to economic collapse in the near future.I have more detail on the unemployment situation. Two of my go-to sources have indicated that the BLS report on employment last month are ‘problematic’. As you may be aware, the ‘headline’ unemployment figure […]
Why Trump is winning
I’ve been working on a project of sorts lately. Undertaken by some progressive liberals I know, the impetus of the project is to find experts in a variety of fields who will assess what they think a Trump presidency will look like (in terms of damage to the US’ international prestige as well as economic and […]
Where your job went and why it won’t come back
A week or so ago I posted a fancy-pants essay by Kevin Hester, one of my buds in the NTHE movement (near term human extinction for the uninitiated). It used the language of the anti-capitalism movements, including the Occupy Wall Street folks. The thesis of Hester’s article was that capitalism is dying because the planet […]
A Pox on the NY Democratic Party
New York’s Democratic Party (and the New York GOP) are both living in the past. This is NOT sour grapes (okay, it’s slightly overripe grapes). I’m stating this in response to yesterday’s Presidential primary in NY State, which saw Hillary Clinton snag 58% of the vote over Bernie Sanders. But that number, though indicative […]