Tag Archives: HSBC

Economic storm on the horizon

December 19, 2015 · by · in economics, History, unemployment · 2 Comments

The basics: the Fed has announced a rate hike (the first since the Lehman crash in 2008) and the Dow is wobbling. Today (Friday) the Dow was down almost 370. While Wall Street has ample selfish reasons to wish for permanently ‘free’ money from the Treasury, the reality is that Janet Yellen’s actions are (to […]

Not to root for Bernie…

October 15, 2015 · by · in Black Lives Matter, climate disruption, economics, History, Labor, near term human extinction, Police and policing, tax policy for the 99%, unemployment · 1 Comment

The Democrats’ debate in Vegas on Tuesday was an interesting piece of TV. I’ve made my own feelings about the race known here. I’m energized by the presence of Bernie Sanders in the race, primarily because he’s saying things that no one else will say.  And not to get too excited, but Bernie apparently won […]