Was the Fed Just Nationalized?
Did Congress just nationalize the Fed? No. But the door to that result has been cracked open.
Did Congress just nationalize the Fed? No. But the door to that result has been cracked open.
We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid. Student debt, credit card debt, auto loans, business debt and sovereign debt are all higher than they have ever been. As economist Michael Hudson writes in his […]
North, Central, and South America were named after Amerigo Vespucci. In “Letter to Lorenzo de’ Medici,”1 Amerigo Vespucci describes the New World. Lorenzo de’ Medici is a member of the Medici family, a stupendously wealthy family of bankers and importers, who ruled the city of Florence, Italy for most of the 1400s. The Medici family’s patronage of the arts promoted the Renaissance by sponsoring many of the most significant artistic achievements.
Calls for a Universal Basic Income have been increasing, most recently as part of the Green New Deal introduced by Rep. Alexandria Ocasio-Cortez (D-NY) and supported in the last month by at least 40 members of Congress. A Universal Basic Income (UBI) is a monthly payment to all adults with no strings attached, similar to Social Security.
Calls for a Universal Basic Income have been increasing, most recently as part of the Green New Deal introduced by Rep. Alexandria Ocasio-Cortez (D-NY) and supported in the last month by at least 40 members of Congress. A Universal Basic Income (UBI) is a monthly payment to all adults with no strings attached, similar to […]
Referring to cultural Marxism, especially the Frankfurt School, Noam Chomsky once said, “I don’t find that kind of work very illuminating… The ideas that seem useful also seem pretty simple, and I don’t un
'Universal basic income' is a socialist scheme that takes money from taxpayers and redistributes it to mostly non-taxpayers. Stockton, a city in California, will spend $900,000 over 18 months to subsidize 100 residents with $500 monthly. [We expect the program to become permanent in California, however, because legislators there do not care if a program is too expensive or unsustainable so long as it gets them elected.] [...]
The Popular Resistance School will begin on May 1 and will be an eight-week course on how movements grow, build power and succeed as well as examine the role you can play in the movement. Sign up to be part of this school so you can participate in small group discussions about how to build a powerful, transformational movement. REGISTRATION CLOSES MIDNIGHT APRIL 30.