When we've been warning readers in San Francisco about Airbnb there were numerous reasons. This week former Secretary of Labor, Robert Reich, took on the whole idea of the sharing economy-- aka-- the "gig economy" or the "on-demand economy"-- and the inherent dangers at least in the transition. Obviously, it's not just Airbnb. Another example everyone is aware of is Uber (as well as Lyft).
This morning we looked at Hillary's nutty 9/11 excuse for her closeness to Wall Street. I meant to include an essay by her husband's former Labor Secretary, Robert Reich, that appeared in The Guardian a few days before her gaffe.
In 2011, when progressives proposed a 5.6% surtax on millionaires to pay for Obama's jobs program, conservatives whose primary job is, after all, to represent the interests of millionaires, went wild, accusing the Democrats of "class war." The GOP responded, as usual, with the same old tropes about how taxing the rich would discourage job creation and how small businesses would suffer. But, historically, even responsible Republicans have supported federal income taxes.
CNN is reporting that McConnell plans to hold Social Security and Medicare hostage in upcoming debt ceiling debates when the government runs out of money (around November 5 or so). McConnell is wowing to not raise the debt limit-- forcing the government to go bankrupt and renew on its debts-- unless the Obama and the Democrats agree to deep cuts to Social Security and to Medicare.
"We have an amazing code. It will be simple.It will be easy. It will be fair."Yes, yesterday Trump boasted: "There will be people in the upper echelons that won't be thrilled with this." And yes, he forced Jeb Bush into agreeing that the carried-interest loophole Republicans have clung to is inherently unfair and needs to be dumped.
Trump didn't show up for the "debate" in New Hampshire Monday night, so neither did the public. The debate-- or forum-- was delegitimized by Trump's absence. ABC's Rick Klein wrote:
DINO Maria Gutzeit has already proven how awful she isSometimes candidates lie about where they are politically to get support. Two of the worst Blue Dogs I ever had the misfortune to see in action-- Chris Carney (PA) and Kyrsten Sinema (AZ)-- swore to me on the phone before they were elected that they were dedicated progressives. Both are bare-faced liars.
Last week we looked at a video from the History Channel about how Andrew Carnegie, John Rockefeller and JP Morgan worked together to subvert the 1896 election and steal it from William Jennings Bryan (D) for Wall Street shill William McKinely (R). Their machinations led to the greatest wealth inequality in American history and, inevitably, the Great Depression. That kind of inequality-- nearly half the wealth in the country in the grasping paws of just 1% of the people-- is back...
