“FTX’s implosion should be a wake-up call,” said the Massachusetts Democrat. “Regulators must enforce the law before more people get cheated, and Congress must plug the remaining holes in our regulatory structure.”
Source: Warren Warns Crypto Madness Will ‘Take Down the Economy’ If It Isn’t Regulated
When have you ever seen a poor vampire?
Source: Halloween and the Horrors of Capitalism – In These Times
The Biden administration has created more jobs in the first term of a presidency than any other presidency in American history—and with just three weeks to go before the midterm elections, his administration has not been shy about touting these unprecedented job numbers. And yet the president’s approval numbers continue to lag and many Democrats up for election across the country find themselves trailing their Republican opponents. Why, amid one of the strongest post-recession recoveries in modern history, is such a positive jobs narrative falling on deaf ears?
Source: Want To Know What’s Going On in Our Economy? Talk to Workers. | Portside
Corporations are using rising costs as an excuse to increase their prices even higher, resulting in record profits. We need limited price controls to break this cycle
The world is on fire all around us. The free market can’t put that fire out — only massive state intervention in the economy can.
Source: The Free Market Is Making All Our Problems Worse, Not Better
“I’m absolutely convinced we will get a low-carbon, no-carbon economy at some point in time. The challenge is will we get there in time to heed the
Source: John Kerry’s Global Fix-it Campaign – CounterPunch.org
In addition to an economy held together with the baling-wire of Fed stimulus (that’s ending), both the U.S. and the world are facing a wild spectrum of assaults that could have huge economic impacts.
Source: Opinion | You Can Thank Ronald Reagan for the Economic Shitstorm to Come | Thom Hartmann
1848+: The End(s) of History 