The Fed’s ‘Chicken Run’: Why Sticking with High Rates Will Crash the Economy
In persisting with its high rates policy, the Fed is acting like James Dean in the famous “chicken run” auto race in Rebel Without a Cause.
Les Leopold: Capitalism Runs Wild: A Rant
By Les Leopold / Substack They’ll stone you when you’re at the breakfast table.They’ll stone you when you are young and able.They’ll stone you when you’re tryin’ to make a…
Is the Reign of the Dollar Coming to an End?
Though the Dollar-Wall Street regime remains significantly powerful, de-dollarisation and possibilities of a shifting global order are being driven by US economic weakness, the aggressive use of illegal sanctions by…
US Cryptocurrency as an Offshore Banking Center
By Michael Hudson / CounterPunch The Wall Street Journal ran a revealing op-ed today (June 14, 2024) by Paul D. Ryan, “Crypto Could Stave off a U.S. Debt Crisis.” Mr.…
Ellen Brown: Why Does the Government Borrow When It Can Print?
By Ellen Brown / Original to ScheerPost In the first seven months of Fiscal Year (FY) 2024, net interest (payments minus income) on the federal debt reached $514 billion, exceeding…
Come on Joe: Stop John Deere from Shipping Jobs to Mexico
By Les Leopold / Substack The greed of the John Deere company is giving President Biden the perfect opportunity to win back working-class voters. All he needs to do is…
Guaranteed Income: The First Step Towards Guaranteeing Human Rights in America
Author Natalie Foster relays policies initiated in American towns to save an America in economic crisis with guaranteed income, healthcare and education.
‘Consumers Win’ as Supreme Court Rejects ‘Radical’ Attack on CFPB
Amid celebrations over the ruling, one legal expert warned, "Don't confuse 'SCOTUS slaps down a wackadoodle 5th Circuit decision' with 'SCOTUS is more moderate than its critics claim.'"
Trump’s Corporate Tax Cuts Paved the Way for Inflation
The former president made it more profitable for companies to gouge us. When those cuts expire next year, we’ll have an opportunity to get our money back.
Work Longer, Die Sooner! America’s Dire Need to Expand Social Security and Medicare
Experts are clear that working into old age often threatens the health and well-being of U.S. seniors.
The Well-Heeled and Our Personal Well-Being
Psychologists are helping us understand how inequality is conditioning us to accept lower ethical standards.
Ellen Brown on Tackling California’s Budget Crisis: Raise Taxes, Cut Programs, or Form a Bank?
By Ellen Brown / Original to ScheerPost In 2022, the state of California celebrated a record budget surplus of $97.5 billion. Two years later, according to the Legislative Analyst’s Office,…
Industrial Policy Is a Good Idea, but So Far We Don’t Have One
The American state has lost the capacity for concentrated and decisive effort at the forefront of technology and the associated science.
Why Biden Is Getting His Butt Kicked on the Economy
Do Robert Reich and Paul Krugman have it wrong?
Europe’s New Fiscal Rules Harm Working People and Women, Boost Right-Wing Radicals
Behind bogus promises of job creation and economic growth lies a dangerous agenda to shred social safety nets.