Category Wealth Inequality

The Confederacy was a con job on whites. And still is.

By Frank Hyman   I’ve lived 55 years in the South, and I grew up liking the Confederate flag. I haven’t flown one for many decades, but for a reason that might surprise you. I know the South well. We lived wherever the Marine Corps stationed my father: Georgia, Virginia, the Carolinas. As a child, […]

Trump Moves to Strip Hundreds of Thousands of Social Security Benefits — Truthdig RSS

Activists are working to raise public awareness and outrage over a little-noticed Trump administration proposal that could strip life-saving disability benefits from hundreds of thousands of people by further complicating the way the Social Security Administration determines who is eligible for payments. The proposed rule change was first published in the Federal Register last month […]

Paul Volcker’s Long Shadow — Truthdig RSS

Former Federal Reserve Chairman Alan Greenspan called Paul Volcker “the most effective chairman in the history of the Federal Reserve.” But while Volcker, who passed away Dec. 8 at age 92, probably did have the greatest historical impact of any Fed chairman, his legacy is, at best, controversial. “He restored credibility to the Federal Reserve… […] […]

The true legacy of US central banker Paul Volcker (1927–2019) — World Socialist Web Site (en)

A full accounting would reveal that his policies, imposed on behalf of the American capitalist class, resulted in untold social misery and the premature death of millions of people, not only in the US but around the world. via The true legacy of US central banker Paul Volcker (1927–2019) — World Socialist Web Site (en)

Thanksgiving Reflections on the Cruel Hegemon — Strategic Culture Foundation

Stephen KARGANOVIC President of the Srebrenica Historical Project Russian literature fans will recall a moving spectacle from Dostoevsky’s novel “The House of the Dead”. As political prisoners are marched off under guard to Siberia, village folk are handing them food and other provisions that they will need on their long journey. The poor villagers are probably […]

Reality on Thanksgiving Weekend — Stephen Lendman

by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman) America’s privileged class never had things better throughout the year.  The vast majority of ordinary people struggle to get by, a few lost paychecks from homelessness, hunger and despair. The world’s richest country exploits them so wealth, power and privilege can benefit. According to Hunger & Homelessness Awareness […]

Trump’s Latest Handout to His Rich Buddies Is Truly Unbelievable — Truthdig RSS

Breaking news: Donald Trump inadvertently said something true! He recently exulted that his special tax incentives to spur investment in poverty projects have gone “beyond anything that anybody… even thought.” So true! His “Opportunity Zone” tax breaks are financing such “anti-poverty” projects as a “superyacht marina” on the toney waterfront of West Palm Beach, Florida.… via […]