From Pine View Farm

Political Economy category archive

This New Gilded Age 0

Methinks the allegations in this lawsuit may provide an insight into how pirate private equity works.

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Truth in Labeling 0

Methinks Michael in Norfolk makes a valid point. A snippet:

It has always struck me as ridiculous that the Republican Party under the Felon has tried to depict itself as a populist party looking out for the interests of working and lower middle class Americans. Never mind that the GOP agenda since Reagan has been one of a reverse Robin Hood where benefits are taken from regular, everyday Americans and transferred to the ultra-wealthy to build a new Gilded Age.

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This New Gilded Age 0

Billionaire oligarch on his private jet being served by a flight attendant says,

Click for the original image.

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This New Gilded Age 0

Via the Hartford Courant, Robert Reich argues that, despite Republicans’ claims, this election is not about the “left” and the “right,” but between the top and the rest of us. A snippet:

The real choice is between ever more concentrated wealth and power at the top — in the billionaire class, tech bros, Wall Street, and the C-suites of giant corporations — versus more wealth and power in what used to be the American working middle class.

Methinks he makes a valid point. Follow the link and decide for yourself.

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This New Gilded Age 0

Michael in Norfolk makes an important point.

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This New Gilded Age 0

Via The Sacramento Bee, Daniel de Visé runs the numbers. A snippet; follow the link for context.

The American Dream will cost you $5.3 million over a lifetime.

(snip)

That $5.3 million tab is more than the average American can afford. The typical full-time worker with a bachelor’s degree can expect to earn $3.6 million from ages 25 to 64, Investopedia says. Twenty years of Social Security benefits raise that worker’s lifetime income to $4.1 million, still $1.2 million less than the cost of the American Dream.

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This New Gilded Age 0

In the midst of a column about the somewhat surprising results of a recent poll in Alabama, Kyle Whitmire includes a quotation from Les Barnett, a member of Alabama’s public television commission, which pretty much sums up this new gilded age:

“Have you ever heard of the Golden Rule?” Barnett said in an interview last November. “The man with the gold makes the rules.”

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The Start of the Deal 0

China President Xi wears a

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Recommended Listening 0

Harry Shearer’s interview with economist Dr. Stephanie Kelton, in which she debunks de bunk and decodes de code behind (some) politicians’ pearl clutching about the national debt.

Hear it on this week’s episode of Le Show. It starts at about the 24-minute mark and lasts about 24 minutes

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Bloodsuckers 0

Under the Trump maladminstration, holders of student loans are getting Scrooged.

I think it’s an understatement to venture that the Trump maladministration and, for that matter, today’s Republican Party do not grasp the concept of the common good, even as they strive to grasp as much money as they can from those who have the least.

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This New Gilded Age 0

According the Blue Cross Blue Shield, that it controls 84% of Alabama’s health insurance market doesn’t mean it’s got a monopoly.

Golly gosh gee no, Batman.

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This New Gilded Age 0

Methinks Darryl Cornelius makes a valid point.

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This New Gilded Age 0

Robert Reich finds a straw at which to grasp.

The most potent force in American politics is anti-establishment fury at a system seen as rigged against average working people. AI has become Exhibit A.

Follow the link for his reasoning.

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Ruining America Like One of His Businesses 0

Thom talks with Sabrina Haake about how the Trump maladministration’s fiscal incompetence will tank the economy. Haake minces no words, but she does mince Trump’s you-can-hardly-call-them policies.

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This New Gilded Age 0

From the Youtube page:

Thom breaks down how modern billionaires and oligarchs are threatening democratic institutions across the globe—from recent political shifts in Germany to corporate influence in American elections.

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Gaming the Numbers 0

David explains how the Trump maladministration is living in fantasy world ignoring economic reality. A quote:

This is what happens when loyalty becomes the principle qualification . . . .

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Kleptocracy 0

Grung_e_Gene raises an interesting point: The Trump maladministration is interested, not in the public good, but only in the public’s goods

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The Crypto Con 0

Thom follows Donald Trump’s funny phoney money.

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Responsible Fiscals . . . 0

, , , seem incapable of remembering what they are responsible for.

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The Enablers 0

Title:  The Real Trump Derangement Syndrome.  Image:  Donald Trump dressed as Napoleon screaming out crazy things as the GOP Congress follows along saying,

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