Featured Editorials

Corporate China is Bushworld

More than was true of the Soviet Union, China's collusion with U.S. capitalism is overt. PRESCOTT BUSH JR. is the acknowledged "Rainmaker" of China. Our rapatious capitalists love dictatorships, love oppressed, desperate labor, love U.S. loan guarantees.

https://excellentrap.wordpress.com/2015/05/11/china-the-bush-family-midd...

Fun with AOC, Sanders, & #Drop Out Biden


In my
April 20 diary concerning AOC endorsing and serving Biden on April 19, including being willing to attending rallies with him.  I’d added in comments:

AOC says she is ‘having conversations with Biden’s team’ over policyApril 16, 2020, nypost.com
“Speaking to Politico, AOC offered some praise of Biden, specifically that she was heartened by his pledge to name a female running mate and his interest in that person being of color.

The Weekly Watch

The "Fake" Economy

Oil, War, and the Petrodollar

The corona virus has upset the global economy, now the old normal. It has provided a distraction that has allowed for the transfer of trillions of tax dollars to the largest most corrupt corporations. The Fed has cranked up the presses and is pumping out dollars at an unprecedented rate. Now many people say the US dollar (USD) isn't based on anything and is just paper. However, it is based on something, oil. Ever since we cut the deal with the Saudis in the early '70's all countries must buy their oil (and many other commodities) in USD. Last week oil went negative because there is such a glut and lack of storage. So in comes the Fed propping up oil prices with our tax dollars, also boosted by Trump's threat to shoot down Iranian gunboats. How do we get out of this mess? How about a war or two?

Pages