What the US presidential candidates are saying—and aren’t
Election signs in Lancaster, Ohio. Photo by Dan Keck/Flickr. National opinion polls show that with just one week to go in the US presidential election, Trump and Harris are virtually…
Jack Rasmus
Europe at the ‘hot gates’
Graves of Ukrainian soldiers at the Lychakiv Cemetery, Lviv. Photo from Wikimedia Commons. Some 2,500 years ago, so the myth goes, 300 Spartans faced a much larger Persian force at…
The Myth of a V-Shape Economic Recovery
The spin is in! The Trump administration’s economic ‘message bearers’, Treasury Secretary Steven Mnuchin and Kevin Hasset, the president’s senior economic adviser, have launched a coordinated effort to calm the…
COVID-19 and the working class
Flyers at Hartsfield-Jackson Atlanta International Airport wearing facemasks on March 6th, 2020 as the COVID-19 coronavirus spreads throughout the United States. Photo by Chad Davis (Flickr). US politicians and media…
Global Financial Asset Deflation: Prelude to Next ‘Great Recession’?
Traders and floor officials at the New York Stock Exchange on Monday, March 9. The Dow closed down by 2,000 points for the first time ever. Yesterday morning, on March…
Super Tuesday and the Irrevocable Split in the Democratic Party
Sen. Bernie Sanders, former Vice President Joe Biden and Sen. Elizabeth Warren. Photo by David J. Phillip/AP. As another Super Tuesday has come and gone, the key takeaways are already…
South Carolina Primary: What Does It Mean?
From left: Former New York City Mayor Mike Bloomberg, Massachusetts Sen. Elizabeth Warren, Vermont Sen. Bernie Sanders, former Vice President Joe Biden, former South Bend, Indiana Mayor Pete Buttigieg, and…
Bernie Sanders and the Desperation of Democratic Elites
Democratic 2020 U.S. presidential candidate Senator Bernie Sanders rallies with supporters in Myrtle Beach, South Carolina, February 26, 2020. Photo by Jonathan Ernst. The events of the past week show…
Trump’s ‘Red Meat’ State of the Union Speech
US President Donald Trump steps to the podium to begin his State of the Union address to a joint session of Congress on Capitol Hill in Washington. On Tuesday, Donald…
Trump’s Iran ‘Punching Bag’: US Provocations to Continue
Trump’s assassination of Iran’s general and senior diplomat, Qassim Suleimani, was a clear provocation by the United States, designed to produce an escalated military response by Iran. That did not…
Trump’s ‘déjà vu’ wartime playbook
History repeats itself, as they say. But in the age of American empire, not just twice. Or even three times. But with disturbing regularity. The past half century shows two…
How Trump’s neoliberal agenda is destroying democracy
President Donald J. Trump Speaks at the 2019 National Association of Realtors Legislative Meetings on Friday, May 17, 2019 at the Marriott Wardman Park. Photo by Brian Copeland (Flickr). The…
Argentina and the next Global Financial Crisis
President Mauricio Macri and Managing Director of the IMF Christine Lagarde, at the 2018 G7 Summit in Canada • Photo by Casa Rosada (Argentina Presidency of the Nation) On August…
The Global Currency War Has Begun
Over this weekend, China’s Yuan currency broke out of its band and devalued to more than 7 to $1. At the same time China announced it would not purchase more…
US vs. China: From Tariff War to Economic War
Photo by Thomas Peter/Getty Images This past weekend, June 29, 2019 Trump and China president, Xi, met again at the G20 in Japan in the midst of a potential further…
None Dare Call It Victory: U.S. 2018 Elections
Photo by U.S. Embassy Canada For months, the leadership of the Democratic Party hyped the message that a ‘blue wave’ was on its way that would politically engulf Trump and…
Trump’s Phony Trade War
Illustration by DonkeyHotey What’s going on with Trump’s trade offensive? There’s a dual track policy underway: One a phony trade war with US allies; the other a potential (but not…
Who Profited From the $440 Billion Greek Bailout? Not Greeks
Photo by Jon Mitchell This week marks the first anniversary of the 2015 Greek debt crisis, the third in that country’s recent history since 2010. Last Aug. 20-21, 2015, the…
Global Corporate Cash Piles Exceed $15 Trillion
Photo from Public Domain The global economy is slowing – from China to Brazil to South Africa and beyond. Currency wars initiated in 2013 by Japan’s introducing a ‘quantitative easing’…