Monthly Archives: August 2012

Howard Dean and “progressive” austerity

Howard Dean has a two-minute video on the YouTube channel of the middlebrow online interview group “Big Think.” Dean argues that the country ought to follow through on all of the consequences of the deficit deal from last year, the so-called … Continue reading

Posted in austerity, USA | Leave a comment

Dinesh D’Souza’s Gunga Din routine

Dinesh D’Souza is an idiot. There is really no other way to put this. Cartoonishly childish, profoundly unserious, garishly self-promoting, prone to feigned profundity about his moronic and ill-informed opinions on issues he knows nothing about: These are D’Souza’s stock-in-trade, … Continue reading

Posted in imperialism, Obama, right wing, USA | 1 Comment

Private equity parasitism – a useful introduction

The Naked Capitalism blog is launching a useful series of posts on private equity funds (like Carlyle or Mitt Romney’s Bain Capital). The initial post points out that private equity funds’ great returns are wildly overstated, except for the fund … Continue reading

Posted in pensions, private equity | Leave a comment

Public control of the Fed!

Romney’s call to audit the Federal Reserve, presumably including prompt publication of its deliberations, is a concession to far-right gadfly Ron Paul, and also a policy proposal that Obama ought to endorse. Not that he will: the broad swath of … Continue reading

Posted in Federal Reserve, Obama, Romney, USA, Wall Street | Leave a comment

How to escalate tactically

Is there any series of protests going on anywhere in the world right now that is as inspiring as the militant, non-violent anti-austerity drive by Mayor Juan Manuel Sánchez Gordillo of Marinaleda, Spain? Sánchez Gordillo’s tactically bold initiative has a back-to-the-basics … Continue reading

Posted in austerity, Europe, tactics | 1 Comment