Category Archives: Corporate Welfare

Mass Distraction And Fake “V-Shaped” Recovery Provide Cover For The Fed Induced Crash

By Brandon Smith Source: Alt-Market.com This article, originally titled ‘The Fed Just Got Cover For The Collapse Of The US Economy’, was written by Brandon Smith and first published at Birch Gold Group The scapegoating has already started. In almost every … Continue reading

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Private gain must no longer be allowed to elbow out the public good

By Dirk Philipsen Source: aeon Adam Smith had an elegant idea when addressing the notorious difficulty that humans face in trying to be smart, efficient and moral. In The Wealth of Nations (1776), he maintained that the baker bakes bread … Continue reading

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America’s Super-Rich See Their Wealth Rise by $282 Billion in Three Weeks of Pandemic

America’s billionaires have accrued more wealth in the past three weeks alone than they made in total prior to 1980. By Alan Macleod Source: Mint Press News A new report from the Institute for Policy Studies found that, while tens of millions … Continue reading

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Corporate Looting as ‘Rescue Plan,’ Robber Barons as ‘Saviors’

By Joshua Cho Source: FAIR.org For a perfect illustration of how corporate media function as ruling class propaganda, watch how they spin a titanic upward redistribution of wealth as a “rescue plan” for the US economy, and paint a robber … Continue reading

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No, This Is Not Another 1929, 1973, 1987, 2000, or 2008

By Charles Hugh Smith Source: Of Two Minds Basing one’s decisions on analogs from the past is entering a fool’s paradise of folly. Like addicts who cannot control their cravings, financial analysts cannot stop themselves from seeking some analog situation … Continue reading

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Why Post-Coronavirus America Will Have Massive Poverty

By Eric Zuesse Source: Strategic Culture Foundation The way that Congress and the President structured America’s coronavirus bailout legislation, the protections that go to the super-wealthy start immediately, but the protections that go to the neediest — the soaring numbers … Continue reading

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Neoliberal Economics Destroyed the Economy and the Middle Class

By Paul Craig Roberts Source: PaulCraigRoberts.com According to official US government economic data, the US economy has been growing for 10.5 years since June of 2009. The reason that the US government can produce this false conclusion is that costs … Continue reading

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Get Ready For An Economic Wake-Up Call This Holiday Season

By Brandon Smith Source: Alt-Market.com If we are to measure the concept of “economic recovery” in real terms, then we would have to look at the fundamentals (not stock markets) and whether or not they’re improving. Unfortunately, not all economic … Continue reading

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