The regulatory response to the economic meltdown of 2008 was wholly inadequate. In response, the Institute for Local Self Reliance has launched a community bank initiative. It would be great if Thom would invite somebody from ILSR onto his show; but, failing that, check out these folks for yourself:
“Perpetual accumulation at a compound rate depends on the permanent availability of sufficient accessible reserves of labour power. What Marx calls “an industrial reserve army” is therefore a necessary condition for the reproduction and expansion of capital. This reserve army needs to be accessible, socialized, disciplined and of the requisite qualities (i.e.
How ironic that one of the two failed political parties in the U.S. – the Republicans – who use “communism” as a frequent rallying cry to opposition have a view of capitalism remarkably well described by Karl Marx’s. For additional reading try “Capital” and “Grundrisse der Kritik des Politischen Okonomie”
The conversation shifted from middle class demise to the supposed vices of the poor. That is nuts. Most poor do not spend their money on cigarettes and lottery tickets (another meme for black Americans?). But he also implied that the middle class is failing because of the same vices and lack of foresight. Make them stay on topic. Don't let them shift to a right wing rant.
thankyou for answering me
Border Patrol agents recently arrested 13 illegal immigrants disguised as U.S. Marines and riding in a fake military van, U.S. Customs and Border Protection said Tuesday.
The illegal immigrants were clad in Marine uniforms when they were apprehended at the Campo Border Patrol Westbound I-8 checkpoint at 11 p.m. on March 14 near Pine Valley, Calif., border officials said. Two U.S. citizens in the van also were arrested.
I listen to AM 760 from Boulder, Colorado. Almost everyday and enjoy how knowledgeable you are Thom.
BURY THE ENTIRE PLANT - ENCASE IT IN CEMENT - LET THE JAPANESE LIVE WITH IT..... They caused it ...They have put my wife in danger; and that really pisss' me off.
THEY MADE A PLAN,
THEY’RE WORKING THE PLAN