Thom's blog

How the GOP Used a Two Santa Clauses Tactic to Con America for Nearly 40 Years


This scam has been killing wages and enriching billionaires for decades.

"The only thing wrong with the U.S. economy is the failure of the Republican Party to play Santa Claus."

-Jude Wanniski, March 6, 1976

Neoliberalism Is Creating a Mental Health Crisis

Meagan Day writing over at Jacobin magazine is quoting from a new study that was published in Psychological Bulletin written by Thomas Curran

GOP Is Wrecking Your Retirement Savings

The rich get richer, and the poor will never be able to retire.

The #GOPTaxScam was the straw that broke the markets’ back. Here’s why and how.

First, America is hugely in debt (known as “overleveraged” in econ wonkspeak).

The End Of Democracy Brought to You by Thatcher, Reagan and Trump

The corruption of small D democracy, the corruption of human rights, the corruption of civil rights, the destruction, actually, of civil and human rights, the destruction of the public sphere, the the deconstruction of government - or as Steve Bannon famously said, the deconstruction of the administrative state, in other words taking apart government.

Did Trump Just Announce His 9/11 'Unification' Strategy?

There are two bright-red warning lights flashing right now on the dashboard of what's left of American democracy. While Donald Trump is hyper-aware of both of them, the media and most of our politicians are ignoring them.

They are War and Crash.

War

Is Trump trying to purge the government of disloyal elements?

In his State of the Union speech this week Donald Trump asked Congress to give him the power to purge cabinet agencies. He said:

Did Trump Violate The Hatch Act By Asking Supporters To Donate During The State Of The Union?

I got this email a couple of days ago from Trump headquarters after I got off the air, it was 4:10 p.m. Pacific time: "Fred," (because I'm registered as Fred Flintstone with the Trump campaign)...

What Will Happen to the Economy When the Federal Reserve Stops Buying Bonds?

Chuck Butler does a daily newsletter called the Daily Pfennig - the German word for penny - and he talked about a Minsky moment in bonds in yesterday's newsletter.

Why Donald Trump is actually the Ultimate "Globalist"

So Donald Trump goes to Davos and the whole media in America is like, "whoa, he's hanging out with the globalists, how can he do that?"

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Latest Headlines

Who rejected United States-North Korea peace talks?

There were conflicting reports on Sunday regarding a recent proposal for United States-North Korea peace talks which was allegedly made before North Korea"s recent nuclear test

U.K. Pound Falls As Markets Get Brexit Jitters

Bloomberg said on Monday the pound had sustained its biggest fall against the dollar in 11 months

Clinton: I'll defend Israel but push for 'two-state solution

Hillary Clinton believes both Republican candidates Donald Trump and Ted Cruz "missed the mark" with their approach to the Israel-Palestinian Arab conflict