krebscycle

Category: Uncategorized

  • Doug Henwood’s weak dishonesty and Left irresponsibility

    Here’s a tweet from left intellectual Doug Henwood with the always popular Bush=Gore theme. Obama reveals his philosophy of government – downsizing, tax cuts, dereg – and calls it a sharp contrast to Romney’s: washingtonpost.com/politics/full-… — Doug Henwood (@DougHenwood) June 14, 2012 The link is to President Obama’s speech in…

  • Multi-Cultural 4th of July Picnics versus Museum Marxism

    [under edit] The late Robert Fitch’s Obama speech from 2008 has been widely circulated and it should be because it really sums up the dead end confusion and wounded privilege of the American Left as the 21st century gets under way. Fitch begins with an examination of Barack Obama’s 2004…

  • Bain’s sucker capitalism

    Mitt Romney and Bain Capital is what happens when the government gets corrupted by the rich to make what the great venture capitalist Vinod Khosla calls “incumbency capitalism” – capitalism rigged in favor of the people who already are rich. The law is supposed to make sure that managers and…

  • Wall Street is right about bank regulation

    Wall Street is right, the system of bank regulation we have is ineffective, obsolete, a competitive disadvantage for US banks and an unethical subsidy of the richest by the general public. Oh they don’t say that last part, but it’s the most important part. Why does Bank of America have…

  • Rothschild Banking Conspiracy and “the left”

    The right has never lost their enthusiasm for theories in which Masons, Illuminati, and especially Jews exercise shadowy control of world governments for nefarious purposes.  But recently the pathetic remnants of “the left” have also experienced a rash of Rothschild Jew Banker enthusiasm especially for a “quote” from the founding…

  • Random Notes: post-facism, banks, etc.

    This adventure ended in the debacle of 1914. Fascism offered the most determined response to the collapse of the Enlightenment, especially of democratic socialism and progressive social reform. Fascism, on the whole, was not conservative, even if it was counter-revolutionary: it did not re-establish hereditary aristocracy or the monarchy, despite…

  • Adam Smith was not as stupid as modern neoclassicals: interest rates

    Here is Adam Smith explaining why interest rates should be limited by law – to prevent the proliferation of junk bonds and the whole private equity model. The legal rate, it is to be observed, though it ought to be somewhat above, ought not to be much above the lowest…

  • The three-fold path of the anti-Obama left

    To see just how weird the intersection of racism and economics can be in modern America, one need go no further than Yves Smith’s influential “Naked Capitalism” blog and an article with the title: Exclusive: How Obama’s Early Career Success Was Built on Fronting for Chicago Real Estate and Finance…

  • Justice Harlan rebukes Scalia and Kennedy

    When this court had before it the question of the constitutionality of a statute of Kansas making it a criminal offense for a contractor for public work to permit or require his employees to perform labor upon such work in excess of eight hours each day, it was contended that…

  • Justice Holmes rebukes Scalia

    This case is decided upon an economic theory which a large part of the country does not entertain. If it were a question whether I agreed with that theory, I should desire to study it further and long before making up my mind. But I do not conceive that to…