Keystone

Keystone pipeline vote: corporate money trumps public good

The fossil-fuel industry is reaping the rewards of its three-quarters of a billion dollar investment to secure a Republican controlled congress. But they weren’t just buying Republicans—in a spirit of bi-partisanship, they bought 37 Democrats. On January 9, 28 House Democrats voted with 238 Republicans to authorize construction of the controversial Keystone XL oil-sands pipeline. On January…

voting booth

Midterms: Democratic Party didn’t give people a reason to vote

It’s absolutely true that Mitch McConnell and the Republicans obstructed every Democratic initiative. On the other hand, Democrats didn’t give people a reason to go to the polls. Why should Democrats bother to vote when its clear their party chooses the needs of banks and corporations over the needs of its constituents? Whatever you think…

Traders-in-New-York-011

Why is the stock market soaring when the real economy is on its knees?

The short answer is the Fed has been propping up the stock market. And, high stock prices are not always tethered to traditional methods of stock valuation, like productivity, price, earnings, growth—all those “fundamentals” you learn about in the “Investing for Dummies” book. The market has become a highly manipulated gambling casino for the elite, where bank…

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