I want to continue my thoughts from yesterday about the possibility of another economic crisis ahead and what President-elect Donald Trump could do for the poor and middle class. For starters, I’m going to state two things that will make Conservatives and Liberals cackle and become pissed — not necessarily in that order or at the same […]
Read More Unpacking Trumpland: Will He Avoid the Economic Storm Ahead?“And now Yellen raised the rates.” I’ll get back to the importance of Yellen in a moment. There’s so much to unpack with this blog, given the panic of fake news, the Trumpocalypse and Evil Muva Russia 2.0 — I’ll need a series of posts to cover everything. But I want to start by explaining […]
Read More Unpacking Trumpland: The Economic Storm AheadIt harms the spirit to think that the 2016 presidential election has distilled our collective vision to a choice between a war hawk who will assuredly leave a trail of Black and Brown limp bodies — as well as a few white Slavic ones — across four continents, and another candidate where there’s a widely-held […]
Read More WELCOME TO 2016 — WHERE WOULD YOU LIKE TO COUNT THE BODIES?If a pimp with no hos means nothing much more than a broke-azz, fancy dresser in need of a career counselor, how much better off do you think a large house full of pimps will fare? That’s why you shouldn’t be surprised about the house full of pimps in this story who collectively decided to […]
Read More EXITING THE PIMPS’ HOUSE — AN ALLEGORYI don’t think National Football League team owners and politicians are feeling Seattle Seahawks cornerback Richard Sherman these days, after he appeared on a sports radio show and suggested a removal of the massive government subsidies used to fund the construction of pro sports facilities. I think Sherman’s statement is bold — considering that his […]
Read More RICHARD SHERMAN IS RIGHT ABOUT GOVERNMENT-SUBSIDIZED SPORTSThe two stupefying Wall Street Journal charts about US credit card debt you see above has caused me to break from my typical Sunday Smack format of simply raising questions without a strong injection of my opinion. Banks are issuing more credit cards today than they did just prior to the 2008 financial crash while […]
Read More SUNDAY SMACK: 2008 ALL OVER AGAIN?Liberal politicians fighting for fast food workers to earn $15 an hour are either thinking on excessively narrow terms or are operating from a dishonest line of reasoning. Conservatives ranting about how fast food “robots” — or order kiosks — are corporate CEOs’ response to the coming wave of government-mandated minimum wage increases are being […]
Read More UNDERPAID FAST FOOD WORKERS AND ROBOTS HAVE FEW FRIENDS IN HIGH PLACESExploring this week’s Sunday Smack about Saudi Arabia’s blockbuster threat to sell approximately three-quarters of a trillion dollars worth of treasury holdings and other US assets should Congress pass a bill that would make the The Saudis responsible for the September 11th attacks requires a background understanding of at least four areas: How the petrodollar […]
Read More SUNDAY SMACK: DID THE SAUDIS LET SLIP THEIR ROLE IN 9/11?A torn backside for the rest of America to see is the risk Presidential candidate Hillary Clinton takes when she constantly fence-hops to give the appearance of being a populist to primary voters while also acting as a member of the Oligarchs Booster Club. She also makes her opponent Bernie Sanders look like a […]
Read More PANAMA PAPERS AND HILLARY CLINTON’S SLOW BURNI’ll get around to posting more detailed thoughts about the economy by next week at latest, but those of you who’ve read my posts like this or this already know that I think the global economic recovery of 2009 is a joke. Yes, “global” includes the United States. In “The Coming Default Wave Is […]
Read More BIG WAVE OF BOND DEFAULTS COMING