The IMF forgives Ukraine's debt to Russia
on Tuesday, the IMF joined the New Cold War. When IMF head Christine Lagarde made the last IMF loan to Ukraine in the spring, she expressed the hope that there would be peace. But President Porochenko immediately announced that he would use the proceeds to step up his nation's civil war with the Russian-speaking population in the East -- the Donbass.
Keynesianism vs. Reaganism: Professor Richard Wolff Summarizes the Decades-long Struggle & Explains Why It's Important
To Keynes in the early 1930s it was obvious that our capitalist economic system was not working, AND that it would certainly not "self-correct" without an enormous amount of unnecessary destruction and pain. Many millions were unemployed and remained unemployed while huge portions of the country's productive apparatus were sitting idle, producing nothing, providing no jobs. Clearly federal intervention would be required.
Opposing Tyranny From Both the Left and the Right
Pete Seeger once said that a true liberal opposes tyranny from both the left and the right. He was correct. Progressives need to stand up to dictators, murderers, crooks, and corrupt politicians on the left and the right. Otherwise, we wouldn't be progressives at all.
Trump Didn't Vote to Kill 1 Million Muslims in Iraq, Hillary Did
Thanks to Glenn Greenwald for pointing out that the U.S. media is acting as though Donald Trump just invented bigotry this week (one of those ugly details I'm happy to miss by never watching television). But not only is explicit bigotry toward Muslims not new, implicit bigotry toward Muslims has been the foundation of the largest public project in the United States for the past quarter century.