Chicago (Special to Informed Comment) – Serving as gangster President Trump’s hatchet man, Musk promised a lean efficient government but gave us chainsaw-massacre firings that devastated government functionality. While gloating about solving the fabricated grift and criminality of US foreign aid, Musk terminated life-saving medications for dying babies and ended food supplies for starving children. […]
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Plutocracy
That Sucking Sound you hear is Trump Flushing America down the Toilet
( Tomdispatch.com ) – I remember the phrase from my boyhood, listening to baseball games on the old wooden radio by my bed. A major hitter would be up and — bang! — he’d connect with the ball in a big-time fashion. The announcer in a rising voice would then say dramatically: “It’s going, going, […]
The Only Winners in This Trade War Will Be Trump and His Fellow Billionaires
Trump’s erratic tariffs aren’t a recipe for an industrial comeback. They’re a recipe for corruption. By Peter Certo | April 30, 2025 ( Otherwords.org ) – President Biden left behind an economy that was pretty healthy, conventionally speaking. Unemployment was low and wages were rising, but stubbornly high costs of living opened a door for […]
NYC Comptroller Pursues Lawsuit Against Tesla and Musk for Stock Plunge
By Natalia Renta | – ( Inequality.org ) – In the wake of recent Tesla Takedown protests at hundreds of dealerships across the country, financial officers on both sides of the political aisle weighed in on how to address Tesla’s tanking share price. New York City Comptroller Brad Lander called for accountability from Elon Musk […]
No, Even the Super-Rich Can’t Dodge the Climate-Change Bullet
They think they can — and that thinking just may doom the rest of us. ( Inequality.org) – So where do you see yourself living the rest of your life? The richest among us are keeping their options all open. On the one hand, our deepest pockets are buying up new super-luxury abodes as if the […]
The USAID that Elon Musk Never Knew
( Tomdispatch.com ) – What put the U.S. Agency for International Development (USAID), with an annual budget hovering at just about 1% of federal spending, at the top of Elon Musk’s budget-cutting target list? Was it just a political calculation that foreign aid is a safe target because it’s unpopular with so many Americans and […]
Trump’s Mega-Tariffs will Concentrate Wealth even More
Import taxes will be passed onto the consumer, while the rich will prosper from slashed taxes. by Omar Ocampo | – ( Inequality.org ) – Trump’s trade policies have been wildly unpredictable in the first two months of his second presidency. Tariff deadlines have come and been delayed with no rhyme or reason, leaving cross-border […]
How Overpaid CEOs Hurt the Rest of Us
At Wells Fargo, I saw firsthand how excessive CEO pay harms workers and customers. Congress should use tax policy to rein it in. By Kieran Cuadras | ( Otherwords ) – CEO pay has been skyrocketing for years now, fueled in part by tax cuts for corporations and ultra wealthy individuals. That’s not just unfair […]
Back to the Bad old Days of Empire and Self-Destructive Tariffs: Trump as McKinley Redux
Orono, Maine (Special to Informed Comment; Feature) – Among tariffs, territorial ambitions and other threats to America’s well-being by Pres. Trump, one of the more severethreats may be his willful ignorance concerning the severity of climate change. Michael Mann, one of America’s most highly regarded climatologists, noted that the Trump Administration has given polluters and fossil fuel promoters, “the keys to the fossil fuel car […]
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