Tag: Banana republic

Trump’s Space Force: Nuclear Lunacy

Yves here. I’m old enough to remember Reagan’s much-touted “Star Wars” program. In this Real News Network segment, Daniel Ellsberg explains why Trump’s effort to revive Reagan’s failed idea still won’t work. Not only is it another pork program, but it would actually increase the odds of nuclear war. PAUL JAY: Welcome to The Real […]

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Brexit: Blame It on the Banking Crisis

Yves here. This post on Brexit reminds me of Tom Ferguson’s district-by-district analysis of the special Senate election in 2010 after Ted Kennedy died, where the win by Republican Scott Brown meant the Democrats lost their filibuster-proof majority in the Senate, a fact the Obama Administration used for meeting the Republicans more than half way. […]

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GoFundMe CEO: ‘Gigantic Gaps’ In Health System Showing Up In Crowdfunding

By Rachel Bluth, Reporter for Kaiser Health News and Peggy Girshman Fellow. She was previously the lead political correspondent for the Annapolis Bureau of Capital News Service and has also written for the Maryland Reporter and the Prince George’s Sentinel. Originally published at Kaiser Health News Scrolling through the GoFundMe website reveals seemingly an endless […]

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The Shutdown Will Harm the Health and Safety of Americans, Even After It’s Long Ove

By Morten Wendelbo, Research Fellow, American University School of Public Affairs. Originally published at The Conversation With the U.S. federal government shutdown now the longest in history, it’s important to understand what a shutdown means for the health and safety of Americans. The good news is that in the short run, the consequences are relatively […]

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Longtime Reporter Leaves NBC, Accuses Media of “Lionizing Destructive Organizations” Like the FBI

By Thomas Neuberger. Originally published at DownWithTyranny! The Praetorian Guard declares a cowering Claudius emperor after murdering Caligula (from a painting by Lawrence Alma-Tadema) I’d argue that under Trump, the national security establishment not only hasn’t missed a beat but indeed has gained dangerous strength. Now it is ever more autonomous and practically impervious to […]

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CalPERS Fiasco 2: Confidential Member Data at Risk by Letting Company With No Contract Have Access; CalPERS Apparently Still Has No Deal With Any Vendors for Upcoming Elections

CalPERS has managed to outdo itself in terms of screwing itself up, and in this case, its beneficiaries too, by flouting contractual arrangements in its board member elections. CalPERS chose to outsource a core government activity, the administration of its elections. It then got caught when one of its vendors pulled out at the worst […]

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CalPERS Fiasco: Impermissible Non-Public Board Election Count; Failure of Widely Criticized Internet Voting to Deliver on Any Goals; Botched Tabulation

Today, we have two articles on CalPERS’ election mess. The first describes what might be deemed a predictable CalPERS screw-up, illustrating yet again how much the institution has fallen in terms of integrity, particularly its bad habit of covering up rather than cleaning up problems. Not only did changes in CalPERS board election procedures approved […]

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‘A Reckless Advocate of Military Force’: Demands for John Bolton’s Dismissal After Reports He Asked Pentagon for Options to Strike Iran

Yves here. I am surprised that Bolton has lasted this long. Bolton has two defining personal qualities that are not conducive to long-term survival with Trump: having a huge ego and being way too obvious about not caring about Trump’s agenda (even with the difficulties of having it change all the time). Bolton is out […]

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Wolf Richter: Oops, SpaceX to Lay Off 10% of its Employees after Funding Fiasco in November

By Wolf Richter, a San Francisco based executive, entrepreneur, start up specialist, and author, with extensive international work experience. Originally published at Wolf Street What SpaceX is trying to do has “bankrupted other organizations,” it said. SpaceX, the unicorn startup with a newly minted $30.5 billion “valuation” and dreams of sending humans to Mars shortly, […]

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Off-Roading, Chopped Joshua Trees, Overflowing Toilets: Our National Parks During a Shutdown

Yves here. I’m running this piece because the destruction of national parks during the shutdown is strong evidence of the decay in social capital. While history shows again and again that old farts bemoan the decline in morays of the young, it’s still disturbing to see large groups of people take advantage of a lack […]

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The Downside of Market-Minded Philanthropy

By David Campbell, Associate Professor of Public Administration, Binghamton University, State University of New York. Originally published at The Conversation Billionaires made some eye-popping donations in 2018. Amazon founder Jeff Bezos announced plans to spend US$2 billion to help the homeless and create a network of free preschools. Media mogul and former New York City […]

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Trillions In IPO Funds At Risk Over Government Shutdown

Yves here. Let us all shed crocodile tears for the fact that Uber’s IPO may get done behind schedule. By Michael Kern , a newswriter and editor at Safehaven.com, Oilprice.com, and a writer at Crypto Insider. Originally published at SafeHaven Welcome to day 20 of the government shutdown over a $5-billion border wall that’s taken […]

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Kamala Harris Tells Big Lie: That 2012 Mortgage Settlement Was a Good Deal for Homeowners

The Big Whopper season is already upon us, in the form of presidential aspirants telling egregious lies about their track records. The Wall Street Journal tonight covers a section from Kamala Harris’ new book, in which she touts what a great deal she got for California homeowners in the so-called Federal-49 state National Mortgage Settlement […]

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New Documents Reveal a Covert British Military-Intelligence Smear Machine Meddling In American Politics

By Mark Ames, co-host of the Radio War Nerd podcast, author of Going Postal and publisher of The eXile, and Max Blumenthal, an award-winning journalist and the author of books including best-selling Republican Gomorrah, Goliath, The Fifty One Day War, and The Management of Savagery, which will be published in March 2019 by Verso. He has […]

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Here’s What a Real Strike Looks Like: 150 Million Say No to Despotism in India

Yves here. Even though the gilet jaunes are getting a lot of interest due to the vivid images of damage to Paris, other important protests for labor and against inequality are being neglected by the Western media. One is against anti-labor “reforms” in India. By  Vijay Prashad, an Indian historian, editor and journalist. He is […]

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CalPERS Star Hire Elisabeth Bourqui Resigns Suddenly After Only Eight Months, an Indictment of CEO Marcie Frost; Insiders Speculate Private Equity Was the Cause

It’s becoming harder and harder for CalPERS to hide its dirty laundry. Last May, Elisabeth Bourqui joined CalPERS as its Chief Operating Investment Officer. Bourqui had an extremely impressive background and if anything was overqualified for the role,1 to the degree that some thought she might be a Chief Investment Officer in waiting.2 Bourqui departed […]

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Richard Murphy: Davos Wants a Better Measure of Failure

Yves here. Unfortunately, the Davos man is still very much with us. And now they want us to think that they care. Gah. By Richard Murphy, a chartered accountant and a political economist. He has been described by the Guardian newspaper as an “anti-poverty campaigner and tax expert”. He is Professor of Practice in International Political Economy […]

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Starting the New Year Badly and Well

By Thomas Neuburger (aka Gaius) Originally published at DownWithTyranny! BREAKING: Gov. Jay Inslee to offer pardons for thousands with misdemeanor pot convictions https://t.co/EesejA88hz via @seattletimes — Jim Brunner (@Jim_Brunner) January 4, 2019 As we gear up for the full blast of the next new year, I want to offer a selection of items for your […]

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