Demowp

Tag: Economy

  • American Labor: Prospects and Possibilities

    American Labor: Prospects and Possibilities

    Starbucks workers at over 100 sites greeted Spring and the company’s new CEO by walking off the job. Some pundits hail this action as a reflection of labors’ growing new strength. Public approval of unions is at a fifty year high, petitions for union elections are on the upswing, and the recent well-publicized organizing victories […]

  • You Strike the Women, You Strike the Rock, You Will Be Crushed

    Arnold Böcklin (Switzerland), Isle of the Dead, 1880. What constitutes a crisis worthy of global attention? When a regional bank in the United States falls victim to the inversion of the yield curve (i.e., when short-term bond interest rates become higher than long-term rates), the Earth nearly stops spinning. The collapse of Silicon Valley Bank […]

  • What Red State vs. Blue State Looks Like to an Ant

    What Red State vs. Blue State Looks Like to an Ant

    Just watching the two major parties ruthlessly claw at and attempt to malign and delegitimize each other, then seeing people now excitedly lining up on one side or the other like opposing Ninja turtle teams is both amusing and frightening.  We can count on the talking heads and modern media to regurgitate a story line […]

  • Reckless Capitalist Banks Rescued by Government Socialism – Again!

    Once again, government socialism – ultimately backed by taxpayers – is saving reckless midsized banks and their depositors. Silicon Valley Bank (S.V.B) and Signature Bank in New York greedily mismanaged their risk levels and had to be closed down. The Federal Deposit Insurance Corporation (FDIC), in return, to avoid a bank panic and a run […]

  • North Carolina Strives To Extend and Increase Low-Performing Virtual Charter Schools

    Brick-and-mortar charter schools are notorious for being low-performing schools, even though they often cherry-pick their students to get the “best test results.” Poor academic performance is one of the three main reasons charter schools, which are privately-operated, close every week, leaving many parents, students, and teachers high and dry. Mismanagement and financial malfeasance are the […]

  • Freeing America from the Quagmire of Inequality

    Freeing America from the Quagmire of Inequality

    The levels of wealth inequality we are currently witnessing in this country are unprecedented and alarming. The very richest among us have succeeded in grabbing ever more of the proverbial pie, and the trend is only worsening. Wealth inequality is proving disastrous for America. On both collective and individual levels, we are suffering because of […]

  • The Looming Quadrillion Dollar Derivatives Tsunami

    On Friday, March 10, Silicon Valley Bank (SVB) collapsed and was taken over by federal regulators. SVB was the 16th largest bank in the country and its bankruptcy was the second largest in U.S. history, following Washington Mutual in 2008. Despite its size, SVB was not a “systemically important financial institution” (SIFI) as defined in […]

  • Silicon Valley Bank and the Anti-Regulation Bank Lobby

    Before the financial collapse come the aggressive anti-regulation lobbyists. These are often of the same ilk: loathing anything resembling oversight, restriction, reporting and monitoring. They are incarnations of the frontier, symbolically toting guns and slaying the natives, seeking wealth beyond paper jottings, compliance and bureaucratic tedium. The collapse of Silicon Valley Bank (SVB), for a […]

  • So They Steal from the Paupers

    So They Steal from the Paupers

    Tax time is coming around for the year, 2022, April 15 in the U$A = The Year of Water Tiger, and that Zodiac went completey 180 degrees the other way: The 2022 year of the water tiger promises a 15 year of positive changes. Your business will be stable, and finances will flow smoothly throughout the […]

  • Tale of Two Workers

    Tale of Two Workers

    What are workers? Are they human beings? Do they have only a bundle of muscles but, no brains? How do they feel and how do they think? Do they think at all? What do they face in their life – in factories, in foundries and other shops, in assembly lines, in unions? Workers’ answers to […]

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