Review (Guest): Winner-Take-All Politics–How Washington Made the Rich Richer – and Turned its Back on the Middle Class

Paul Pierson and Jacob S. Hacker 5.0 out of 5 stars Political Economy January 17, 2011 Retired Reader (New Mexico) – See all my reviews This book is an effort by two political scientist to explain how in the last thirty years or so wealth in the U.S. has become concentrated in the hands of …

9-11 Expose: General Odom Says CIA “Out of Control”

I have read the released Odom interview MFR.  Odom is not kind (perhaps not fair) to CIA or Gen Mike Hayden.  Interview, like all others in extensive series, was done circa 2003-2004.  Some prominent military SO names, such as Schoomaker and Boykin are among the interviewees.  Extent of redaction ranges from fairly light to very heavy.  …

More Bank Equity Is Needed and Not Socially Costly

Much More Bank Equity Is Needed and Is Not Socially Costly Text of Letter Published in Financial Times November 9, 2010 The Basel III bank-regulation proposals that G20 leaders will discuss fail to eliminate key structural flaws in the current system. Banks’ high leverage, and the resulting fragility and systemic risk, contributed to the near …

Assessment of the Position of Director of National Intelligence

The National Commission on Terrorist Attacks Upon the United States (9/11 Commission) was created to examine how the terrorist attacks of September 2001 could have occurred and what could be done to prevent future attacks.  Among other things the Commission recommended that there should be a National Intelligence Director who would have “two main areas …

Journal: Simpson-Bowles Deficit Reduction All Lies?

Casting Light on “The Moment of Truth” Where’s the evidence to back up the fear mongering? A challenge to the Fiscal Commission’s report. James K. Galbraith James K. Galbraith is General Editor of “Galbraith: The Affluent Society and Other Writings, 1952-1967,” just published by Library of America. He teaches at The University of Texas at …