4th Media: Wave of US Municipal Bankruptcies Caused by Wall Street Predatory Interest Rates, NOT Pensions

Wave of US Municipal Bankruptcies Caused by Wall Street Predatory Interest Rates, NOT Pensions The political establishment and the media have relentlessly promoted the myth that the crisis in Detroit and in cities across the US is a product of overgenerous spending on social services and benefits, with public employee pension liabilities cited as the …

SchwartzReport: Truths

It is an article of faith by the Theocratic Right that poor people generally abuse social programs. They are drug abusers, who just want to lay around and who squander the government’s largesse on booze, and $600 purses. The fascinating thing is that every time they get a chance to prove this the opposite is …

Jean Leivins: SLATE Falls Short in Covering the Sharing Economy

The only thing more tired than the “sharing economy” meme might be this opinion. While there’s truth in what he and many others before him have said, his post throws the baby out with the bath water. It shows a shallow understanding of the economic transformation underway, and this being Slate, with millions of readers, …