Economic Update - Fake Competition, Real Cooperation - 05/28/14

28May

Updates on evaluating privatization of public schools, engineers’ class action against Apple, Google, Intel and Adobe, and US homeownership gives way to renting. Major discussions of big movement into worker coops in Cuba, different experience of Yugoslavia, and requiring departing corporations to pay back for publicly funded gifts received. Response to listener question on self-employment.

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Economic Update - Yet More Big Bank Misdeeds - 05/21/14

21May

Updates on US sanctions against Putin aides, relative decline in US median disposable income, stunning "accounting error" by Bank of America, and clever manipulation of US regulators by 15 biggest US banks. Major discussions of declines in discount stores reflecting absence of mass recovery, successes and growth of worker coops in Spain's deep economic crisis. Response to listener question on reverse mortgages and declining quality of jobs in US.

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Economic Update - Corporations, Wages and Jail - 05/14/14

14May

Updates on no growth in US, China overtakes US, costs of GM bailout, defeat of bill to raise minimum wage while Hawaii raises its minimum. Major discussions of Pfizer decision to relocate to UK, European Court supports Tobin (financial transactions) Tax  and the stunning economics of prisons and jails in the US.

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Economic Update - Shameful Economics - 05/07/14

7May

 Updates on Alabama prison/slave labor, automobile irrationalities, and the California drought. Major discussions of: cutting public employee pensions, cutting state support for public higher education, and lotteries as disguised taxes on  middle and poor Americans. Responses to listener questions on the Federal Reserve "creating" money and why corporations operate overseas and then want government (taxpayers') support for corporations' foreign operations. 

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