Entries Tagged 'Corruption' ↓

Are Vaccines the Answer?

Thanks to the incessant drone of the media and and social media this century there is a huge split between the “right” and “left” in the U.S.

I look at that split and I feel it only goes to serve the ends of the wealthy to become even wealthier at the expense of the rest of us. Here’s how.

Coronavirus-19 seems to have accelerated that split even faster as we watch the death count in our country rising more and more each day. 

If you don’t believe that corruption lies in D.C. take a look at the chart I just posted on Brucenomics. 

In four weeks, the cream of trillions of dollars was skimmed off by Wall Street, while our President said, “Let them drink disinfectant,” and he urged us to go on contaminating each other by not wearing masks. 

Now on the second-and third- rounds of the “stimulus”, things haven’t changed much. Public corporations are getting money and so are foreign students. The death rates are still underestimated and tests and PPE supplies undelivered.

Now our President is promising a miracle cure in just months. Let’s take a look at the left and right responses to this. Continue reading →

Helicopter Money for Wall Street – Image

This image by the St. Louis Fed is taken from a Wolf Street article  by Wolf Richter in San Francisco. This picture is worth a 1,000 words….

Total assets on the Fed’s balance sheet from debts of the federal government increase to $608 trillion in four weeks. The stimulus program handed out $1.77 trillion to big banks to loan to their largest customers who pay them the biggest fees. All money was spent in four weeks, bankrupting the original stimulus program.

Postscript to Review of Rachel Maddow’s Blowout

This book would be much improved by adding more to its index. Its sixteen page index is way too skimpy for a 406-page book; the index has a paucity of See or See also cross-references; omissions of significant events and inclusion of insignificant mentions, and no double-posting of topics where that is called for.

For example – Ukraine is under Putin, but under Ukraine there is no reference to Putin. Likewise, Carter-Page is listed under Page, not Carter-Page. And there’s no See reference to the name he is usually called.

There are noticeable omissions and commissions of page number mistakes too. Joe Biden is listed on pages 237-239, but there is nothing about him on pages 237 or 238, only page 239.

However, a significant thing about Pussy Riot is listed on page 239 but it’s not in the index, while an insignificant thing is listed on page 226.

On the other hand there is a significant discussion about Pussy Riot on pages 218-219, but the indexer left out Joe Biden’s reaction to that group’s fate at the hands of Putin (on page 219).

However, the biggest omission of all lies in not indexing Rachel’s NOTES ON SOURCES SECTION (pp. 371-390).

These twenty pages contain interesting narratives about each of the twenty-nine chapters in the book. There are names of people, places, and events galore in this section that are not in the index. But readers are very likely to overlook that section in the back of this book.

Truly, the publisher, Crown, an imprint of Random House, should be ashamed!