HISTORICAL FACTS: 7 - The Untold Story

US banks want socialism for themselves - and capitalism for everyone else

When banks like Silicon Valley Bank collapse, money floods to bigger ones like JPMorgan. Clients know they’re ‘too big to fail’

The Guardian - US · Mar 19, 2023

There’s a deeper story to Silicon Valley Bank’s failure. What can we learn from it?

Financial deregulation led to the crash in 2008 and it could again in 2023. It’s time to make banking boring again

The Guardian - US · Mar 13, 2023

Republicans are threatening to default on the US national debt. Don’t believe them

Here’s a dirty secret: both Republicans’ debt hysteria and Biden’s proposed tax hikes are pure theater. Neither will happen

The Guardian - US · Mar 9, 2023

Republicans aren’t going to tell Americans the real cause of our $31.4tn debt

The rich used to pay taxes. Now they loan money to the US government – at a profit that everyone else pays for

The Guardian - US · Feb 1, 2023

Is Joe Biden a viable candidate for 2024?

The discussion about Biden’s re-election conflates five different questions. Let’s look at them one by one

The Guardian - US · Jan 23, 2023

There is no US labor shortage. That’s a myth

There is, however, a shortage of jobs paying sufficient wages to attract workers to fill job openings

The Guardian - US · Jan 15, 2023

The FTC is back to being the activist US agency progressives sought in 1914

Last week, under its Biden-appointed chair, the Federal Trade Commission proposed a new rule banning non-compete agreements – and it’s a big deal

The Guardian - US · Jan 12, 2023

House Democrats should unite with moderate Republicans to elect a speaker

In exchange for backing a relatively moderate Republican such as Fred Upton or David Joyce as speaker, Democrats should demand they get equal seats on committees

The Guardian - US · Jan 5, 2023

Republicans fight over speaker of the House – but whoever wins, the party loses

The Republican party has collapsed under its own contradictions, competing impulses and fear of the base

The Guardian - US · Jan 3, 2023

It’s hard to believe, but things are getting better. They will continue to if we keep up the fight

Setbacks notwithstanding, we are better today than we were 50 years ago, 20 years ago, even a year ago

The Guardian - US · Jan 1, 2023