Monthly Archives: July 2018


Anti-Trust Law Hollowed Out

New Economic Perspectives has the article Most Ignored and Most Far-Reaching Supreme Court Ruling Yet: Anti-Trust Law Hollowed Out.

A major Supreme Court ruling, Ohio vs American Express, was completely ignored by most media outlets, even though it will have potentially devastating repercussions for consumers in the so-called ‘platform economy’: Uber, Lyft, AirBnB, Facebook, etc. White collar criminologist Bill Black explains the consequences.


I have been postponing reading this for a day or so. Now that I finally got around to looking at this, I find that it about the most horrible economic thing that the Supreme Court could have done.

This is a legislative decision made by the Supreme Court that they have no right to be making. It will go a long way toward increasing income and wealth inequality.

Enforcement of anti-trust laws has been sadly lacking from the executive branch of the government. The solution to much of our income inequality is more stringent anti-trust enforcement. The Supreme Court has just banned this increased enforcement in a very large part of the economy.


Anthony Kennedy and Our Delayed Constitutional Crisis

Naked Capitalism has the article Anthony Kennedy and Our Delayed Constitutional Crisis.

With swing-vote status comes great responsibility, and in the most consequential — and wrongly decided — cases of this generation, O’Connor and Kennedy were the Court’s key enablers.

It’s enough to make you wonder if the Supreme Court was such a good idea from our founding ancestors. Many of you may not be old enough to remember how reviled the Warren Supreme Court was by the segregationists who were against the civil rights decisions. There are always going to be people who think the Supreme Court is horribly wrong. Enshrining them in black robes is not going to make them into wise and unbiased people that everyone can look up to in awed reverence..

In the end, it is always about politics and power.

I’ll say this for Trump. Without him we might have gone on for another 8 years thinking that Democratic President Hillary Clinton was going to solve our problems.


Nomi Prins on the Banks That Run the World (Audio and Transcript)

TruthDig has the article Nomi Prins on the Banks That Run the World (Audio and Transcript)

In this week’s episode of “Scheer Intelligence,” host and Truthdig Editor in Chief Robert Scheer talks with Nomi Prins about her latest and what Scheer calls her “most ambitious” book, “Collusion: How Central Bankers Rigged the World.”

None of this is news to me. I only hope that their explanation of what is going on is clear enough for many others to understand what happened and what will happen. A clear understanding as presented in this interview might be our only hope to get control of the situation.

It’s not the Rothschilds. It is people much closer to home than that. Sure, maybe the Rothschilds may have some hand in this, but if you concentrate on them, you are taking your eye off the ball.


Alexandria Ocasio-Cortez Talks to Glenn Greenwald About the Democratic Party and 2018 Midterms

YouTube has the video Alexandria Ocasio-Cortez Talks to Glenn Greenwald About the Democratic Party and 2018 Midterms.

House candidate Alexandria Ocasio-Cortez talks to Glenn Greenwald about the need for Democratic Party reform, her views on immigration and criminal justice reform, her approach to “identity politics,” why she has taken such unusually blunt positions on Israel and Palestine, and the challenges of running against a machine boss politician.

A more in-depth discussion with Alexandria Ocasio-Cortez is always welcome.