For a much-needed parody about the failure of corporate capitalism, check out this article in the Monthy Review. If you don’t think unregulated corporate capitalism has a lot of problems, how do you explain the sad fact that Trump became a billionaire? This is a very clever, much-needed light parody
“Trust me,” Trump said, “I’m, like, a smart person.” The unspoken and emerging realization is that President Donald Trump suffers from mental stability, specifically a “Narcissistic Personality Disorder.” While making any psychiatric diagnosis without actually having frequent meetings with a person is based on educated conjecture, it is not without precedent.
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As President Obama leaves office this month after two terms, people should rightfully assess his achievements, especially those related to financial reform after the largest recession since the Great Depression. But for those who take the time, Obama’s financial reform legacy is non-existent. He had a Democratic majority at the
In the past few years, the investment and banking industries have absorbed news that the world’s largest indexes—LIBOR, gold, silver and even the largest world market, foreign exchange—have all been victimized to various degrees by global banks and their traders who help set and also benefit from these same benchmarks.
A recent study conducted by Stanford University’s Graduate School of Education found that students could not differentiate between “fake” news, defined as sponsored content on web sites, from real news prepared by attributable journalistic sources and legitimate news outlets. Based on their study of over 7,800 middle school, high school
While the 2016 election is going to have serious ramifications for political journalism for years to come, it should also be noted that financial broadcast journalism is more reactionary and conservative than political journalism and is just as dangerous to average Americans. The reason is that broadcast financial journalists are
In an earlier post on this site, (When Did Reporters Become Wimps), I noted that many journalists who used to be called enterprise reporters have become less aggressive. Even worse, some have become shills for the political interpretation of the news. But it is important to note that this has not always been
The current presidential election represents both a new nadir in national electoral politics and in the journalism that is covering it. Not since the days of Yellow Journalism in the late-1800s when sensationalism dominated over factual reporting has the press been so divided and partisan. But the added twist today
As an earlier article on this web site said, there were no chairs thrown at the Bernie Sander Democratic convention in Nevada. The media did a poor job of verifying an allegation by a second-hand blogger that chairs were thrown, but the political media never did their basic job of