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“I wouldn’t want to be twenty-years-old now. I fear for what’s coming.”
— Hunter S. Thompson, 2003

Generational analysis is bullshit. Or so I’m told. Fit for netroots liberals and horoscope clippers, maybe. And to be fair, it’s mostly thinktank types who’ve been profiting off that whole Millennials Rising genre. One of the authors of that book is a former writing partner of Pete G. Peterson’s, the octogenarian billionaire who has spent the last couple of decades trying to kick over the Social Security ladder before us young’ns can scamper up and collect. Most of it reads like a debriefing after a recon mission—you can feel them sizing us up, drawing up blueprints for the generational counterrevolution that we’re living through right now. (more…)

February 6th, 2012 | Comments (98)

Get Ready For TARP 2.0!

This article by Yves Smith is cross-posted from Naked Capitalism. Washington DC appears to be readying itself for a repeat of the TARP, namely, the passage of unpopular legislation to appease the Market Gods (and transfer even more income from…

July 25th, 2011 | Comments (18)

The Great Higher Education Swindle! Secret Of Success For World's Top 25 Billionaires: University Education Is For Suckers!

September 16th, 2010 | Comments (1)

How Reagan Republicans Destroyed America: An E-Z Chart Guide For Dummies

June 17th, 2010 | Comments (3)

Debtor's Prison Is Back! Number Of Americans Jailed Until They Pay Their Debts Soars...Isn't The 19th Century A Lovely Place To Live...

June 9th, 2010 | Comments (4)

Geithner Lifts Ass For Chinese Masters

Treasury Secretary Tim Geithner is in China today, doing whatever it takes–no matter how shameless and sordid– to make sure that the Chinese don’t pull out of American bonds, which are tanking in value thanks to Geithner’s multi-trillion-dollar gift to…

June 1st, 2009 | Comments (21)