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Broke the Koch Brothers' Takeover of America

This article is cross-posted on Naked Capitalism.

Another Monday, another “deficit crisis” panic. If you haven’t got the feeling yet that you’re being played like a sucker over this alleged “deficit crisis,” then let me help you cross that cognitive bridge to dissonance. It comes in the figure of the recently-deceased William Niskanen, the embodiment of how Reaganomics and the Koch brothers’ libertarian movement were joined at the hip. Niskanen was an advisor to Ronald Reagan throughout the 1970s; a board director for the Koch-founded Reason Foundation; a member and chairman of Reagan’s Council on Economic Advisers from 1981-85; and he moved directly from Reagan’s side back to the Koch brothers’ side, as chairman of the libertarian Cato Institute from 1985 until 2008. This is a brief story about how the 1% transformed this country into a failing oligarchy, and their useful tools, starting with A-list libertarian economist William Niskanen, Chicago School disciple of Milton Friedman, advocate of the rancid “public choice theory.” (more…)

November 21st, 2011 | Comments (12)

Why The American Right Never Liked V.S. Naipaul

I’ve often wondered why the American Right has been so quiet about V.S. Naipaul. He’s easily the most talented reactionary writer in the English language–maybe the only living talent left in the right-wing zombiesphere. The American Right devotes an insane…

July 1st, 2011 | Comments (95)

Property Taxes Are For Parasites: Billionaires Use The "Fake Farm Loophole" To Not Pay Any...

For all those feeling the pinch this Tax Day, rest assured America’s wealthiest one percent have no idea what you’re going through. Not only have they shaved over $100 billion off their income taxes thanks to Bush’s tax cuts, but many won’t be paying their property taxes, either.

April 14th, 2011 | Comments (19)

Reagan’s Cheshire Snarl

“I know these people in my goddamn blood!” –Hunter S. Thompson’s Attorney I’ve had Reagan all my life. In 1967, 13 years before the rest of you got President Reagan, he became governor of California. It was the terrarium in…

February 5th, 2011 | Comments (78)

"The  Abominable Chimp-Fucker Is Dead!" An eXile Tribute To Ronald Reagan, Part 2

This article was first published in The eXile on June 10, 2004 “One thing’s for sure. Pessimism never created a job.” — From Bush’s new anti-Kerry television ad For my first two months out here, watching the Republican goon-machine retreat into the…

February 5th, 2011 | Comments (8)

Homeless In Mourning: An eXile Tribute to Ronald Reagan, Part 3:

Homeless Mourn Reagan Normanson PodKristolwitz June 10, 2004 NEW YORK (Weekly Standard) — Hundreds of thousands of homeless Americans mourned the death of former president Ronald Reagan, whom they view as a hero and patron for cutting government funding of…

February 5th, 2011 | Comments (3)

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

June 17th, 2010 | Comments (3)