In the early 2000’s, the co-chairman of the Cato Institute’s Project on Social Security Privatization, José Piñera, played a key role advising and overseeing Slovakia’s mass pension privatization, which passed in 2003 under the free-market government of Mikulas Dzurinda. Today, Slovakia’s retirees are groaning under the austerity pain administered to them by the Cato Institute.

This is for my fellow Millennial. The one who gets his or her rocks off to visions of a glorious Boomer-hegemonic extinction, like those old claymation movies of dinosaurs getting nuked by meteor-fire. This is for those of you who, like me, need a vision of that mighty Boomer Brontosaurus keelin’ over for good…

Here is the private letter from Charles Koch to Nobel Prize economist Friedrich Hayek, godfather of today’s free-market movement. The letter was obtained by Yasha Levine from the Hayek Archives at the Hoover Institution at Stanford University. It is part…

There’s right-wing hypocrisy, and then there’s this: Charles Koch, billionaire patron of free-market libertarianism, privately championed the benefits of Social Security to Friedrich Hayek, the leading laissez-faire economist of the twentieth century. Koch even sent Hayek a government pamphlet to help him take advantage of America’s federal retirement insurance and healthcare programs.

The three year bad joke that is the Obama administration delivered its punchline last night, and as expected, it just wasn’t very funny. So, for the last time I will tell you progressives, liberals, Democrats whatever it is you ascribe to: This president will not be reelected. Your president is d-u-n-n, dunn!

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…