Browsing the "banksters" Tag

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James Howard Kunstler: The hot mess in Houston will never be the same after Hurricane Harvey

It wasn’t until more than a week after Hurricane Katrina slammed into New Orleans in 2005 that the full extent of the damage was recognized and so it will go with the hot mess where Houston used to be. Mostly, it is inconceivable that the business activity which made Houston the nation’s fourth largest city […]

September 1st

James Howard Kunstler – Amazon vs Walmart, the monster battle that’s destroying our cities

As the empire deliquesces into a fetid slurry of economic failure, we stand ankle deep in the rising swamp waters witnessing the futile battle of the giants, Walmart and Amazon. Neil Howe, co-author of The Fourth Turning, wrote this week that “[t]he Amazon-Walmart rivalry will determine the future of retail.” Well, it seems that way, perhaps, and […]

August 11th

James Howard Kunstler: Trump’s bigger, better financial meltdown (you won’t believe what comes next)

Interestingly, the 25th amendment allows for the removal of a president from office on account of incompetence or disability, but not for being an embarrassment to the nation. Who needs Russia when the Tweety-Bird-in-Chief is hacking his own presidency into a global joke? Or at least it might be a joke if the USA weren’t such […]

James Howard Kunstler – Going to financialization hell in a handbasket of deplorables

As our politicos creep deeper into a legalistic wilderness hunting for phantoms of Russian collusion, nobody pays attention to the most dangerous force in American life: the unraveling financialization of the economy. By James Howard Kunstler Financialization is what happens when the people-in-charge “create” colossal sums of “money” out of nothing — by issuing loans, […]

The Pollution Industry Just Wants To Love You

It’s a warm summer night and you’re enjoying the cool breeze off of a wonderful Caribbean beach. There are no cancer-causing power plants around, because the island has gone solar. A greasy oil company exec is nearby, with the scent of millions or billions earned off the backs of working-class Americans wafting off his pale […]

May 30th

James Howard Kunstler – On a collision course with stark reality

By James Howard Kunstler The staggering incoherence of the election campaign only mirrors the shocking incapacity of the American public, from top to bottom, to process the tendings of our time. The chief tending is permanent worldwide economic contraction. Having hit the resource wall, especially of affordable oil, the global techno-industrial economy has sucked a […]

September 19th

Bill Moyers – We the Plutocrats vs We the People

By Meteor Blades Sometimes, an excerpt—even a long one —simply doesn’t do justice to an essay. Since that is the case with Bill Moyers’ piece “We, the Plutocrats vs. We, the People—Saving the Soul of Democracy,” first published by TomDispatch, I’m only providing the link along with his ending paragraph. I know some of you may click that link and upon […]

September 15th

James Howard Kunstler – LOL’s labor lost

By James Howard Kunstler A pleasant lull lies over the land where today fewer people labor honestly — and some labor gruelingly for too little — while a matrix of rackets sustains the illusion that our living arrangements have a future. Is Quarterback Colin Kaepernick on the minds of the millions moiling around their backyard […]

September 5th