New radio product
Freshly posted to my radio archives: April 23, 2011 James Galbraithon deficit hysteria • Matt Taibbi, author of this article (and this one too), on where all that Fed bailout money went, and how no one went to jail for the financial meltdown
Lots of new stuff on LBO website
Freshly posted to the LBO website, five articles from recent issues. If you’d been a subscriber, you’d have seen these already—and a lot more. But it’s never too late to sign up, if you haven’t already: LBO subscription info. The articles: Beastly numbers How do you explain educational outcomes? Poverty, mostly. What a damn mess Just how bad does this economy suck? Real bad. 2009: income down, poverty up, more uninsured income & poverty in the U.S. Charter to nowhere Do charter schools work, and if so, for whom? Old world, new crisis The EU melodrama
LBO 132 out
Just emailed to electronic subscribers, and on press for print subscribers, LBO #132. bouncing around the income ladder: U.S. not so mobile education spending & enrollment: U.S. not so good MONEY The austerity drive intensifies MISCELLANY mythmaking about (un)employment If you don’t subscribe, well, why not? Subscribe here. If you already subscribe, why not give a gift?
Non CREDO
If you’ve got an email account and have a rep as some kind of “progressive,” you’re probably bombarded with offers from CREDO Mobile, often via The Nation and Alternet. Their marketing hook is that the big guys, AT&T and Verizon, support the far right and CREDO is all crunchy and nice. Except that the CREDO part isn’t really true. The company has no network of its own—it uses Sprint’s. And Sprint is aggressively nonunion, while AT&T is unionized. (No doubt AT&T would rather not be unionized, but it is.) But that’s not… Read More
Warning? What warning?
Remember that warning on U.S. Treasury debt from S&P early in the week? The markets don’t. From the Financial Times’ PM Markets summary: Apple gives fresh boost to stock rally Global stock markets are approaching the Easter holiday in fine fettle, with the wobble seen at the start of the week following S&P’s warning on US debt already a distant memory
New radio product
Freshly posted to my radio archives: April 16, 2011 Joel Schalit, author of this piece, on Israeli identity and the problems with saying that the country may be turning “fascist” • Michael Heaney, co-author of this paper, on how Obama demobilized the antiwar movement • Roger Lowenstein, author of The End of Wall Street, on the financial crisis and its aftermath
David Brooks can’t add
Fact-checking David Brooks could be a full-time job. Just yesterday, he wrote this about the federal budget problem: Raising taxes on the rich will not do it. There aren’t enough rich people to generate the tens of trillions of dollars required to pay for Medicare, let alone all the other programs. Almost every word of this is wrong. Medicare doesn’t require “tens of trillions,” unless your budget horizon is something like twenty years. This year, Medicare will cost $572 billion. In 2020, according to the CBO, it will cost $949 billion. Over the… Read More
Against catastrophism
This is the text of my introduction to a panel on catastrophism that (Catastrophism and the Crisis of the Left) that I MC’d at the Left Forum, March 19, 2011, at Pace University, New York. Events in Japan have gotten me thinking about crises in general. At first, I thought that it might promote the realization that finding clean, renewable forms of energy may the most urgent task facing us today. But then I thought back a bit to other energy-related crises. One of my beefs with the peak oilers, aside from… Read More
New radio product
Freshly posted to my radio archives: April 9, 2011 Carrie Lane, author of A Company of One, on how unemployed tech workers see themselves (as heroic, self-reliant questers, mostly) • Adolph Reed on the uselessness of TV liberals, the limits of spontaneity in politics, and the sponginess of race as a politlcal and analytical category
LBO News from Doug Henwood 