Posted on October 23, 2015 by Doug Henwood
Fresh audio product
Just added to my radio archive: October 22, 2015 Leo Panitch on the Canadian election • Megan Erickson, author of Class War: The Privatization of Childhood, on class and schools
Posted on September 15, 2015 by Doug Henwood
Sanders, budget-buster?
The Wall Street Journal, one of the more respectable organs of the Murdoch press, put out a sensationalized tally of Bernie Sanders’ spending proposals yesterday: an $18 trillion agenda that would “greatly expand government.” Sensation is Murdoch house style, but the Journal is also supposed to be a serious paper. Here’s how they get to $18 trillion: Sanders’ spending proposals, next 10 years billions of dollars Medicare for all $15,000 Social Security 1,200 infrastructure 1,000 college affordability 750 fund to allow workers paid family/medical leave 319 protecting private pensions 29 one million youth jobs 6 total 18,304… Read More
Posted on February 28, 2009 by Doug Henwood
The virtues of concentration
On op-ed piece in today’s New York Times the latest source to point out that Canada’s banking system is now the most solid and stable in the world. The reasons: Canada has a very concentrated financial system, which is dominated by just five nation-spanning banks, and one that is tightly regulated. Curiously, as the author, Theresa Tedesco, point out, the Canadian national banking model was inspired by the USA’s own Alexander Hamilton, a centralizer and concentrator from way back. This confirms a couple of longstanding obsessions of mine. One is that concentrated financial systems are… Read More
LBO News from Doug Henwood 