Submitted by: ButtCracker — Review of Prof. Peter Phillips Book Developing the tradition charted by C. Wright Mills in his 1956 classic The Power Elite, in his latest book, Professor Peter Phillips starts by reviewing the transition from the nation…
Submitted by: ButtCracker — TORONTO—Our “corporate coup d’état in slow motion,” as the writer John Ralston Saul calls it, has opened a Pandora’s box of evils that is transforming America into a failed state. The “unholy trinity of corruption, impunity…
Submitted by: ButtCracker — Nobel laureate James Buchanan is the intellectual linchpin of the Koch-funded attack on democratic institutions. Ask people to name the key minds that have shaped America’s burst of radical right-wing attacks on working conditions, consumer rights…
Submitted by: ButtCracker — The Trump administration did not rise, prima facie, like Venus on a half shell from the sea. Donald Trump is the result of a long process of political, cultural and social decay. He is a product…
On February 6 PCR asked if the Plunge Protection Team had stepped in and prevented a stock market correction by purchasing equity index futures. Sure enough, the daily exchange volume chart shows an increase in futures activity on February 2…
The problem with Donald Trump is not that he is imbecilic and inept—it is that he has surrendered total power to the oligarchic and military elites. They get what they want. They do what they want. Although the president is…
Submitted by: ButtCracker — Just five years ago you had no notion that ‘big data’ would overtake oil as the number one traded commodity in the world, never heard of Bitcoin, that social media would play a significant role in…
Submitted by: ButtCracker — If the proposed Monsanto-Bayer merger goes through, the new company would control more than 25 per cent of the global supply of commercial seeds and pesticides. Monsanto held a 26% market share of all seeds sold in 2011.…
So. The US economy is just fine. The post-recession 2010 Dodd-Frank legislation has cured all. Banks have lots of cash. Congress is your friend and that certain-to-pass Tax Cut and Jobs bill will finally allow you, your family and America…
These are the facts: Millions of Americans have asked the Federal Communications Commission to keep its current net neutrality regulations, which protect the free and open internet. These regulations were enacted as a result of decades of hearings, meetings, and…
Submitted by: ButtCracker — Corporate Power is the Fusion of the Corporation and the State The rise of Corporate Power was the fall of democracy. Over the long haul, US politics has revolved around a deep tension between democracy and…
Submitted by: ButtCracker — Federal Communications Commission Chairman Ajit Pai will reveal plans to his fellow commissioners on Tuesday to fully dismantle the agency’s Obama-era net neutrality regulations, people familiar with the plans said, in a major victory for the…
Keith Noreika, Acting-Comptroller of Currency A man holding one of the most important and powerful jobs for keeping the U.S. banking system safe from another epic crash like that of 1929 and 2008 has tongues wagging over the bizarre speech…
Submitted by: ButtCracker — The stars came out in Hollywood on November 2nd, or at least some of them did. The gala event celebrated the Israel Defense Forces (IDF) and raised funds to support its mission in Israel itself and…
Submitted by ButtCracker — Hillary Clinton blames others for last year’s electoral defeat, never recognizing that many Americans — both Democrats and Republicans — found her public record appalling, as Dennis J Bernstein discusses with John Pilger. By Dennis J…
Despite all its armed might and long history of conquests, America remains a perpetually frightened country without a strong movement to protest this imperialism and warmongering, notes poet Phil Rockstroh. By Phil Rockstroh Rumors of war and the lexicon of…
You should be. I certainly am… More and more, I’m encountering people who are simply infuriated with how our “leaders” are running (or to put it more accurately, ruining) things right now. And I share that fury. It’s perfectly normal…
Submitted by ButtCracker — Empires die. Some abruptly, by cataclysmic defeat and destruction; most in stages, over years, decades. Our own meltdown–early in the fantasized “New American Century”–will not be exceptional… unlike our arrogance. When human injury results in coma,…
This is the week-of-weeks when the official grand viziers of finance gather at Jackson Hole, Wyoming, to confab and interpret the lay of animal neck-bones and other auguries scattered in the sand, with the hope of steering the awesome powers…
Submitted by: ButtCracker — An operation that began as a seemingly obscure academic discussion three years ago is now becoming a full-blown propaganda campaign by some of the most powerful institutions in the industrialized world. This is what rightly should…
