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Sam Thielman – American Egg Board’s work to thwart plant-based mayo was wrong – USDA

The American Egg Board, the US Department of Agriculture’s egg-marketing arm, acted wrongly in its attempt to crush a plant-based mayonnaise startup, the USDAsaid in a report. The Guardian revealed last year that the American Egg Board (AEB) lobbied for a concerted attack on Hampton Creek, a food company that has created a low-cost plant-based egg replacement and the maker …

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Robert Parry – America’s Journalistic Hypocrites

Over the past few decades, the U.S. mainstream media has failed the American people in a historic fashion by spinning false or misleading narratives on virtually every important global issue, continuing to this day to guide the nation into destructive and unnecessary conflicts. To me, a major turning point came with the failure of the major news organizations to get …

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Tom Engelhardt – The Greatest Show on Earth

Yep, it finally happened. In early May, after a long, long run, the elephants of the Ringling Bros. and Barnum & Bailey Circus were ushered into retirement in Florida where they will finish their days aiding cancer research. The Greatest Show on Earth was done with its pachyderms.  The same might be said about the Republicans after Donald Trump’s version of a …

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Alex Henderson – 10 Economic Woes Generation X Faces

You hear a lot about millennials being in a tight spot financially, but less about the generation sandwiched between them and the baby boomers: Generation X. The oldest Gen-Xers were born in the mid-1960s and are now in their early 50s; many other Xers are well into their 40s, and they’ve suffered the brunt of several economic downturns. Gen-X, which …

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Jon Schwarz – Ha Ha: Hillary Clinton’s Top Financial Supporter Now Controls “The Onion”

Onion staffers may think twice before they produce more stories like Hillary Clinton Tries To Woo Voters By Rescinding Candidacy, Hillary Clinton To Nation: ‘Do Not Fuck This Up For Me,’ Hillary Clinton: The Merciless, Unrelenting March To The Presidency, or the signed Hillary Clinton editorial titled I’m Weighing Whether Or Not I Want To Go Through The Hell Of Appealing To You Idiotic, Uninformed Oafs. …

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Joshua Krause – China and Japan Just Dumped Billions of Dollars

Over the past few years the dollar has staged an impressive comeback. Not because there’s anything fundamentally good about this currency’s future prospects, but because for the interim, most of the economies in world aren’t doing so hot. For a lot of investors, it is the lesser of many evils in the short term, so they view the dollar as …

greece goldman sachs

Goldman Sachs Doesn’t Have Clean Hands in Greece Crisis By Pam Martens and Russ Martens

Are Goldman Sachs executives Lloyd Blankfein, Gary Cohn and Addy Loudiadis losing any sleep over elderly pensioners waiting outside shuttered banks in Greece, desperately trying to obtain their pension checks to pay their rent and buy food? Are these Goldman honchos feeling a small pang of conscience over the humiliation by creditors of this once proud country? Perhaps Blankfein, who …

A Progressive Stimulus Package for America’s Future Sustainability

A Progressive Stimulus Package for America’s Future Sustainability by Gary Null, PhD April 7, 2009   There is no doubt that a stimulus package is urgently needed at this critical time of a global economic meltdown. Although there is great reluctance across all financial, political and media sectors to use the “D” word, there are certainly signs that the nation …

free market

Discredited Ideas: Free Market Theory is at Odds with Reality

Despite the practical failures of free-market economics, too many mainstream economists have continued to embrace simplistic ideas about how the economy works. Such ideas are often rooted more in ideology than in evidence. These beliefs and the policies that follow led directly to the 2008 financial crisis and the Great Recession. They also centrally contributed to the nation’s subpar performance …