Rationally Thinking Out Loud

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Mainstream Economics Has Become a Celebration of the Wealthy Rentier Class – Evonomics


Mainstream Economics Has Become a Celebration of the Wealthy Rentier Class – Evonomics

Inequality By Michael Hudson The One Percent have found a pressing need for the services of mainstream economists To paraphrase Mark Twain, everyone complains about inequality, but nobody does anything about it. What they do is to use “inequality” as a takeoff point to project their own views on how to make society more prosperous and at the same time more equal.

Thoughts On Labor Day Mon, Sep 4, 2017

I think this is one of the best articles I have read on the state of labor in the US if not the world and the incredible problems (a huge conundrum) the business community and indeed society and government now face going forward.

To Understand Rising Inequality, Consider the Janitors at Two Top Companies, Then and Now

Eastman Kodak was one of the technological giants of the 20th century, a dominant seller of film, cameras and other products. It made its founders unfathomably wealthy and created thousands of high-income jobs for executives, engineers and other white-collar professionals. The same is true of Apple today.


A famous quote from Abraham Lincoln in his First Annual Message given December 3, 1861

Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration. Capital has its rights, which are as worthy of protection as any other rights…

Abraham Lincoln: First Annual Message

The American Presidency Project contains the most comprehensive collection of resources pertaining to the study of the President of the United States. Compiled by John Woolley and Gerhard Peters


The Rollback of Pro-Worker Policies Since Trump Took Office Is Staggering – BillMoyers.com

Editor’s Note: If you didn’t see many workers marching to celebrate over the Labor Day weekend, there’s a reason for it. Actually, a lot of reasons for it – many of them summed up in this Nation Magazine article by … Continue reading

Trump Raises an Army – The New York Times

Opinion | Trump Raises an Army

Consider what this man is saying: He used the horror and anxious anticipation of a monster storm menacing millions of Americans – particularly in Houston whose population is 44 percent Hispanic – in a political calculation to get more ratings and more eyeballs on the fact that he was using the power of the presidency to forgive, and thereby condone, Arpaio’s racism.

The history behind the racist ‘looting’ narrative – ThinkProgress

The racist hurricane ‘looting’ narrative has resurfaced after Harvey

During his show on Wednesday night, Fox News host Tucker Carlson blasted “looters” taking advantage of empty shops swept up in the Texas flooding following Hurricane Harvey, criticizing criminals who were hurting “ordinary” people in the process. To anyone with a decent memory, the narrative, with its racist undertones, sounded eerily familiar.

Most Americans think Trump is ripping the country apart. His Charlottesville response shows how. – The Washington Post

Analysis | Most Americans think Trump is ripping the country apart. His Charlottesville response shows how.

There’s one number from Fox News’s new national poll that, justifiably, has dominated people’s attention. Asked if President Trump is drawing Americans together or tearing the country apart, more than half – 56 percent – choose the latter option. That includes 59 percent of independents, 93 percent of Democrats and even 15 percent of Republicans.

Here’s why people hate Joel Osteen – The Washington Post

Osteen & Prosperity Gospel apoligetics…the author writes:

I’ve been studying the American prosperity gospel for more than a decade, and I have come to the stunning conclusion that Joel Osteen seems to be a pretty nice guy. He is the cheery advertisement for the 606,000-square-foot Lakewood Church and, with the gorgeous Victoria by his side, tours the country in packed-out arenas to bring “A Night of Hope” — a religion-lite, inspirational speech set to music. And, for those who don’t mind waiting a few minutes after the service, he will shake your hand and tolerate your comment about how his hair looks even better in real life. It does.

Lakewood Church, a 606,000-square-foot megachurch in Houston where Joel Osteen preaches, is being used as a shelter from the flood. (Thomas Johnson/The Washington Post)
But there are three main reasons why long after this controversy passes, Joel Osteen will still be the preacher America loves to hate

And as well they should. Well maybe hate is the wrong word but Americans and Christians should be disgusted with him and this greedy and selfish Prosperity Gospel exploitation bullshit. Visit John Oliver rips the covers off of televangelists… for more.

– The Washington Post

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