China’s Success: The Triumph of Communism?

For America’s capitalists, it is the 800 pound, unacknowledged gorilla in the room.  China has the most successful economy in the world today. Despite the current worldwide economic meltdown that has caused the worst recession in America since the Great Depression, China has not had a recession.  The great engine of the Chinese economy has [...]

Read Full Post »

Too Big To Fail: The Big Bank Lie

About a year ago, when it looked like the world was about to end and the economies of countries around the world were beginning to melt away like a Salvador Dali painting, the leaders of the U.S. government, i.e. President Bush and Treasury Secretary Paulson told us that we had only days, maybe only minutes, [...]

Read Full Post »

The Fundamental Error of the Republican Party

The leaders of the Republican Party are fond of pointing out that they are the Party of Lincoln.  Indeed, Abraham Lincoln did belong to the Republican Party, but the Grand Old Party is not what it used to be.  Once upon a time it was the champion of civil rights for enslaved Africans who were [...]

Read Full Post »

Is the U.S. Economy Dead or Is It Just Dying?

One year ago, the entire American banking system was on life support.  It was only through the intervention of the Federal government, using the promise of a semi-infinite supply of tax dollars that some of the banks survived.  If this infusion of billions and billions of dollars of cash had not been made our entire [...]

Read Full Post »

The Coagulation of Wealth – Is It a Christian Value?

I suppose it might be difficult for some members of the extreme right wing to accept, but God did not invent Capitalism.  Another fact, equally hard to accept for the extreme right wing is that Jesus did not condemn Communism.  I know.  It’s hard to believe. After all, if Jesus was alive today, wouldn’t he [...]

Read Full Post »