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POPSObama on ‘Trickle Down’ Economics: ‘It Doesn’t Work, It Has Never Worked’
'Now, just as there was in Teddy Roosevelt’s time, there’s been a certain crowd in Washington for the last few decades who respond to this economic challenge with the same old tune. “The market will take care of everything,” they tell us. If only we cut more regulations and cut more taxes – especially for the wealthy – our economy will grow stronger. Sure, there will be winners and losers. But if the winners do really well, jobs and prosperity will eventually trickle down to everyone else. And even if prosperity doesn’t trickle down, they argue, that’s the price of liberty. It’s a simple theory – one that speaks to our rugged individualism and healthy skepticism of too much government. And that theory fits well on a bumper sticker. Here’s the problem: It doesn’t work. It has never worked. It didn’t work when it was tried in the decade before the Great Depression. It’s not what led to the incredible post-war boom of the 50s and 60s. And it didn’t work w
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POPSAusterity and Fascism in Greece - The Real 1% Doctrine By that time, Makis “Hammer” Voridis had traded up in the world of Greek fascism, merging his Hellenic Front Party into the far-right LAOS party, an umbrella party for all sorts of neo-Nazi and far-right political organizations. LAOS was founded by another raving anti-Semite, Giorgos Karatzeferis—nicknamed “KaratzaFührer” in Greece for alleging that the Holocaust and Auschwitz are Jewish “myths,” and saying that Jews have “no legitimacy to speak in Greece.” The Anti-Defamation League is going ballistic about it; for some reason, the media hasn’t taken notice, except in Israel.
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POPSPutin Prepares The Russian Empire to Strike Back Elements of Putin's strategy to make Russia great again are slowly coming into focus. Much of the plan is defined by Russia's opposition to the US, the traditional foe. Thus the Kremlin announced last week that it would renounce the strategic arms reduction treaty (known as New Start) agreed with Washington two years ago if the US did not abandon its European missile defence plans. This announcement, coupled with the unveiling of a new Russian missile base in Kaliningrad on Nato's doorstep, has striking implications. New Start was the centrepiece of Barack Obama's 2009 "reset" of bilateral relations. The reset is viewed by the White House as a major foreign achievement (and 2012 re-election asset) for a president who has but few to his name.
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POPSWilliam S. Burroughs' Thanksgiving Dream, 28 November 1986 Thanks Giving Prayer For John Dillinger, In hope he is still alive Thanks for the wild turkey and the Passenger Pigeons, destined to be shit out through wholesome American guts thanks for a Continent to despoil and poison -- thanks for Indians to provide a modicum of challenge and danger -- thanks for vast herds of bison to kill and skin, leaving the carcass to rot -- thanks for bounties on wolves and coyotes -- thanks for the AMERICAN DREAM to vulgarize and falsify until the bare lies shine through -- thanks for the KKK, for nigger-killing lawmen feeling their notches, for decent church-going women with their mean, pinched, bitter, evil faces -- thanks for "Kill a Queer for Christ" stickers --
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