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Politics

Trump and the Davos elite have no interest in addressing inequality

From the Left / Robert B. Reich /

As the U.S. Senate debates Donald Trump's future, CEOs, financiers and politicians from around the world are descending on Davos in the Swiss Alps for their annual self-congratulatory defense of global capitalism.

The events are not unrelated. Trump is charged with abusing his power. Capitalism's global elite is under assault for abusing its ...Read more

American corporations are sacrificing workers and communities as never before

From the Left / Robert B. Reich /

Boeing just fired CEO Dennis Muilenburg in order "to restore confidence in the company moving forward as it works to repair relationships with regulators, customers and all other stakeholders," according to a company statement.

Restore confidence? Muilenburg's successor will be David Calhoun who, as a ...Read more

How Trump has betrayed the working class

From the Left / Robert B. Reich /

For a century the GOP has been bankrolled by big business and Wall Street. Donald Trump wants to keep the money rolling in. His signature tax cut, which was passed two years ago, has helped U.S. corporations score record profits and the stock market reach all-time highs.

To spur even more ...Read more

President Warren Sanders can then start clearing the wreckage left by Trump

From the Left / Robert B. Reich /

There aren't 20 Senate Republicans with enough integrity to remove the most corrupt president in American history, so we're going to have to get rid of Trump the old-fashioned way -- by electing a Democrat next November 3.

That Democrat will be Warren Sanders.

Although there are differences between Elizabeth Warren and Bernie ...Read more

This has been the anti-democracy decade

From the Left / Robert B. Reich /

We're coming to the end of what might be called the anti-democracy decade. It began Jan. 21, 2010, with the Supreme Court's shameful decision in Citizen's United v. Federal Election Commission, opening the floodgates to big money in ...Read more

Impeachment would make Trump the unpardonable president

From the Left / Robert B. Reich /

Not even overwhelming evidence that Donald Trump sought to bribe a foreign power to dig up dirt on his leading political opponent in 2020 -- and did so with American taxpayer dollars while compromising American foreign policy -- will cause Trump to be removed from office.

That's because there's zero chance that 20 Republican senators -- the ...Read more

Impeachment witnesses stand in stark contrast to Trump associates

From the Left / Robert B. Reich /

As a candidate in 2015, Donald Trump said that he'd "surround myself only with the best and most serious people."

Not quite.

On Nov. 15, Trump's longtime friend and personal confidante, Roger Stone, was found guilty of lying to Congress, tampering with a witness and obstructing a congressional investigation into Russian ...Read more

Warren's plan to address inequality rattles the establishment

From the Left / Robert B. Reich /

The New York Times reported last week on a study showing that Sen. Elizabeth Warren's proposed wealth tax (and presumably Sen. Bernie Sanders' even more ambitious version) would reduce economic growth by nearly 0.2 percentage points a year over the course of a decade.

With a story headlined "Warren Wealth Tax Could Slow the Economy, Early ...Read more

Billionaires fear loss of their anti-capitalist advantages

From the Left / Robert B. Reich /

Billionaires are wailing that Elizabeth Warren and Bernie Sanders's wealth tax proposals are attacks on free-market capitalism. Warren "vilifies successful people," says Jamie Dimon, CEO of JPMorgan Chase.

Rubbish. There are basically only five ways to accumulate a billion dollars, and none of them have ...Read more

Super-enablers Facebook, Twitter should be held accountable

From the Left / Robert B. Reich /

Mark Zuckerberg of Facebook says he'll run political ads even if they are false. Jack Dorsey of Twitter says he'll stop running political ads altogether.

Dorsey has the correct approach, but the debate skirts the bigger question: Who is responsible for protecting democracy from big, dangerous lies? ...Read more

Only two Democratic candidates could fix our broken system

From the Left / Robert B. Reich /

In the conventional view of American politics, Joe Biden is a moderate, while Elizabeth Warren and Bernie Sanders are on the left, and Donald Trump is on the right.

This conventional view is rubbish. The most powerful force in American politics today is anti-establishment fury at a rigged system. There are no longer "moderates." There's no ...Read more

 

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