By Jay Hancock and Carmen Heredia Rodriguez, Kaiser Health News. -
Charlottesville, Va. — Under pressure after Kaiser Health News reported Monday that it sues thousands of patients a year and sends many into bankruptcy, University of Virginia Health System [...]
We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid. Student debt, credit card debt, [...]
In short, the policies since 2008–both Obama’s and Trump’s–for ten years now have been subsidizing the rich, the elites, the owners of capital incomes like never before in US history. Tax cuts [...]
We haven’t seen anything like this since the Great Depression of the 1930s. Leading up to this year, farm incomes had been trending lower for most of the past decade, and meanwhile farm debt [...]
Robert McNamara and president Luis Echeverria (1970-1976) were thick as thieves. The Mexican president had cracked down on the radical left. From 1973 on, Mexico’s foreign currency revenue soared [...]
August 01, 2019 "Information Clearing House" - At the beginning of the 1980s, during a meeting in New York with then ex-President Jimmy Carter, I accompanied Argentine Nobel Prize laureate [...]
By Margaret Flowers and Kevin Zeese, Clearing the FOG. -
Puerto Ricans have suffered over the past several years from deep debt, a faltering economy and the aftermath of Hurricane Maria. Struggling to hold on, the final straw came when hundreds of [...]
MEMPHIS, Tennessee — This year, a Methodist Le Bonheur Healthcare housekeeper left her job just three hours into her shift and caught a bus to Shelby County General Sessions Court.
Wearing her [...]
US debt is unnecessary. has been financially sovereign ever since President Franklin D. Roosevelt took the dollar off the gold standard domestically in 1933. This was recognized by Beardsley [...]
Hardly a week goes by without another story in the media covering a family somewhere in America dealing with an outrageous medical bill. Yet, in more and more cases, these families don’t [...]
Have we become a welfare state for the military-industrial complex? In August, 2018, Congress passed the Fiscal Year 2019 National Defense Authorization Act (NDAA) with overwhelming bi-partisan [...]
There has been an explosion of discussion about whether to cancel student debts. Critics of the idea point out that wealthy people would be the main gainers, posing moral hazard. The debate has [...]
Not surprising, the $2.7 trillion in social program spending cuts will finance spending for the military and defense related programs like Homeland Security, Border walls, veterans, police, and [...]
Michael Hudson, one of the few economists who accurately predicted the Great Recession, has written a book — …and Forgive Them Their Debts — that caused John Siman to remark in Naked Capitalism: [...]
Melissa Latronica is a 30-year-old healthcare worker and single mother of three who lives in La Porte, Indiana, 65 miles southeast of Chicago. On February 11, Melissa was pulled over by police in [...]
