Blog Entries by William K. Black
Will MSNBC Continue to Shill for the Great Betrayal?
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Posted November 12, 2012 | 9:06 AM
The Beltway moved immediately from the election to an
obsession with the "Grand Bargain." The discussion about the budget deal
is focused almost entirely on the question of how much increased
revenue we should obtain from taxes on the wealthy. That is an important
question, but it is the least...
The Great Betrayal -- and the Cynicism of Calling It a Grand Bargain
Robert Kuttner has written much of the column I intended to write on this subject, so I will point you to his excellent column and add a few thoughts.
Kuttner wrote to warn that Obama intends to seek a "grand bargain" causing the U.S. to adopt the type of...
Kuttner wrote to warn that Obama intends to seek a "grand bargain" causing the U.S. to adopt the type of...
The Vampire Squid Has Feelings and Obama Is No Longer Her BFF
Matt Taibbi famously dubbed
Goldman "a great vampire squid wrapped around the face of humanity,
relentlessly jamming its blood funnel into anything that smells like
money." Taibbi knew his metaphor worked a deep injustice on Vampyroteuthis infernalis, a small animal that feeds on carrion and excrement (I will...
Ryan and Romney's Secret Plan to Cut the Deficit -- and Why Romney Opposes It
My favorite scene from The West Wing is the episode
in which the President's press secretary is recovering from a root canal
and Josh Lyman decides to handle a press briefing. Lyman is a young
whiz kid who believes he is the smartest guy in the room, but the
briefing...
The Peril of Obama's "Man Crush" on Geithner Is Exposed by the Debate
FDR transformed the nation when he was confronted with the
Great Depression and World War II. He famously welcomed the hate of the
banksters. President Obama wanted the love (and the contributions) of
the banksters. He chose Timothy Geithner to be his pipeline to the
banksters because Geithner shared Obama's...
Ryan Talks Jobs and Exposes the Lies About the 47%
This Monday, I posted an article titled: "Let's test Romney's claims about the 47% by offering the unemployed jobs."
The article explained the Romney, Ryan, and Charles Murray claim that 47% of Americans receive governmental assistance because they are morally defective and shiftless. It goes through why Romney...
The article explained the Romney, Ryan, and Charles Murray claim that 47% of Americans receive governmental assistance because they are morally defective and shiftless. It goes through why Romney...
Robert J. Samuelson Tries to Create a Moral Panic About Deficits
The Washington Post leads the pack when it comes to
generating what scientists term a "moral panic" about budget deficits.
As part of that effort they generated the series of myths that Paul Ryan
was "serious," "courageous," and "expert" about "solving" the "deficit
crisis." The newspaper's theme is that anyone...
Let's Test Romney's Claims About the 47% by Offering the Unemployed Jobs
I have explained how Governor Romney and Representative Ryan
have self-destructed because they have followed Charles Murray's demands
that the wealthy denounce working class Americans' supposed refusal to
take personal responsibility for their lives by refusing to work. Murray
is the far right's leading intellectual. Murray's Myth is that the...
Why Do They Hate Us? (The Republicans, Not Muslims)
I did a web search of usage of the phrase "why do they hate
us" over the last week and received over 3,000 hits. A quick perusal
suggests the usages virtually all relate to Muslims. Governor Romney's
recently revealed Boca Raton speech to his wealthy donors should prompt
us to...
Romney Dooms His Candidacy by Doing the Full Murray
Charles Murray's newest book, Coming Apart: The State of White America,
proves two classic truths. First, it is impossible to compete with
self-parody. Second, be careful what you ask for; for you may receive
it. Charles Murray asked right-wing plutocrats (he dismissed left-wing
plutocrats as disloyal to their class and...
Florida A&M and the Death of Accountability and Caring
Florida A&M University (FAMU) has just filed a legal
pleading that exemplifies the moral bankruptcy and the shirking of
accountability by elites that has become emblematic of the last ten
years. The headline of the Los Angeles Times article says it all: "Robert Champion was to blame for...
Saletan's Elegy for Paul Ryan's DOA Budget Fantasy
William Saletan has written a column
that epitomizes the media's bizarre infatuation with Paul Ryan. Saletan
entitles his piece "Why I Love Paul Ryan." His intro summarizes his
attraction to Ryan: "He's what a Republican should be: an honest,
open-minded, solution-oriented fiscal conservative."
Here is how Saletan attempts...
Here is how Saletan attempts...
Romney Takes His Political Inspiration From Europe's Worst Mistakes
One of Governor Romney's criticisms of President Obama is that he "takes his political inspiration from Europe...."
Romney never gives specifics on this criticism. The irony is that Romney (and Representative Ryan) "takes his political inspiration from Europe" and that the European policies they embrace have already proven...
Romney never gives specifics on this criticism. The irony is that Romney (and Representative Ryan) "takes his political inspiration from Europe" and that the European policies they embrace have already proven...
The Wall Street Journal's Hit Piece on Eric Holder
I am a fierce critic of Attorney General Eric Holder. I have
long called for his resignation, and continue to do so, for his failure
to investigate and prosecute the elite frauds that drove our financial
crisis. So, my response to the Wall Street Journal's editorial denouncing "Holder's...
Romney Messes Up, Tells the Truth About Austerity
Mitt Romney has periodic breakdowns when asked questions
about the economy because he sometimes forgets the need to lie. He
forgets that he is supposed to treat austerity as the epitome of
economic wisdom. When he responds quickly to questions about austerity
he slips into default mode and speaks the...
The Silver Anniversary of the "Keating Five" Meeting - Speaking Truth to Power
April 9, 2012 is the twenty-fifth anniversary of the most
infamous savings and loan fraud, Charles Keating's successful use of
five U.S. senators to escape sanction for a massive violation of the
law. The senators were Alan Cranston (D. CA), Dennis DeConcini (D. AZ),
John Glenn (D OH), John McCain...
The JOBS Act Is So Criminogenic That It Guarantees Full-Time Jobs for Criminologists
Co-written with Henry N. Pontell and Gilbert Geis*
As white-collar criminologists (and a former financial regulator and enforcement head) and experts in ferreting out sophisticated financial frauds, our careers and research focus on financial fraud by the world's most elite private sector criminals and their political cronies. Therefore, we write...
As white-collar criminologists (and a former financial regulator and enforcement head) and experts in ferreting out sophisticated financial frauds, our careers and research focus on financial fraud by the world's most elite private sector criminals and their political cronies. Therefore, we write...
Newt's Latest Declaration of Independence From Reality
Newt Gingrich's story is that Freddie Mac was so impressed
with his skills as an historian that they paid him at least $1.6 million
not to lobby, but to serve as their historical muse. Gingrich was, of
course, a lobbyist for Freddie Mac, a politically inconvenient fact for a
candidate...
How Does a Conservative Evangelical Become a Corporate Tool Supporting a System That Coerces Apple's Suppliers' Workers to Have Abortions?
My two prior columns commented on a piece that Forbes'
publisher, Rich Karlgaard, wrote to defend Apple against complaints
that its suppliers abuses of their workers had led to suicides. His
column morphed into a screed about President Obama based on fictions
that were the opposite of the...
Rich Karlgaard's Lies About Obama
My prior column explained how Forbes'
publisher, Rich Karlgaard, turned an attempted defense of Apple's
suppliers' driving employees to suicide through brutal, fraudulent, and
illegal abuses of the employees into a screed attacking President Obama.
Why does Karlgaard hate Obama? Consider the charge he made against
Obama in...
