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The Pension Scam

Saw an article I now can’t find (of course) about pensions. The general talk is how we must contribute all our lives in order to get a pension. The fact is, that, like hospitals, pensions are a revolving obligation. We fund hospitals from taxes (Some of which the Government should keep to build the next […]

J is For Junk Economics

J is For Junk Economics : A Guide to Reality in an Age of Deception By Michael Hudson March 10, 2017 “Information Clearing House” –  ” Michael Hudson, author of the newly released J is for Junk Economics, says the media and academia use well-crafted euphemisms to conceal how the economy really works. Transcript Part […]

Hackers and the future

In response to a question about the geography of hacking, I wrote :   Ukraine specialises in PhP programming, has lax laws and a population hungry to earn. Russians specialise in servers. Look on freelancer websites to determine specialities. China has a lot of cheap labour, Triads and a lot of black market economy money […]

For those suffering nostalgia

For those suffering nostalgia for the ideal of secure, high-wage manufacturing in the rust belt – it’s not going to happen. On one hand, manufacturing automation is not about to be reversed, while on the other, the US has lost the capability to feed, run and maintain many modern factories. The most commonly-given reason for […]