Tag: student loan debt forgiveness

A Bottomless Pinocchio for Biden — and other recent gaffes

Tina Marie (Ms. Cat)2 Comments

President Biden is a self-described “gaffe machine.” That’s no excuse, of course, for a president making false or misleading statements. Readers have asked for fact checks of a variety of recent Biden statements, but none of them seemed big enough for a stand-alone fact check. So here’s a roundup of some of the president’s recent errors of fact, made as he has barnstormed the country boosting Democrats and raising contributions in advance of the midterm elections. We generally do not award Pinocchios for roundups like this — but for reasons that will become clear, we need to make an exception for the first one.

A Bottomless Pinocchio for Biden — and other recent gaffes (archived)

West’s neoliberal ‘age of abundance’ is over, as war and sanctions boomerang home

Tina Marie (Ms. Cat)1 Comment

Aug 27, 2022 — France’s President Emmanuel Macron, a former banker, warned “we are living the end of what could have seemed an era of abundance.” Western wars and sanctions are boomeranging back at home. The neoliberal phase of capitalism is collapsing.

Neoliberalism has lost the key pillars it was built on: cheap energy and raw materials from Russia, cheap labor and consumer goods from China, an unsustainable bubble of household debt, low to zero interest rates, and Washington’s ability to organize regime-change operations in any country where a government tried a socialistic or state-led economic model.

West’s neoliberal ‘age of abundance’ is over, as war and sanctions boomerang home via Multipolarista