M.I.C.

A “Brazen Giveaway” GOP HEALS Act is a $30 Billion Bonanza for the Pentagon

The new $1 trillion GOP HEALS act includes billions for F-35 fighters, Apache Helicopters, and other welfare programs for the Pentagon.

by Alan Macleod

The Dem’s $3 Trillion Dollar HEROES Act Can Not Brace Us for the Coming Shock

As the Trump show continues and each side of the political aisle takes aim at each other, the economy’s freefall is quickly reaching catastrophic levels.

The Dem’s $3 Trillion Dollar HEROES Act Can Not Brace Us for the Coming Shock

The actual number of people who stand to benefit the most from last month's CARES Act could fit into Dodger Stadium and still have plenty of elbow room to catch any foul balls that might come their way. Just 43,000 of the richest

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Raul Diego

Raul Diego

Raul Diego is a MintPress News Staff Writer, independent photojournalist, researcher, writer and documentary filmmaker.

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No Stimulus for the Weary: The US is Now Sitting on an Inflation Time Bomb

The White House budget office doesn’t know if the $2.2 Trillion-dollar stimulus package and Trump’s $1,200 stimulus checks might cause an inflationary spiral. But many economists have no doubt it will.

No Stimulus for the Weary: The US is Now Sitting on an Inflation Time Bomb

The consequences of the $2.2 trillion stimulus package are being ignored, even by the White House budget office that put it together, admitting that the package had "come together so quickly," that they had no time "to do the customary modeling of its

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Raul Diego

Raul Diego

Raul Diego is a MintPress News Staff Writer, independent photojournalist, researcher, writer and documentary filmmaker.

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As One of the Largest Bailouts in History Looms, “Crisis-Ridden” Corporations Reap Record Profits

Once again it appears that big business will get bailed out while the American people get sold out.

As One of the Largest Bailouts in History Looms, “Crisis-Ridden” Corporations Reap Record Profits

Hospitals overflowing with sick and dying patients. Overworked staff risking their lives wearing garbage bags as makeshift protective equipment against an invisible but deadly virus. Refrigerated containers left outside medical facilities, filling with the dead. Mass graves being dug in the city. It is like something out of a horror movie. But it

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Tenth Anniversary Of Financial Collapse, Preparing For The Next Crash

We can look to Iceland for an example of how to handle the next crisis. In 2008, they jailed the bankers, let the banks fail without taking on their debt and put controls in place to protect the economy.

Tenth Anniversary Of Financial Collapse, Preparing For The Next Crash

Ten years ago, there was panic in Washington, DC, New York City and financial centers around the world as the United States was in the midst of an economic collapse. The crash became the focus of the presidential campaign between Barack Obama and John McCain and was followed by protests that created a popular movement, which continues to this

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Kevin Zeese

Kevin Zeese

Kevin Zeese is a lawyer, advocate & activist Organize with Popular Resistance, he co-directs ItsOurEconomy.US and Clearing the FOG.

Margaret Flowers

Margaret Flowers

Margaret Flowers is a pediatrician, advocate for single payer health care and justice. She co-directs Popular Resistance and co-hosts Clearing the FOG.

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The Death Of Inflation

There are at least two good reasons why inflation remains well below targets even as the economy is improving and despite years of economic stimulus.

The Death Of Inflation

Since 2008, the Federal Reserve has more or less printed over $3.2 trillion in three rounds of quantitative easing. That’s now tapering off to zero, but many have speculated that all this printing must result in inflation simply because it puts more U.S. dollars out there

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Japan’s Alternative To Austerity Dogma Is Showing Signs That It’s Working

Prime Minister Shinzo Abe’s economic stimulus policies have put GDP growth numbers far higher than forecasts predicted.

In an era of dogmatic economic austerity, when elected officials in Europe and the U.S. are purging jobs and slashing public sector spending, Japan is trying a different approach to remedy economic recession by increasing spending on social programs to help the public and put people back to work.

And unlike austerity,

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