Fanatical MAGA Republicans hold the country hostage over debt limit / by John Bachtell

U.S. Rep. Marjorie Taylor Greene, R-Ga., speaks about Twitter, April 28, 2022, on Capitol Hill in Washington. Once shunned as a political pariah for her extremist rhetoric, the Georgia lawmaker who spent her first term in Congress stripped of institutional power by Democrats is being celebrated by Republicans and welcomed into the GOP fold. |Continue reading “Fanatical MAGA Republicans hold the country hostage over debt limit / by John Bachtell”

Report card on a failing economic system / by Greg Godels

On Friday, May 6, the Federal Reserve released data showing that consumer credit (debt) has been accelerating since the fourth quarter of last year, with revolving credit (largely credit card debt) speeding up at an even greater pace since the third quarter of 2021. Total consumer credit grew by an annualized rate of 7% inContinue reading “Report card on a failing economic system / by Greg Godels”