Reports

Reports

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JPMorgan exec gives dire climate change warning

By Underground | March 20, 2019

A new report from the bank calls for people to act fast. J.P. Morgan chairman of market investment and strategy Michael Cembalest has a dire message for his clients: Climate change is … Continue reading JPMorgan exec gives dire climate change warning

Don’t Blame Robots for Low Wages – The New York Times

By Underground | March 14, 2019

Progressives shouldn’t fall for facile technology fatalism. This is true, robots are not the reason wages have gone nowhere over the last 4 decades, it’s because workers have lost bargaining power (unions) … Continue reading Don’t Blame Robots for Low Wages – The New York Times

High school student and Climate Change activist Greta Thunberg nominated for Nobel peace prize

By Underground | March 14, 2019

Climate strike founder put up for award ahead of global strikes planned in more than 105 countries Noble peace prize makes sense because if countries start putting their resources towards addressing climate … Continue reading High school student and Climate Change activist Greta Thunberg nominated for Nobel peace prize

#BreakUpBigTech: Elizabeth Warren says Facebook just proved her point

By Underground | March 11, 2019

The platform briefly blocked some of Warren’s ads attacking it. Her response: ‘Curious why I think FB has too much power?’ Whoops, bad timing FaceBook. Source: #BreakUpBigTech: Elizabeth Warren says Facebook just … Continue reading #BreakUpBigTech: Elizabeth Warren says Facebook just proved her point

U.S. Has Spent Six Trillion Dollars on Wars That Killed Half a Million People Since 9/11, Report Says | Newsweek

By Underground | March 9, 2019

The report found that “high costs in war and war-related spending pose a national security concern because they are unsustainable. That’s not the issue.. the issue is that we always seem to … Continue reading U.S. Has Spent Six Trillion Dollars on Wars That Killed Half a Million People Since 9/11, Report Says | Newsweek

MMT: Sense Or Nonsense?

By Underground | March 6, 2019

MMT is no longer limited to books and journals. It’s being used to support policy proposals and is both lauded and attacked in the popular press. The latter has accelerated of late, … Continue reading MMT: Sense Or Nonsense?

Big Pharma Gives Big Money to the Senators Who Will Question Drug Company CEOs Today

By Underground | February 26, 2019

Americans pay the highest drug prices in the world for absolutely no good reason. The drug companies will tell you that it’s because American consumers are financing “innovation,” but the real reason … Continue reading Big Pharma Gives Big Money to the Senators Who Will Question Drug Company CEOs Today

How America Learned to Stop Worrying and Love Deficits and Debt – The New York Times

By Underground | February 24, 2019

The old rules are being rejected, among liberals and conservatives, politicians and economists. Finally. Things like climate change or the explosive cost of healthcare, even student debt, cannot be addressed until people … Continue reading How America Learned to Stop Worrying and Love Deficits and Debt – The New York Times

The War On Climate Change Won’t Be Won Quibbling Over The Green New Deal’s Costs

By Underground | February 18, 2019

The mounting damage of global warming is a crisis far greater than the deficit. Eitger spend a few trillion today or $54 trillion+ (minimum) in the future. Source: The War On Climate … Continue reading The War On Climate Change Won’t Be Won Quibbling Over The Green New Deal’s Costs

Ex-NSA whistleblower says she and other US ex-spooks targeted Americans on behalf of UAE

By Underground | February 14, 2019

Ex-NSA whistleblower says she and other US ex-spooks targeted Americans on behalf of UAE This is one way to get around the US Constitution, have companies in foreign countries use OUR OWN … Continue reading Ex-NSA whistleblower says she and other US ex-spooks targeted Americans on behalf of UAE

Wealth concentration returning to ‘levels last seen during the Roaring Twenties,’ according to new research

By Underground | February 10, 2019

“The 400 richest Americans — the top 0.00025 percent of the population — have tripled their share of the nation’s wealth since the early 1980s, according to a new working paper on … Continue reading Wealth concentration returning to ‘levels last seen during the Roaring Twenties,’ according to new research

Pay for Green New Deal now or spend even more later | FT

By Underground | February 4, 2019

Alexandria Ocasio-Cortez’s plan to halt climate change will be cheaper in the long run Even the Financial Times gets it. Source: Pay for Green New Deal now or spend even more later Continue reading Pay for Green New Deal now or spend even more later | FT