The Post-Partisan Emporium

  The Easy Money Fairy Tale Is About To End Violently Truth, consequences and pain are on their way. And to the best of what I can tell, no one is prepared psychologically. Quoth the Raven For the better part of the last couple years, I have wondered whether financial markets are permanently broken . Not simply overvalued or temporarily irrational, but actually broken at the mechanical level and permanently distorted. I’ve written about it . The basic process that is supposed to make capitalism work goes like this. Capital flows toward good ole’ fashioned productive uses (like the George Foreman Grill™) and away from flashy hot-shit stupid ones (like the Apple Vision Pro ). Good businesses eventually outperform bad ones. Fraud eventually gets exposed. Making money is the point of a business. Price is a rationing mechanism and is determined by free markets. This system appears to have been dead for the last 10 years, at least. Nowadays, we function under a derivative of capitalism (...

  Jeffrey Epstein, the Russian Mob, & the Hidden Assets of the Maxwells (w/ Moe Tkacik) | The Chris Hedges Report Chris Hedges The release of the Epstein Files has shocked the public with unimaginable stories of the pedophilia, exploitation of women and brash depravity of the ruling class. While these stories have been the major source of public outrage, a deeper dive into the Epstein Files reveals the inside world of how the billionaire class operates to control information and collude with each other – hide their crimes and gain massive wealth at the expense of the working class. In this episode, Chris Hedges speaks with Maureen Tkacik, an investigative journalist who has studied and written about the Epstein Files for The American Prospect and The Nation . Tkacik exposes the players behind the looting of the Soviet Union after its collapse, the truth about Larry Summers’ abrupt resignation from Harvard, the controversy around the death of the media magnate Robert Maxwell an...