Wednesday, May 14, 2025

Despite China’s Warning, US Has Opened New Front in Trade War with Investment Restrictions in UK Pact

Trump made a big retreat on his China tariffs. But a second gambit, investment restrictions to isolate China, is already giving China fits.

Links 5/14/2025

Abundance vs. Degrowth in a Time of Climate Catastrophe

While Trump’s Liberation Day policies might bring about accidental degrowth, Democrats embrace DOGE-style Abundance. Is there another way? 

Michael Hudson Discusses How Religions Opposed Usury, the Catholic Church “Interest” Rebranding, and More on the Evolution of Financial Rentierism

On the long-standing religious and ethical proscriptions against usury, and how and why the Catholic Church rebranded it as interest.

Why the Right Fiercely Attacks the US Postal Service: Its Unions

Looking at a big reason why conservatives are so keen to privatize the US Postal Service: to eliminate its unions.

Coffee Break: Armed Madhouse – Air Combat Is Changing

The recent fighting between India and Pakistan has provided evidence of the diminishing role of the jet fighter pilot in modern warfare. A large air battle was fought between the two nations on May 6 and 7. India lost at least five jets, some of them advanced French Rafale fighters. Most of the losses were […]

What The Endgame in Gaza Means For Middle East Security And Oil Prices

Netanyahu plans another aggressive incursion into Gaza, intended as a Final Solution of sorts. Is a retaliatory oil embargo a real risk?

Links 5/13/2025

The Curious Case of the Hostile Takeover Bid by a Bank Facing Criminal Charges

Despite facing prosecution on a number of charges, including widespread corporate espionage, Spain’s BBVA still wants to take over its third biggest rival. The ECB has already given its blessing. 

Decisive Win for Pensioners, Taxpayers in Kentucky as Judge Wingate Rejects Attorney General’s “Get Out of Jail for Almost Free” Scheme for KKR and Blackstone

The plaintiffs seeking to claw back funds from misbehaving finance titans like KKR and Blackstone continue their winning streak.

They Looted Companies — Now They’re Looting the Government

Poor and self-serving corporate oversight practices are going bigger and badder as they are taken to government.

Links 5/12/2025

How Long Until You Lose Your Constitutional Rights? 

Trump adviser Stephen Miller is talking about suspending habeas corpus due to “invasion.” Whether that happens or not, we’re still seeing constitutional rights continue to erode as the “War on Terror” comes home. 

Trump Doubles Down on Gaza Cruelty With Threat to Cut UN World Food Programme Funding if the UN Rejects US Scheme (and a BRICS Note)

Another US disgrace in the form of a threat against the World Food Programme to advance a US son-of-floating pier scheme to feed Gazans.

Meet the People Profiting from US Military Aid to Israel

A genocide backed by economic interests is a big problem involving powerful actors. However, many people are taking action to affect the status quo.