Nancy Pelosi posts questionable chart on debt accumulation by Obama, predecessors

Debt vs. debt as a percentage of GDP: Some economists will tell you that it’s not the size of the debt per se, but rather the size of the debt relative to the nation’s gross domestic product. This helps minimize the complicating effect of economic cycles and inflation. So how do those numbers stack up? …

Battling the corporate elite

... one major role of the US government in the corporatocracy is to serve as a scapegoat to deflect rebellion against the corporate elite. via Get Up, Stand Up: Uniting Populists, Energizing the Defeated, and Battling the Corporate Elite | Books | AlterNet. Great article (actually an excerpt from a book).

Greed is Not a Virtue by David Korten — Agenda for a New Economy

By capitalism’s perverse moral logic, if a person sells toxic assets by knowingly misrepresenting them as sound, the fault lies not with the misrepresentation of the seller, but rather with the lack of due diligence on the part of the overly trusting borrower. via Greed is Not a Virtue by David Korten — Agenda for …