Voting as Harm Reduction

Call white voters bigots or don’t. But in good times and in bad, in peacetime and in war, in sunshine or in shadow, white America votes for those candidates it believes are most likely to keep people of color “in their place”—either outside the country altogether, or in the most servile and subordinate […]

Dawn of Deflation

Global deflation is underway. I’ve linked to some sites in recent posts that I spend all too much time reading, especially The Automatic Earth and The Daily Reckoning, two of the more insightful pessimistic financial writers. Today Russia is reeling from massive capital flight, threatening to set off new panics and bank runs, similar to […]