As the World Bank’s peripatetic prez leaves for a private equity featherbed, it’s time to take radical steps on world finance institutions, say David Adler and Yanis Varoufakis in The Guardian. Jim Yong Kim “as president turbocharged the bank’s commitment to private profits against the public interest, in effect socializing the risks on behalf of the private investors and privatizing any gains.” They have different ideas, as you might expect, “taking … enthusiasm for the Green New Deal to the global level.”
Adam Looney in a wonkish piece for the Brookings Report: “Is a 70 percent rate a good idea? That’s a harder question … . But is it economically feasible, politically viable, and revenue raising? Of course, we’re doing it now.” And… as a result of the GOP’s tax bill, of all things.
This dude Guaidó just stepped out of a crowd of people waiting to get into an empty grocery in Caracas, right? By a different account, “Juan Guaidó is the product of a decade-long project overseen by Washington’s elite regime change trainers. While posing as a champion of democracy, he has spent years at the forefront of a violent campaign of destabilization.” Our comrade Dave Richardson sent this article from grey zone around.