Pat Choate's new book, Dangerous Business: The Risks of Globalization for America
is a must read book on the realities of globalization, trade, the lobbyists surrounding D.C., corporatism and China's modern mercantilism. Choate not only describes some of the corruption, insanity and erosion of the United States through bad trade deals, elitism and globalization, he prescribes solutions.

In the below talk on his book, Choate details massive intellectual property theft, biased trade deal provisions, emerging markets, deficits with minute detail :

When Band-Aids No Longer Work

Guess what folks, there is a new economy!    I'll bet you didn't know that just as much as stock evaluations and profit didn't matter in the dot con era.

At the helm of the Obama plan is the Chicago School of Economics, heavily promoting behavioral economics..

Aha, if we all just made the right choices, none of this bad shit would be happening right?  A new article, Obama's Geek Economist, in the MIT Technology Review, gives some foreboding hints at what we could expect in economic policy for an Obama administration.  We're being told (sold), we need a new economist for the new economy.

As I recall our economy is a very old story and it's called labor arbitrage.

Obama subscribes to a distinctive set of economic theories developed at the university [of Chicago], and to a corresponding set of policy prescription

The Persnickety Populist Presents.... The Populist Politician Pick of the Week.

The Election season is upon us.   With all of the pontificatin' and politickin', who really has the United States national interest, the middle class, and working America in mind really when it comes to policy? 

Tough to figure out eh?

Most Populists want dramatic trade policy change based on sound economic and labor economics theory. Most Populists want a removal of corporate corruption from government. Most Populists want representatives to actually represent what their constituents want. Finally, most Populists want American workers placed front and center in any policy strategy.

Each Week, until the election, The Economic Populist will overview candidates who are particularly strong in trade, economic, labor positions.

Have you ever noticed that when the United States has an increase in the trade deficit, the middle class reports stagnant wages, massive foreclosures, the number of Americans living in poverty jumps or massive underemployment surges, the pundits come out and call everyone a Protectionist?

How did the concept of protecting the United States economy and national interest end up being a dirty word?

That God Damn, evil movement, Protectionism, even made it to the G8 summit: