Puerto Rico is a tax-haven for rich mainlanders and is also too broke to survive hurricanes: are these facts possibly related, somehow?

Since the US conquered Puerto Rico in the Spanish-American war, it has treated the island as a playground for the rich, with all kinds of sweetheart tax-deals and regulatory exemptions that lured some industry and some rich people to the island, but which kept it from ever developing its economy and infrastructure to American mainland standards. Read the rest

Betsy DeVos's summer monstrosity is pure McMansion Hell

Kate "McMansion Hell" Wagner is carrying $42,000 in student debt; heiress Betsy "Marie Antoinette" DeVos is the anti-public-school advocate whom Donald Trump put in charge of the nation's public schools, and one of her first official acts was to end the rules limiting sleazy student debt-collection tactics, even as Trump was ending debt relief for students defrauded by diploma mills (like, say, Trump University). Read the rest

GOP candidate Rick Saccone hates government waste, bills the taxpayer like crazy on his own personal expenses, which totalled $435,172

Rick Saccone (@Saccone4PA18) is the Republican challenger for the seat vacated by Tim Murphy, the Pennsylvania anti-abortion Congressman who resigned after being outed for pressuring his pregnant mistress to get an abortion. Read the rest

Blame the US Retail Apocalypse on hedge funds and financialization, not Amazon and Walmart

America is in the midst of a "retail apocalypse": 6,800 chain stores are closing this year. It's true that online retailers and winner-take-alls like Walmart have delivered the coup de grace that finished off these stores, but the conditions that made them weak enough to kill are driven by Wall Street, not Walmart. Read the rest

American Conservative to Trump: before you give billions more to the military, figure out what happened to the $6T we lost in the Middle East

The US lost -- as in, can't account for -- $6 trillion fighting disastrous wars in Iraq and Afghanistan, a fact that Trump was quick to point out during his speech to both houses of Congress, just before announcing that he planned on giving the same government department that literally claims not to know what happened to that money billions more. Read the rest

America: a welcome home for corrupt foreign politicians and businesspeople

Some of the most notorious criminals of South and Central America and China have resettled to the USA with money they looted from their countries' treasuries or defrauded their fellow citizens of. Read the rest