The Devil Rides out

The Devil comes in all the sizes & all the colours

‘Wall Street’s richest mega banks collect the life insurance proceeds and tax benefits on the untimely deaths of their workers – all codified into law by the U.S. Congress – making death a profit center on Wall Street. Or, as Frontline revealed, that two-thirds of your 401(k) plan over a working lifetime is likely to be lost to financial fees’.

Michael Hudson

Further support for a long-held Slog analysis on US payroll data:

‘the reason jobless claims have trended lower is because there are less people working full-time in jobs that qualify for unemployment benefits when they do lose their jobs’.

Investment Research Dynamics

(Hat-tip to kf)

On 17 April 2015, Katie Hopkins wrote a column in The Sun comparing migrants to “cockroaches” and “feral humans” and said they were “spreading like the norovirus”….A Change.org petition was initiated with the aim of getting The Sun to sack Hopkins. By 26 April, it had attracted over 310,000 signatures. It had no effect on Newscorp. This is what former Turdoch fixer Les Hinton had to say on Twitter today:

Coming free the most devilishly mendacious smear-media organisation in world history, that one just has to take the biscuit. You ain’t wrong, Les mate: you’re just a badly-parked lackey.

The Slog

Filed under: The Devil Rides out in neoliberal theory, The Devil Rides out in UK payroll data, The Devil rides out inside Newscorp, The Devil Rides out on Wall Street Tagged: Economic Policy Institute, Investment Research Dynamics, Katie Hopkins, Les Hinton, Michael Hudson, Newscorp