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Stock Market

Time of Destruction, Time of Rebuilding

James Hilgendorf is a writer, speaker, poet, and filmmaker. His books cover a wide range of subjects – religion, politics, economics, science, social issues, the future of America. A highly-acclaimed filmmaker, his travel films and documentaries have been seen around the world. He is a long-time member of the SGI, or Soka Gakkai International, the […]

Coronavirus & The Dream of America.

These are extraordinary times. The coronavirus has brought into clear focus certain delusions that have been festering for a long time in the lives and minds of the American people. Division, chaos, loss of hope, uncertainty and fear are all around us. We are entering unknown waters, without a sense of navigation. The President, the […]

Time of Destruction, Time of Rebuilding.

Sometimes, assessing the rotting foundation, frames and structure of an old house, sitting still on a valuable piece of property, it becomes appropriate to raze the house to the ground to make way for a new, modern building. In America, we have reached such a time, of destruction, and the commencement of a new rebuilding. […]

Universal Basic Income, The Coronavirus & Buckminster Fuller

Rather than raising hopes of inevitably returning to the state of affairs we knew before the pandemic, the coronavirus is forcing us to rethink anew an entire range of previous assumptions about how we manage our lives. With tens of millions now out of work, and businesses floundering and crashing all around, how are individuals […]

What Drives the Stock Market?

It has become increasingly clear that the gyrations of the stock market have very little connection anymore to the economic and social realities of our country. Tens of millions of workers are out of a job. Businesses are folding. There is no doubt we are in the midst of a recession and possibly a depression […]

A New Revolution Demanded

Meanwhile, while the Dow Jones Industrial Index gains 455 points in its last trading day, the unemployment figures hit a new high of almost 15,000,000 unemployed, which, from the viewpoint of many, does not even reveal the true figure – a figure that puts us back into the dark days of the Depression. States are […]

Judgment Day

30,000,000 jobless claims total now, a tip of the iceberg. 1,000,000 people infected with the coronavirus, 60,000 dead so far. Hunger lines, cars lining up for miles, searching for food. A stock market gyrating wildly, searching for solid ground, for a way, any way, towards profit, towards gold, with no connection to the reality of […]

Disappearing Work & Universal Basic Income

Work is changing rapidly in the United States. The unemployment rate presently is somewhere around 4%; but that’s deceiving.  Many are working at minimum or low wage jobs, or working two or three part-time jobs to survive.  Many are driving part-time for Uber or Lyft, or living two or three families in an apartment in […]

“Studs Lonigan” & the Great Wall Street Crash of 1929

“Studs Lonigan”, by James T. Farrell, is one of the great books of American literature.  Written as a trilogy in the 1930s, it tells the story of a young man, William “Studs” Lonigan, growing up in an Irish family on Chicago’s Southside during World War I, the Roaring Twenties, and the Great Depression. Farrell’s purpose […]