With the nation’s unemployment rate still above eight percent, millions of Americans are looking for work, and the country’s biggest corporations are hiring. According to a new report from the Wall Street Journal, however, many of those corporations are adding … Continue reading
President George W. Bush spent over 124 million taxpayer dollars on trips to his ranch in Crawford, TX, and using John Boehner’s logic we demand that the GOP pay us back. While trying to distract America from the fact that … Continue reading
America’s experiment with the debt-for-diploma system has officially failed. Total student loan debt in the U.S. now tops $1 trillion – an unprecedented sum that represents the unprecedented obstacles students and recent graduates face in their pursuit of the American … Continue reading
The odds that the economy has fallen into a spring slowdown – for the third straight year – rose this morning. The number of people who filed new claims for jobless benefits held roughly steady last week, according to the … Continue reading
For the past two years most policy makers in Europe and many politicians and pundits in America have been in thrall to a destructive economic doctrine. According to this doctrine, governments should respond to a severely depressed economy not the … Continue reading
Austerity policies are driving us towards a double-dip recession, warns US economist Joseph Stiglitz. He sat down with Martin Eiermann to discuss new economic thinking and the influence of money in politics. The European: Four years after the beginning of … Continue reading
WASHINGTON — The latest Republican plan to reconcile the budget and preserve defense spending extracts even deeper cuts from programs to help the poor and Americans still reeling from the recession. Although spending levels for the budget were set in … Continue reading
As a sheriff’s deputy dumped the contents of Joy Uhlmeyer’s purse into a sealed bag, she begged to know why she had just been arrested while driving home to Richfield after an Easter visit with her elderly mother. No one … Continue reading
FAIR Works * FAIR Extra!’s new study of the narrow guestlists of Sunday chat shows has been covered all the way from the L.A. Times to Democracy Now! to Entertainment Weekly–and a petition calling for a broader conversation has garnered … Continue reading
Last week, Roosevelt Institute Senior Fellow Bo Cutter’s latest installment of the Next American Economy breakfast series featured Andrew McAfee, principal research scientist at MIT’s Center for Digital Business, discussing his book The Race Against the Machine. A self-proclaimed technology … Continue reading
FDR once thought austerity was the answer, but he quickly learned how wrong he was. As European leaders watch their austerity measures generate economic setbacks and pain at the polls, they’re re-learning a lesson that FDR also learned the hard … Continue reading
“The boom, not the slump, is the right time for austerity at the Treasury.” – John Maynard Keynes (1937) Collected Writings Should the United States cut its deficit in the short term? This has been the subject of intense debate … Continue reading
Another example of use of OPPOSOTIFICATION by radical right wing Cons. Some people might it lies. Sometimes I wonder how these people can breathe and poop at the same time. Rep. Paul Ryan and his on-again, off-again political inspiration, Ayn … Continue reading
Taxes for union busting Government contractors are using taxpayer-bought space to crack down on labor — and Obama’s letting it slide On April 4, Barbara Harms’ boss forced her to attend a meeting about why she shouldn’t join a union. … Continue reading
When David Wegner went looking for a checking account in January, he was peppered with offers for low-end financial products, including a prepaid debit card with numerous fees, a short-term emergency loan with steep charges, money wire services and check-cashing … Continue reading
You could call it a bubble, but it’s more like a ball and chain. Bubbles are, after all, light and airy. The collective weight of American student debt is now over $1 trillion, and that weight is a drag not … Continue reading
World population needs to be stabilised quickly and high consumption in rich countries rapidly reduced to avoid “a downward spiral of economic and environmental ills”, warns a major report from the Royal Society. Contraception must be offered to all women … Continue reading
Oh, for the next lie from the Cons. Bush/Cheney/Rumsfeld now responsible for the “Arab Sring” because of the Iraq War. “Bush had it right.” After planting all sorts of racist anti-Muslim memes, especially about Egypt, they are NOW trying to … Continue reading
Julian Assange of WikiLeaks has a TV program on Russia Today RT that just Beats The (American) Press…
Since they don’t require coursework in economics, capitalism, socialism, etc. in the high schools and universities, we don’t know much about any of them. Here is an article by an Argentinian economist from International Socialist Review. It is not a … Continue reading
So he gave me a history lesson—about how a group of Cuban intelligence agents had uncovered a plot to be blow up an airplane; about how author Gabriel Garcia Marquez had carried a secret message from Fidel Castro to Bill … Continue reading
SAN FRANCISCO (KGO) — Hundreds of protestors tried to shut down a Wells Fargo’s shareholders meeting in San Francisco’s Financial District Tuesday. Even though they weren’t successful, parts of California and Sacramento Streets were closed to traffic throughout the day. … Continue reading
Providence, R.I. – A Rhode Island woman has filed a lawsuit claiming that she was wrongfully detained on suspicion that she was in the country illegally. The woman, who lives in New Providence, has sued several federal immigration officials, the … Continue reading
Robert Reich breaks some knowledge on the REAL public nuisance. OCCUPY DEMOCRACY.
An interesting “think article” by Lewis Lapham, former editor of Harper’s Magazine, current editor of Lapham’s Quarterly, and one of the foremost intellectuals of America (that you probably haven’t ever heard of). Word Order The Internet as the Toy With … Continue reading