Want Jobs? Rescue Homeowners – And Spend, Baby, Spend
Homeowners owe $800 billion in “negative equity” to banks for non-existent real estate value and need principal relief By Richard (RJ) Eskow Our Future, April 6, 2012 Now we know: The jobs situation is bleak, and it will continue to be …
The Mismeasure of Wealth
By Anantha Duraiappah and Partha Dasgupta Nation of Change, April 8, 2012 Despite many successes in creating a more integrated and stable global economy, a new report by the United Nations Secretary-General’s High-Level Panel on Global Sustainability – Resilient People, Resilient Planet: A …
Study: Is the Chinese Economy Already 20% Bigger Than the U.S.? May Be Double U.S. Economy in 10 Years
The United States as Number 2 By Dean Baker CEPR, April 4, 2012 Politicians in the United States must ritualistically assert that the United States is and always will be the worlds leading economic, military and political power. This chant …
“Not In Labor Force” At New All Time High
“Not In Labor Force:” 87,897,000 By Tyler Durden Zero Hedge, April 6, 2012 March NFP big miss at just 120K. Unemployment rate declines from 8.3% to 8.2%. Futures slide, for at least a few minutes before the NEW QE TM rumor starts …
A Third Jobs Relapse Underway?
Real Jobs Numbers are Catching Up to Manipulated Numbers April 8, 2012 by jackrasmus COMMENTARY: FOR TWO CONSECUTIVE YEARS DURING THE WINTER OF 2010-11 AND 2011-12 THIS WRITER HAS BEEN FOREWARNING THAT JOBS DATA REPORTED FROM NOVEMBER TO MARCH IS POSSIBLY …
State Sponsored Single Payer Healthcare Would Bring In Business & Jobs
Single Payer will create jobs for local residents, free the entrepreneurial spirit that made this country great, improve business’ ability to compete and profit and give affordable and accessible health care to every citizen of a state. By Rick Ungar Forbes, …
What the March Jobs Numbers Mean
By Robert Reich Robert Reich’s blog, April 6, 2012 The economy added only 120,000 jobs in March – down from the rate of more than 200,000 in each of the preceding three months. The rate of unemployment dropped from 8.3 to …
U.S. Standard of Living Has Fallen More Than 50%
By Jeff Nielson Bullion Bulls Canada, April 2nd, 2012 In writing about the relentless collapse of Western economies, I frequently point to “forty years of plummeting wages” for Western workers, in real dollars. However, where I have been remiss is in …
Fukushima Daiichi Site: Cesium-137 is 85 times greater than at Chernobyl Accident
Akio Matsumura April 3, 2012 Ambassador Mitsuhei Murata Japan’s former Ambassador to Switzerland, Mr. Mitsuhei Murata, was invited to speak at the Public Hearing of the Budgetary Committee of the House of Councilors on March 22, 2012, on the Fukushima …
Mondragón Worker-Cooperatives Decide How to Ride Out a Downturn
By Georgia Kelly and Shaula Massena YES!, June 5, 2009 Spain’s Eroski grocery stores are Mondragón’s largest cooperative. Photo courtesy of www.eroski.es The Mondragón Cooperative Corporation (MCC), the largest consortium of worker-owned companies, has developed a different way of doing business—a way …
Three Myths on Spending, Debt, and Taxes
By Chad Stone Off the Charts, April 5, 2012 In my latest post for US News & World Report, I identify three myths about spending, debt, and taxes that conservative politicians use to justify the plan of House Budget Committee Chairman Paul Ryan — …
Nearly Half of U.S. Nuclear Reactors Built Near Fault Lines
No more Fukushimas One year after the Japanese disaster, the fact is that U.S. nuclear plants still face similar risks By Gwen L. DuBois Baltimore Sun, March 11, 2012 The earthquake and tsunami that struck Japan one year ago today precipitated the most serious nuclear …
CEO Of Major Bank Writes Epic Anti-Wall Street Manifesto
M & T Bank CEO blasts the industry for destroying its own reputation Joe Weisenthal Business Insider, April 6, 2012 Were you annoyed by the ”whining” in Jamie Dimon’s annual letter to shareholders. Go download and read the shareholder letter from M&T bank CEO Robert …
45 Signs That America Will Soon Be A Nation With A Very Tiny Elite And The Rest Of Us Will Be Poor
By Michael Snyder American Dream, April 2012 The middle class is being systematically wiped out of existence in the United States today. America is a nation with a very tiny elite that is rapidly becoming increasingly wealthy while everyone else …
10 Unbelievably Sh**ty Things America Does to Homeless People
No population has their human and civil rights so casually and routinely trampled as do homeless Americans. AlterNet By Tana GanevaApril 5, 2012 | For decades, cities all over the country have worked to essentially criminalize homelessness, instituting measures that outlaw holding …
Weak Job Growth Gets Weaker in March
Three articles below discussing the slowing job growth in March . . . Jobs recovery suffers setback in March By Lucia Mutikani Reuters, April 6, 2012 (Reuters) – Employers hired far fewer workers in March than in previous months, keeping the …
Three Corporate Myths that Threaten the Wealth of the Nation
It’s time to restore corporate power to the people by blasting through the myths about how corporations should be run, and for whom. By William Lazonick and Ken Jacobson and Lynn Parramore AlterNet, April 5, 2012 | Photo Credit: shutterstock Corporations are not working for the …
Why it should be illegal to speculate using financial derivatives.
Not Worth the Gamble CFTC prohibits the new political events contracts that would have enabled traders to bet on the winners of national elections By Eric Posner and Glen Weyl Slate, April 4, 2012 On Monday, the U.S. Commodity Futures Trading Commission issued an order …
Are America’s Nukes on the Brink of Death? So much for the “nuclear renaissance”
The only two US reactor projects now technically under construction are on the brink of death for financial reasons By Harvey Wasserman Common Dreams, April 5, 2012 San Onofre Nuclear Generating Station (SONGS) If they go under, there will almost certainly be …
France best, U.S. worst in preventable death ranking
If the U.S. performed as well as other developed countries, there would be 101,000 fewer deaths in the United States per year By Will Dunham Reuters, Jan 8, 2008 (Reuters) – France, Japan and Australia rated best and the United States worst in new …
FDR Countered Wall Street’s Greed With Mass Prosperity
By David Woolner New Deal 2.0, March 27, 2012 Today, national progress and national prosperity are being held back chiefly because of selfishness on the part of a few… You know their reasoning. They say that in the competition of …
U.S. Corporate Tax Rate Much Lower Than Most Other Developed Nations
By Pat Garofalo ThinkProgress, April 1, 2012 Republicans have been kvetching about the fact that, as of Sunday, the U.S. will have thehighest statutory corporate tax rate in the world following a scheduled cut in Japan’s corporate tax. “The United States …
GOP Attorney General Suing Over Obamacare Supports Single-Payer: ‘I Trust The Government More’
By Scott Keyes Think Progress, March 30, 2012 Louisiana Attorney General Buddy Caldwell (R) WASHINGTON, DC — According to one Republican attorney general in the lawsuit against the health care individual mandate, the problem with Obamacare is that it’s not a government takeover …
2012: The Year of the Cooperative
How an old business model is finding new relevance all over the world. By Jessica Reeder Yes Magazine, Feb 01, 2012 Gumutindo Coffee cooperative, Mount Elgon Uganda. Photo by Twin and Twin Trading Images What do coffee growers in Ethiopia, hardware store …
Organized Money From Cities, Unions and Churches Moving Out of Big Banks
By Yana Kunichoff Truthout, March 28, 2012 It’s getting expensive these days to be a bad citizen in America, if you’re a major bank. A growing number of cities around the country have passed, introduced or drafted responsible banking ordinances …
Participatory Budgeting Comes to New York City
Putting In Their 2 Cents Eric Michael Johnson for The New York Times Eric Michael Johnson for The New York Times Eric Michael Johnson for The New York Times Eric Michael Johnson for The New York Times Eric Michael Johnson …
The Marriage of Unions and Worker Ownership
Worker Ownership For the 21st Century? Laura Flanders on The Nation, March 27, 2012 It may not be the revolution’s dawn, but it’s certainly a glint in the darkness. On Monday, this country’s largest industrial labor union teamed up with the …
A True ‘All Of The Above’ Energy Policy: Denmark Affirms Commitment To 100% Renewable Energy By 2050
By Stephen Lacey, Think Progress, Mar 27, 2012 A biogas facility in Denmark Denmark is known for being a world leader in wind electricity. But there’s so much more to the country’s renewable energy sector that deserves attention. A recent package …
Partisan Confusion: Outside the Supreme Court While the Health Insurance Mandate is Debated
By Kevin Zeese I was standing outside the U.S. Supreme Court holding a sign that said “Single Payer Now, Strike Down the Obama Mandate.” It was the second day of argument on the Affordable Care Act. As I watched the …
National Occupation of Washington, DC Social Forum: Schedule and Workshops
The Social Forum of the National Occupation of Washington, DC is really incredible and really shows the talent of the Occupy and its allies. So far there are 66 sessions, room for a few more, covering a wide array of …
