Category Archives: AUSTERITY

The Oddness of the President’s Upcoming Deficit-Reduction Plan

By Robert Reich On Monday the President will offer ways to pay for his $467 billion American Jobs Act mostly by increasing taxes on the wealthy. I’m all in favor, but it’s an odd strategy. If any Republican was prepared … Continue reading

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The Deficit is Not Default of Obama

EXCLUSIVE: The Deficit Is Not Default of Obama, by: Greg Palast, Truthout | News Analysis, Thursday 21 July 2011 Let’s talk about how we ended up in this pickle, bucking up against the “debt ceiling.” From 2001 to 2008, a … Continue reading

Posted in AUSTERITY, bankruptcy, CAPITALISM, DEMOCRACY, ECONOMY, GLOBALIZATION, GOVERNMENT, GREED, POLICY, RESOURCES | Tagged , , , , , , , , | 1 Comment

Petition against Gang of 6 debt ceiling bill which cuts Social Security and threatens Medicare and Medicaid: from Dennis Kucinich

The Raw Deal? by Congressman Dennis Kucinich, Wednesday, 20 July 2011 “A Big Deal.” That’s what the White House has been fighting for the past few weeks in negotiations over raising the debt ceiling. It was a search for a … Continue reading

Posted in AUSTERITY, CAPITALISM, GLOBALIZATION, GOVERNMENT, postcolonialism, SOCIALISM | Tagged , , , , , , , | 8 Comments

Tell President Obama: Now is the time to stand with the tens of millions of Americans who are struggling to survive economically, not with the millionaires and billionaires who have never had it so good

Bernie Sanders spoke about the inequity and the criticality of the current moment on the floor of the Senate. The following letter to President Obama is posted on his website. Add your signature to Senator Sanders letter Dear Mr. President, … Continue reading

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Greece: A Look At America’s Future

Posted in AUSTERITY, CAPITALISM, DEMOCRACY, ECONOMY, EMPIRE, EMPLOYMENT, EVIL CORPORATIONS, FASCISM, GREED, NATIONWIDE GENERAL STRIKE, POLICY, PROTESTS, RESOURCES | Leave a comment

WE ARE BEING LIED TO

Posted in AUSTERITY, CAPITALISM, EVIL CORPORATIONS, GOVERNMENT, GREED, POLICY, PROTESTS | Leave a comment

“We are not commodities in the hands of bankers and politicians”: Protests Grow in Greece Over Austerity Measures

“You got the disease, we got the solution — revolution,” read one banner. “We are not commodities in the hands of bankers and politicians.” By George Georgiopoulos REUTERS ATHENS, June 5 (Reuters) – Tens of thousands Greeks rallied in central … Continue reading

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The Corporate State Wins Again

The Corporate State Wins Again, by Chris Hedges, Published on Monday, April 25, 2011 by TruthDig.com When did our democracy die? When did it irrevocably transform itself into a lifeless farce and absurd political theater? When did the press, labor, … Continue reading

Posted in AUSTERITY, bankruptcy, CAPITAL, CAPITALISM, DEFENSE DEPARTMENT, DEMOCRACY, ECONOMY, EDUCATION, EMPLOYMENT, EVIL CORPORATIONS, GLOBALIZATION, GOVERNMENT, GREED, Health, HOMELAND SECURITY | Tagged , , , , , , , , , | Leave a comment

Status anxiety in the age of austerity

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Capitalism’s Dismal Future

Capitalism’s Dismal Future, by Paul Mattick, The Chronicle Review, March 13, 2011           A homeless man named Roger panhandles in New York City, Spencer Platt, Getty Images Apart from the patently nonreality-based dissent of its Republican … Continue reading

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