Category Archives: ECONOMY

Americans Vastly Underestimate Wealth Inequality

by William Alden Huffington Post Americans vastly underestimate the degree of wealth inequality in America, and we believe that the distribution should be far more equitable than it actually is, according to a new study. Or, as the study’s authors … Continue reading

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France: Laissez-Faire Capitalism Is Over

Business week article: France: Laissez-Faire Capitalism Is Over A couple of years old but still relevant to the cause…

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The Angry Rich

By PAUL KRUGMAN New York Times Anger is sweeping America. True, this white-hot rage is a minority phenomenon, not something that characterizes most of our fellow citizens. But the angry minority is angry indeed, consisting of people who feel that … Continue reading

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Pacific Heights Moguls Fund Sit/Lie

High-tech financiers, not Haight Street merchants, are bankrolling Prop. L, the proposed Sit/Lie law Campaign finance reports filed Aug. 2 reveal that the measure’s backers include some of the Bay Area’s wealthiest and most influential players. Among those who have … Continue reading

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End The Bush Tax Cuts For The Mega Rich

We urge Congress to do the right thing: let the Bush tax cuts for the richest 2% expire at the end of the year. We also believe Congress should extend the middle class tax cuts for The 98% of households … Continue reading

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ANOTHER BIG RETURN

As Part of Heather Sparks’ BIG RETURN Rebecca Walker contributed: Pics so low quality, but works in overall buyer’s remorse energy. Here’s one: The Item. Item in box. Item, wrapped, waiting on desk to be returned. Item wrapped in original … Continue reading

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David Korten: Agenda for a New Economy

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Poverty Rate In U.S. Saw Record Increase In 2009: 1 In 7 Americans Are Poor

“Interviews with six demographers who closely track poverty trends found wide consensus that 2009 figures are likely to show a significant rate increase to the range of 14.7 percent to 15 percent.” See full article HERE.

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WHAT IS THIRD WORLD AMERICA?

Arianna Huffington explains: 26 million Americans unemployed or underemployed (as of July 2010) 270,000 homes were repossessed by banks in the second quarter of 2010, up 38% from the year before 1.51 million people filed for personal bankruptcy during the … Continue reading

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PRACTICAL GUIDE TO HELP PREVENT THIRD WORLD AMERICA

Arianna Huffington’s guide to help prevent Third World America:

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