Category Archives: ECONOMY

U.S. Economy Tumbles Down Down Down … Global Ranking Of Competitive Economies

U.S. in Fifth Place:  The World Economic Forum cited the U.S. for “a number of escalating weaknesses” including declining public faith in political leaders and corporate ethics. By John Heilprin HUFFINGTON POST GENEVA — The U.S. has tumbled further down … Continue reading

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Options: Slave Labor

Policy makers are scrambling to do anything to put people to work … including slave labor (under the guise of “job training”). However, rather than addressing the real issues and solutions – the need for rigorous regulation of corporations, closing … Continue reading

Posted in CAPITALISM, CORPORATE BRUTALITY, ECONOMY, EMPLOYMENT, EVIL CORPORATIONS, FASCISM, GOVERNMENT, GREED, POLICY | Leave a comment

Happy Labor Day! (If you’re a CEO): HOW LABOR IS GETTING SHAFTED BY CORPORATE AMERICA

By Josh Harkinson Mother Jones The red line is the share of the economy taken up by wages, salaries etc. The blue line is the share taken up by corporate profits. So the graph shows that corporations have bounced back … Continue reading

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Cornel West Speaks Up

In the New York Times Cornel West unleashes a searing denunciation of the US and the Obama administration. In summary, a catastrophe! Great to read this in a major newspaper…  I fear, however, that we are a long way from the revolution … Continue reading

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How to Party Like a Billionaire Financier With a 15% Tax Rate

A full moon rises over the Hamptons as the crocs come out to play. By Lynn Parramore, August 22, 2011, Re-posted from AlterNet While the world economy trembles and their fellow Americans face blown-up 401Ks, foreclosure threats, and fruitless job … Continue reading

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Suicides and Student Loan Debt

CIO!: One Solution to these suicides and to the worsening U.S. economy is for the federal government to Forgive All Student Loan Debt! Rather than continuing to throw (away) money at Wall Street, the U.S. government should help Main Street … Continue reading

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The Rescue That Missed Main Street

Government officials rewarded imprudent institutions with stupefying amounts of free money. Even so, we are still in economically stormy seas. Doesn’t that indicate that it’s time to try a different tack? By Gretchen Morgenson The New York Times  FOR the … Continue reading

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Can We Stop the Charade and Just Cut To The Chase: THE U.S. IS HEADED FOR A DEPRESSION

With a nod to Third Voice (for those who remember it) … but without the cool interface CIO! = burgundy (a step up from red) GDP: U.S. Economy Grows Only 1 Percent In Spring, Increasing Recession Fears by Christopher S. … Continue reading

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All Work and No Pay: The dirty secret of the jobless recovery

YOU: doing more with less. CORPORATE PROFITS: up 22 percent. By Monika Bauerlein and Clara Jeffery Mother Jones Also read harrowing first-person tales of overwork and 12 charts on just how much is being demanded of American workers. On a … Continue reading

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WORD!

U.S. Corporations are looking to and investing in new markets outside of the United States. That doesn’t just mean they’ve moved the manufacturing outside of the U.S.; it means they no longer see the U.S. as the primary market they’re … Continue reading

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