CIO HEROES!!
Edward Snowden!
Edward Snowden is an American hero who has significantly raised public awareness about the United States' government's threat to global freedom by using extreme and illegal measures of surveillance.
Category Archives: ECONOMY
Vicious Cycles: Why Washington is About to Make the Jobs Crisis Worse
By Robert Reich We now live in parallel universes. One universe is the one in which most Americans live. In it, almost 15 million people are unemployed, wages are declining (adjusted for inflation), and home values are still falling. The … Continue reading
Posted in CAPITALISM, ECONOMY, EMPLOYMENT, GOVERNMENT, GREED, POLICY, Tax cuts for the rich
Leave a comment
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 austerity, capitalism, corporate capitalism, debt ceiling, Democratic Leadership, Eric Cantor, GOP, Greg Palast, Obama
1 Comment
Who Suffers Under The Gang of Six Deficit Reduction Scheme: Seniors, Students, Working families
Social Security benefits would be reduced, and there are also cuts to Medicare and Medicaid. Students and the disabled would lose some federal government support By George Zornick The Nation President Obama endorsed the Senate’s Gang of Six deficit reduction … Continue reading
Posted in CAPITALISM, ECONOMY, GOVERNMENT, GREED, POLICY, RESOURCES, Tax cuts for the rich
Leave a comment
Go Gang of Seventy … and the People’s Budget
By Katrina vanden Heuvel The Nation With too much fanfare, the contours of a “grand bargain” on the budget have emerged with a proposal offered by the Senate’s Gang of Six. It’s a deal that looks a helluva lot more … Continue reading
Posted in CAPITALISM, ECONOMY, GOVERNMENT, POLICY, SOLUTIONS
Leave a comment
U.S. Consumer Confidence Now Lower Than At Height Of Global Recession
REUTERS LONDON (Susan Fenton) – Global consumer confidence fell in the second quarter to its lowest level in a year and a half as an uncertain economic outlook, a deepening euro zone debt crisis and rising inflation made people more … Continue reading
Posted in CAPITALISM, ECONOMY, GLOBALIZATION, RESOURCES
Leave a comment
While Millions of Families Are Suffering, JPMorgan Chase Profit Jumps
JP Morgan Chase Profit Jumps Despite Continued Mortgage Woes By Shahien Nasiripour HUFFINGTON POST NEW YORK — JPMorgan Chase, the second-largest U.S. bank by assets, reported a 13 percent jump in profits, to $5.4 billion, as lending continued to slide, … Continue reading
Posted in CAPITALISM, ECONOMY, EVIL CORPORATIONS, GREED, POLICY
Leave a comment
Kaiser Permanente Workers Face Cuts While Execs Have Enjoyed Lavish Benefits
By Dave Jamieson HUFFINGTON POST Despite strong profits and robust executive compensation at Kaiser Permanente, workers for the Calfornia-based health care giant say they’re facing down cuts to their health and retirement benefits in pending contract negotiations. Proposed cuts include … Continue reading
Posted in CAPITALISM, ECONOMY, EMPLOYMENT, EVIL CORPORATIONS, GREED
Leave a comment
His Turn: Bill Clinton Is On His Knees and Blowing Wall Street …
Bill Clinton: Lower Corporate Tax Rate By Alexander Eichler HUFFINGTON POST As the deadline to strike a deal on the debt ceiling draws closer, former president Bill Clinton criticized the nation’s corporate tax rate over the weekend, saying it should … Continue reading
Posted in CAPITALISM, ECONOMY, EVIL CORPORATIONS, GOVERNMENT, GREED, POLICY, Tax cuts for the rich
Leave a comment
Two years after economists say the Great Recession ended, Workers Are In a Depression
And it’s only going to get worse … HUFFINGTON POST WASHINGTON (AP) — This is one anniversary few feel like celebrating. Two years after economists say the Great Recession ended, the recovery has been the weakest and most lopsided of … Continue reading
Posted in CAPITALISM, ECONOMY, EMPLOYMENT, EVIL CORPORATIONS, GOVERNMENT, GREED
Leave a comment
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
Posted in AUSTERITY, CAPITALISM, CIO Heroes, ECONOMY, EMPLOYMENT, GOVERNMENT, GREED, Health, NEWS, RESOURCES, SOLUTIONS, Tax cuts
Tagged austerity, corporate capitalism, corporate money, DEMOCRACY, health, underclass
Leave a comment