The Calculated Risk blog takes a survey of all the bad news that could hit the economy, in Crisis Fatigue? Make a list, (click through for details, etc.)
Yesterday on MSNBC, Campaign for America's Future Co-Director Robert Borosage previewed today's "Defend The Dream" rallies, organized by MoveOn.org and a broad coalition of progressive organizations, slated to take place across America today. He discussed why these rallies are so important if we are to take what began in Wisconsin and build it into a movement that can save the middle-class from the excesses of Wall Street. Excerpts are below. Find a rally near you.
***
Politicians never lead a parade or start a parade. They just rush to get in front of it after it's started. People start the parade, and this parade was started in Wisconsin. And it's going to sweep across the country...
...Wisconsin caught people's attention. you know, when the Democrats left the state and workers rallied and then other workers came to their aid, people started to see that what was at stake ... there was a war on the middle-class.
And the question is really who's going to pay to clean up the mess that was caused by Wall Street's excess. If you can send that ticket to nurses and to cops and to teachers, then the middle-class is going to continue to decline. That suddenly became clear in Wisconsin...
The President went to Kenmore Middle School in Arlington, Virginia to deliver a speech on education, calling on Congress to fix and reauthorize No Child Left Behind by the fall. more »
If you take a job away from someone who is paid a reasonable wage because they enjoy the protections and prosperity of democratic government, move it across a border, and give it to someone living under a thugocracy, forced to work for pennies with no protections whatsoever, it should be just plain obvious that the worker on our side of the border and the worker on the other side of the border are more »
After a big buildup, the hacker group Anonymous released its first batch of whistleblower emails regarding Bank of America. The result was ... confusion. Maybe they're real, maybe not. (We assume they are.) Maybe they're a letdown. Maybe not. Here's what we know and what we don't know so far.
If you think that the conservative war on America's working- and middle-classes is only happening in Wisconsin and a few other states, you're wrong. If you think that it's only a war against public employees, you're more wrong than you know. Dan Rather recently filed a story about a class action lawsuit against Wal-Mart, that will be heard by the Supreme Court later this month. The court's decision could have far reaching consequences for American workers and consumers — a decision in Wal-Mart's favor could strip private-sector workers their last effective tool for seeking justice in the workplace.
He seems to believe the federal government is not allowing him to own a functioning toilet. I found this strange, because I own a functioning toilet. And like the Senator, I also live in America. more »
People in Wisconsin are pulling their money out of Marshall & Ilsley (M&I) Bank because they know it's been helping their Governor's crusade against public employees and the middle class.
They might also like to know that M&I's executives ran one of the most conspicuous dumping sites for toxic financial waste in the country. And that the same executives are about to get very rich, even though TARP rules supposedly don't allow big bonuses for underwater bankers like the leadership at M&I.
These executives didn't just contribute to Scott Walker's campaign. They also helped the governor avoid the press - and his own constituents - by letting him use their bank's underground tunnel, which leads directly from its parking lot into the Capitol Building in Madison. Using it for this purpose may have been a violation of the bank's own Code of Business Ethics. [See UPDATE below]
That tunnel's not just a convenient way to help a political crony. It's also one heck of a metaphor. more »
Delicious
Digg
StumbleUpon
Propeller
Reddit
Magnoliacom
Newsvine
Furl
Facebook
Google
Yahoo
Technorati
