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America's Third World by Frida Berrigan, | September 21, 2005America's bloated military spending leaves little left over to reduce the rampant poverty exposed by Hurricane Katrina. read more »
- A few commentators have noted the striking resemblance of the Bush administration's self-inflicted disaster in New Orleans to the stated objective of conservative strategist Grover Norquist who wants to shrink the government to a size that he can drown in the bathtub. read more »
- Good idea. Rep. John Conyers, Jr., Rep. Mel Watt, Rep. Jerrold Nadler, and Rep. read more »
Why Nuclear Power Is Not The Answer by Philip Warburg, boston.com | May 9, 2005Nuclear power is not the panacaea Bush claims. Instead, we need to clean-up fossil fuel plants, invest in renewables, and build public transit. read more »
As Goes Wal-Mart by Beth Shulman, | May 3, 2005Can Wal-Mart be competitive and offer workers decent pay and benefits? Yes—if it so chooses. read more »
Washington's Two-Headed Pig by Paul Waldman, | March 15, 2005Paul Waldman explains why the bankruptcy bill was a taste of things to come—thanks to the alliance between lobbyists and the GOP. read more »
Stiglitz Says U.S. Faces `Anemic Recovery,' Needs More Stimulus, bloomberg.com | August 6, 2010
Nobel Prize-winning economist Joseph E. Stiglitz said the U.S. economy faces an “anemic recovery” and the government will need to enact another round of “better designed” stimulus measures. more »
CEO Pay Has `Catch' as Executive Performance Targets Prevail, Hewitt Says, bloomberg.com | August 5, 2010
More companies are linking future stock and cash bonuses to specific targets, according to a study of 157 companies in the Fortune 250 released today by Hewitt Associates Inc., a Lincolnshire, Illinois-based human resources consultant. Thirty- five percent of companies in the Fortune 250 had performance plans in place in 2009 compared with 18 percent in 2003.
Senate Debate Looms on Tax Cuts for Rich, The New York Times | August 5, 2010
Reid Plans September Showdown on Extension of Tax Cuts , thehill.com | August 5, 2010
Senate Democrats will hold a September showdown over trillions of dollars in expiring tax cuts passed under President George W. Bush.
Senior Democrats had expected the controversial issue to be postponed until after the election, but Senate Majority Leader Harry Reid (D-Nev.) plans to bring it up when lawmakers return from a five-week August recess.
Small Business Bill Appears to Be Stuck in Senate, mcclatchydc.com | August 5, 2010
Foreclosed On—By the U.S. , The Wall Street Journal | August 4, 2010
James Currell is struggling to prevent his Minnesota home from being foreclosed. But his lender isn't a bank. It is the U.S. government.
The Federal Reserve Bank of New York is facing the prospect of foreclosing on a number of properties in the coming months, from homes to commercial buildings, a result of a souring mortgage portfolio it took over when it helped bail out Bear Stearns in 2008.
U.S. Consumer Bankruptcies May Exceed 1.6 Million, Report Says, bloomberg.com | August 4, 2010
U.S. consumer bankruptcies, after rising 9 percent last month from June, might exceed 1.6 million this year, according to the American Bankruptcy Institute.
The 137,698 bankruptcy filings in July also represent a 9 percent increase from a year earlier, the institute said yesterday in a statement posted on its website, citing data from the National Bankruptcy Research Center.
New Democratic Strategy for Creating Jobs Focuses on a Boost in Manufacturing, The Washington Post | August 4, 2010
Maine, Pain Drive Senate Vote Today, Politico | August 4, 2010
Tax Cuts and Tanks Require Real Money, voices.washingtonpost.com | August 3, 2010
The issue isn't that conservatives don't care about the deficit. We don't really know whether Republicans care about the deficit. They say they do, and they would certainly prefer to reduce the deficit than give people health-care coverage or keep states from firing 500,000 employees. The issue is that they care about tax cuts and defense spending more. more »