RECENT NEWS

End Trickle-Down Economics to Pay Off Debt

By Robert Weiner and John Horton The Miami Herald, July 11, 2011 President Obama has given speech after speech calling on Congress to reduce tax breaks for the wealthy to balance the budget. When President Clinton left office, the budget had been balanced for four consecutive years with surpluses ... Read more

High-Stakes Blackmail: “Malefactors of Great Wealth”

By Jeff Klein CounterPunch, August 21, 2011 Photo: Avelino Maestas When I recalled that phrase recently, I was sure it had been coined by Franklin D. Roosevelt against the Big Business opponents of the New Deal. In fact, when I looked it up I was surprised to learn that the memorable words were ... Read more

Poverty. Just Say It.

By  Kathy Mulady Equal Voice Newspaperm August 21, 2011 Sisters Tamara Collins, 7, left, and Brianna Collins, 8, walk to the bus stop outside the Coalition for the Homeless of Central Florida shelter where they live, in Orlando, Fla., April 28, 2011. The number of homeless students at public schools in the U.S. reached an ... Read more

Economic Myths: We Separate Fact From Fiction

By Michael Grabell ProPublica, August 18, 2011 A sign about jobs created is posted at the Caldecott Tunnel construction project on Aug. 17, 2011, in Oakland, Calif. (Justin Sullivan/Getty Images) With the recent Iowa straw poll and President Obama’s bus tour, Americans are hearing a cacophony ... Read more

Why Did Capitalism Fail?

By Bob Burnett August 19, 2011 We live in interesting times. The global economy is splintering. U.S. voters hate all politicians and there’s political unrest throughout the world. The root cause of this turmoil is the failure of the dominant economic paradigm — global corporate capitalism. The modern world is ... Read more