RECENT NEWS

Citizens Ramp Up Battle Against Fossil Fuel Industry

By Kanya D’Almeida IPS News, September 8, 2011 WASHINGTON, Sep 8, 2011 (IPS) – The fight against oil and gas giants is heating up in the U.S., with new waves of protest and civil disobedience springing up across the country. The last three weeks saw nearly 1,000 people arrested ... Read more

Bank of America is Doomed

Chris Whalen—Stop Firing People And Just Declare Bankruptcy Now By Henry Blodget Business Insider, September 9, 2011 Bank of America is doomed, says bank analyst Chris Whalen, the founder and managing director of Institutional Risk Analytics. (See video below) Importantly, this dour outlook has nothing to do with the ... Read more

Where Did the U.S. Debt Come From

The graphic below shows us where the debt came from.  Mostly from tax cuts for the wealthiest and war, then from the economic collapse.  Knowing the sources, also lets us know the solutions. Hint: cutting Social Security and Medicare are not solutions.

Nurses Protest in 60 Cities, Demanding Tax on Wall Street

By Mischa Gaus Labor Notes, September 3, 2011 Thousands of nurses and supporters descended on their local Congressional offices nationwide Thursday, demanding that Wall Street pay for the crisis it created. Thousands of nurses and supporters descended on their local Congressional offices ... Read more

The Payroll Tax Holiday: Talk about a Ponzi Scheme!

By Wendy Mink Common Dreams, September 9, 2011 Is President Obama trying to kill Social Security without explicitly saying so?  He put Social Security “on the table” for consideration by his Deficit Commission — even though Social Security has not contributed to creating or ... Read more

How to Put America Back to Work

by Joseph E. Stiglitz Politico, September 8, 2011 The country is — or should be — focused on jobs. Some 25 million Americans who want a full-time job can’t get one. The youth unemployment rate is as much as twice that of the already unacceptable national average. America has always thought of itself as a land of ... Read more