RECENT NEWS

HIGHLIGHTS-Bernanke speech on U.S. economic outlook

Reuters September 8, 2011 The following are highlights of Federal Reserve Chairman Ben Bernanke’s speech on the economic outlook before the Economic Club of Minnesota on Thursday. For a story on Bernanke’s testimony, see [ID:nW1E7IR02M] For a full text of Bernanke’s remarks, ... Read more

Tax the super-rich or riots will rage in 2012

Commentary: 6 reasons we can’t stop coming economic meltdown By Paul B. Farrell, MarketWatch, August 16, 2011 Reuters Police officers in riot gear drag a man along a street in London Aug. 8, 2011. SAN LUIS OBISPO, Calif. (MarketWatch) — What a year. Rage in London, Egypt, Athens, Damascus. All real. ... Read more

Here’s a Jobs Plan . . .

Yesterday, I criticized the jobs plan presented by President Obama and Republican presidential candidate Mitt Romney, below is a jobs plan that would actually get the country moving and put in place a foundation for a 21st Century economy. KZ   Sen. Bernie Sanders spells out his jobs plan WASHINGTON – September 7 ... Read more

Whose Interests Will the Super Committee Members Represent?

  Half in Ten August 31, 2011 The deal to raise the debt ceiling set up a bipartisan “super committee” comprised of six members of the House and six members of the Senate tasked with finding $1.2 trillion to $1.5 trillion in additional budget savings over the next 10 years. ... Read more

Key Dates in the Life of the Supercommittee

The timeline of the ‘supercommittee’ By Felicia Sonmez Washington Post, August 9, 2011 (Joshua Roberts – BLOOMBERG) A Democratic aide said late Tuesday that Senate Majority Leader Harry Reid (D-Nev.) has selected Sen. Patty Murray (D-Wash.) as the co-chair of the congressional committee charged ... Read more

‘August Jobs–Worse Than Zero’

By Jack Rasmus September 5, 2011 (Labor Day) Last Friday, September 2, 2011, the latest jobs report was released by the US Labor Department. It showed no jobs created for the month of August. Zero. Zip. The report confirmed the growing evidence that the US economy was on a track toward a ... Read more