Wednesday 20 July 2011 July 20, 2011, Truthou (Photo: itspaulkelly) In America, anybody who works for a living should be able to afford to retire. That’s why shunting newly hired and/or existing civil servants into defined contribution or 401(k)-style plans to save taxpayers money, as ... Read more

By Dina Rasor Truthout, July 20, 2011 (Image: JR / t r u t h o u t) The Department of Defense (DoD) Inspector General’s (IG) office recently found that the Marine Corps allowed their contractors for a vital troop protection system to act as government employees, including directing and evaluating government employees’ work, ... Read more

How is it that our nation is awash in money, but too broke to provide jobs and services? David Korten introduces a landmark new report, “How to Liberate America from Wall Street Rule.” By David Korten Yes! Magazine, Jul 19, 2011   Image by Beverly & Pack The dominant story of the current ... Read more

By Stephen C. Webster Raw Story, July 21st, 2011 The U.S. Federal Reserve gave out $16.1 trillion in emergency loans to U.S. and foreign financial institutions between Dec. 1, 2007 and July 21, 2010, according to figures produced by the government’s first-ever audit of the central bank. ... Read more

Below are two articles about a treasure trove of documents from ALEC — the American Legislative Exchange Council. This is a conservative lobby group that drafts laws for state government, working closely with big business interests. The 800 documents provide a road map for their game ... Read more

Gini’s Growing Fast (or How Much Can One Man Make?) by Paul Buchheit The Gini Coefficient is a measure of economic inequality, from 0 to 1, with 1 representing the most severe degree of inequality. The U.S. Gini, one of the highest among developed countries, has risen steadily, from .39 in 1970 to .47 ... Read more

America’s super rich, new IRS income data show, partied on right through the depth of the Great Recession. And they shared precious little of their good fortune with Uncle Sam. By Sam Pizzigati Too Much, May 14, 2011 America’s super rich, new IRS income data show, partied on right through the depth ... Read more

Below are four articles on the Gang of Six deficit reduction plan — the gang is made up of three Democrat and three Republican senators.  The plan has not been publicly released but the leaked details and vague two-page document indicate a reduction in the ... Read more

By Steve Lendman Amped Status, July 15, 2011 Short of finalizing details and assuring enough bipartisan support, it’s a done deal to slash Social Security, Medicare, Medicaid, and other social spending while leaving ... Read more

By Andrew Gavin Marshall, Global Research, July 18, 2011 Introduction In late June of 2011, the Greek government passed another round of austerity measures, ostensibly aimed at getting Greece “back on track” to economic progress, but in reality, ... Read more