The Portland Community Begins to Fight Austerity

gop budget

Shamus Cooke: Those who caused the recession — Wall Street, the big banks and corporations — must be made to pay for it. The broader population can achieve this goal only if it is united and acts collectively.

The Stall Has Arrived

black unemployment

Robert Reich: @idening inequality is the underlying culprit. As long as almost all the gains from economic growth continue to go to the top, the vast middle class doesn’t have the purchasing power to boost the economy on its own.

The Tinder-Box Society

poverty

Robert Reich: Most of the gains from the productivity revolution are going to the owners of capital, while typical workers are either unemployed or underemployed, or else getting wages and benefits whose real value continues to drop.

The Small Government Fallacy

grover norquist

Charles Hayes: American history shows beyond a doubt that our health as a nation is dependent in large part on a vibrant middle class. Extreme inequality severely weakens our economic foundation.

Foreclosures 101 – Part 4

economy

Kwazi Nkrumah: Overall, Americans are now carrying about $798.3 billion in revolving debt, a type of debt that is almost entirely made up of credit card balances,

How the Goldman Vampire Squid Just Captured Europe

eurozone crisis

Ellen Brown: The Goldman Sachs coup that failed in America has nearly succeeded in Europe—a permanent, irrevocable, unchallengeable bailout for the banks underwritten by the taxpayers.

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