“Catfood Commission” Threat Re-emerges Amid Budget Crisis

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Carl Bloice: While some of us have been sleeping (metaphorically speaking) Republican senators have been slipping into the White House and over repasts possibly working with Administration staffers on a new version of “Simpson-Bowles.”

Trickle Down Poverty

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Steve Hochstadt: Republicans are trying to slash the programs which have allowed most people who fell into poverty during the recession to get out of it.

What We Could Do with a Postal Savings Bank

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Ellen Brown: Postal banking systems are ubiquitous in other countries, where their long record of safe and profitable public banking has proved the viability of the model.

JPMorgan Chase: “Incredibly Guilty”

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Richard Eskow: An outside observer might be forgiven for thinking JPMorgan Chase isn’t so much a bank as it is a criminal enterprise with a bank attached to it.

Straight Talk About the GOP Budget

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RJ Eskow: Who is going to explain to the American people how profoundly misguided, and even immoral, the Republicans’ entire economic agenda has become?

Food Stamp Cuts Hurt Us All

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Victoria Defrancesco Soto: The assault on food stamps is misdirected.  Aside from the fact that the overwhelming majority of recipients are families with children, the elderly, or disabled, the cuts won’t fix our economy. 

New Bracero Program Would Hurt Farm Workers

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David Bacon: Agribusiness wants a new guest worker program, and complaints of a labor shortage are their justification for it. But a little investigation of the actual unemployment rate in farm worker communities leads to a different picture.

Loss of Economic Exceptionalism

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Claude Fischer: Today, the U.S. does not provide more upward mobility than other nations do; if anything, young Americans’ economic fortunes are more tied to those of their parents than is true in other western nations.

Francis’s Message to Ryan

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Brent Budowsky: The world has been blessed with a powerful, loving, compassionate, humble, faithful, wise and transcendent voice for the poor and downtrodden in Francis.

Congresspeople Unwilling to Work, Shall Not Eat!

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Tina Dupuy: Instead of debating how we can possibly lift people out of poverty we have a swarm of hissing cockroaches in neckties debating how to punish poor people for being too decadent with their $4.50 a day eating habits.

A Touch of Class: Knowing Our Place on the Social Ladder

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Steven Mikulan: The heady optimism that has traditionally led many Americans to believe we’re doing better than we actually are – a mirage consensus fed by television shows and movies featuring families who never seem to worry about money or employment – is eroding.

The Armageddon Looting Machine: The Looming Mass Destruction from Derivatives

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Ellen Brown: Five years after the financial collapse precipitated by the Lehman Brothers bankruptcy on September 15, 2008, the risk of another full-blown financial panic is still looming large, despite the Dodd Frank legislation designed to contain it.

Public Banking for Wales, Ireland and Scotland: Promise and Possibilities

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Ellen Brown: Ian Jenkins of Arian Cymru (Money Wales) has written two excellent articles on why Wales should have its own bank and how that might be accomplished.

Jobs Numbers Reflect Crisis for Young and Old

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RJ Eskow: There was a time in the not-so-distant past when working people were able to consider retirement at the age of 60 or 62. But households that saw their net worth gutted by the financial collapse can no longer consider that option.

Jobless Rate a National Scandal; Beltway Yawns

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Brent Budowsky: The pain of workers is excruciating, and nobody in Washington cares. Congress prepares to return from a ridiculous five-week vacation with no attempt to pass a major jobs bill in four years.

Wall Street Still Too Big To Fail

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Robert Reich: Five years ago this month Wall Street almost slid over the cliff. We bailed it out but millions of Americans are still suffering

Did the Occupy Movement Actually Happen?

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Randy Shaw: Even its critics thought the Occupy movement raised important questions about dramatically rising income inequality in the United States. And that’s why I doubt Obama would be considering Summers if the Occupy movement were still dominating the public debate.

Making the World Safe for Banksters: Syria in the Cross-Hairs

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Ellen Brown: Iraq and Libya have been taken out, and Iran has been heavily boycotted. Syria is now in the cross-hairs. Why? Here is one overlooked scenario.

What’s Really at Stake

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Robert Reich: But before the hostilities start again and we all get lost in puerile politics and petty tactics, it’s useful to consider what’s really at stake for our economy and democracy.

Larry ‘The Great Unifier’ Summers — Of People Who Oppose Larry Summers

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Richard Eskow: I takes a special kind of magic to bring together groups as diverse as progressive Democrats, Californians, conservative Republicans, feminists, a number of prominent economists, and a large chunk of the global investment community.

Dream Deferred: Minimum Wage Higher in ’63 Than Today

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Richard Eskow: Of the people who speak reverently about that march this week, how many will fight for a higher minimum wage so that all people can live in dignity?

Lousy Jobs for Labor Day

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Robert Reich: The percent of Americans living below the poverty line has been increasing even as the economy has started to recover — from 12.3 percent in 2006 to around 14 percent this year. More than 35 million Americans now live below the poverty line.

The Leveraged Buyout of America

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Ellen Brown: Giant bank holding companies now own airports, toll roads, and ports; control power plants; and store and hoard vast quantities of commodities of all sorts. How have they pulled this off, and where have they gotten the money?

Seized for “Inactivity”

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Jim Rhodes: As for stealing bank accounts for “inactivity,” that has to be a new moral low-even for Washington. Apparently robbing unsuspecting elderly is not enough, now the banking industry wants children’s college funds as well?

Why Eliot Spitzer Makes Wall Street Quiver

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Ellen Brown: Before Eliot Spitzer’s infamous resignation as governor of New York, he was one of our fiercest champions against Wall Street corruption, in a state that had some of the toughest legislation for controlling the banks.

The Detroit Bail-In Template: Fleecing Pensioners to Save Banks

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Ellen Brown: The Detroit bankruptcy is looking suspiciously like the scene in Cyprus in 2013, which is now becoming the model globally.

How Dare D.C Demand Fair Wages from Walmart!

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Jim Hightower: This Mother Teresa of Global Retailing is now wailing that its generosity has been spurned by an impudent city council that says it’s not interested in corporate pretensions of “charity,” but in tangible fairness.

Bulworth on Obama

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Brent Budowsky: Lawrence Summers fought for the worst economic idea since FDR, repealing Glass-Steagall — a super-disastrous mistake.

City-Owned San Francisco Bank Gets Green Light

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Ellen Brown: The question today is whether cities and counties can afford not to set up their own municipal banks, both to protect their money from confiscation and to take advantage of the very low interest rates and other perks available exclusively to the banking club.

Alicia Keys Should Get a Divorce — From Walmart

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Peter Dreir: Walmart invites big-name celebrities not only to entertain the shareholders but also to lend legitimacy to the company, which for years has been the target of substantial criticism from human rights groups, environmentalists, women’s and immigrant rights activists, unions, small business organizations, and many others.

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