Robert Reich: If governments keep hacking away at their budgets while consumers almost everywhere are becoming more cautious about spending, global demand will shrink to the point where a worldwide dip is inevitable.
Robert Reich: The biggest ongoing threats are chronic recession or even deflation, because consumers don’t have enough money to what the economy is capable of selling at full or near-full employment. Despite gains in productivity, little has trickled down to America’s middle class.
Gary Coseri: I hacked the computer of Barack Obama. “Mr. President,” I wrote, “this can’t be happening. This can’t be right. Didn’t you say something about ‘hope’ and ‘change’; no more politics as usual? Wasn’t that you?” He wrote back that he was always glad to hear from “the People.” And that the FBI would soon be knocking on my door. Which is what happened. And it was true: They wear bad shoes!
Robert Reich: Under a shareholder protection law, shareholders would not have to spend their share of corporate earnings on candidates who they personally oppose. If a company dedicates, say, $100,000 to a particular campaign in a given year — directly, or indirectly through a front organization — shareholders who don’t want their money used this way would get a special dividend or additional shares representing their pro rata share of that campaign expenditure.
Marcy Winograd is kicking off her congressional campaign on Monday, May 11th, at 4 PM, at the VENICE PIER (Washington Blvd. and Ocean Front Walk/Boardwalk). Park on Washington Blvd., a side-street, or in the pier parking lot ($5.00). For those who want to avoid parking fees, meet up at 3:30 pm sharp with members of [...]
President Barack Obama spoke to a group of business executives and elected officials before the House voted on the highly anticipated Stimulus Bill which contains an $825 billion Stimulus Plan. The President noted that seven of the largest corporations in the United States announced, this week, that they are making job cuts. Earlier, in a [...]