Pulling Back the Curtain on the Wall Street Money Machine

money brain

Ellen Brown: We are indentured to a Wall Street money machine that creates our money and lends it back to us at interest, money our sovereign government could be creating itself, with full democratic oversight and accountability to the people.

The Federal Reserve Bank – National Day of Protest

Occupy LA Mural

Of the Federal Reserve Bank, Wikipedia says, The twelve Federal Reserve Banks form a major part of the Federal Reserve System, the central banking system of the United States. The twelve federal reserve banks together divide the nation into twelve Federal Reserve Districts, the twelve banking districts created by the Federal Reserve Act of 1913.[1] [...]

Supercommittee Sins

supercommittee

Brent Budowsky: The sin of the supercommittee is that it has merely mirrored the old-think politics it was created to rise above.

Time for an Economic Bill of Rights

america's economy

Ellen Brown: What was sufficient for a simple agrarian economy does not provide an adequate framework for freedom and democracy today. We need an Economic Bill of Rights, and we need to end the privatization of the national currency.

A Jubilee for Student Debt?

student loan debt

Ellen Brown: Eliminating, reducing, or deferring student loan debt will free up the budgets of millions of students, allowing them to spend more on goods and services, increasing demand and creating jobs, and adding to tax revenues.

Inflation — Fighting the Last War

pat-toomey-wide

Steven Conn: For thirty years inflation has not been a serious threat to the American economy, yet politicians and pundits continually fret about it. The never-ending worry about inflation is like fighting the last war rather than the current one. What’s needed today is a war on unemployment and wage stagnation, not inflation.

Let’s Hope for Continued Fiscal Gridlock

starve the beast

Ivan Eland: The good news is that if the committee can’t reach an agreement on the fiscal changes, or if Congress rejects its work, defense (including homeland security) and domestic programs have to take equal cuts.

Don’t Fall for GOP “Budget Crisis” Lie

tea party trip

Robert Reich: Republicans are using what would otherwise be a routine, legally technical vote to raise the debt limit as a means of holding the nation hostage to their own political goal of shrinking the size of the federal government.

Americans Elect?

gene mccarthy

John Peeler: Disillusioned liberals ought to know that if this effort takes off, it is very likely to siphon votes away from Obama and facilitate a complete Republican takeover of the federal government.

More Truth About the American Economy

economy-wide

Robert Reich: Democrats are behaving as if they’re powerless to affect the economy even though a Democrat occupies the White House and his appointees run the federal government.

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Jobs: An Angry Dissent

jobless in america

Brent Budowsky: Never before in American history has unemployment been so high, yet neither the president nor Congress pushes for a major jobs bill.

The Forgotten Jobless and Our Future

labor strike

Mark Vorpahl: As in the 1930s, today we must organize in a way that creates unity between the employed and unemployed. To start, we can organize the largest possible union-led demonstrations to realize this unity in the streets.

The American Dream

american dream

Tom Degan: This, I believe, is one of the most important and educational films ever made. It explains in terms easy to understand (and with brilliant satirical insight) what has happened to this once-great nation, and why we all need to stand up and take it back.

Who Is Behind the Deficit Crisis

tax breaks

Shamus Cooke: Unless labor and community groups massively mobilize working people in fighting for a pro-worker solution to the deficit crisis, austerity measures — like reducing Social Security and Medicare — will be forced upon us.

The Republican Recipe for An Anemic Economy Through Election Day 2012

john boehner

Robert Reich: The real message from voters was “Fix this stinking economy.” But Republicans have no intention of doing so. With Republicans in control of the House, forget spending increases or tax cuts to stimulate the economy.

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