Why Inequality Matters

lawrnence strike 1912

Ann Robertson and Bill Leumer: The only alternative available to working people that offers real prospects for success are mass mobilizations in the streets and strikes – the kind of militant struggles that scored so many gains in the 1930s.

Foreclosure Paperwork Scandal

Marian Wang: Though foreclosures continue to speed through courts in some states, in recent months some judges have increasingly questioned banks bringing foreclosure cases in court, forcing them to prove their legal standing to foreclose.

Serious Tax Problems

drinking

Tom Degan: The debt that the United States has incurred in the last ten years is now at a level where it’s probably insurmountable. The only solution (and that’s assuming there is a viable solution) will involve taxes – decades of serious taxation.

The Myth of the Overtaxed Europeans

Comedy Congress

Steven Hill: In return for their taxes, Europeans get valuable support systems like childcare, senior care, university tuition and healthcare. Americans must pay exorbitantly, out-of-pocket, for these support services often going without because the cost is prohibitive.

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 Perfect Storm

plutocrat

Robert Reich: The perfect storm: An unprecedented concentration of income and wealth at the top; a record amount of secret money flooding our democracy; and a public becoming increasingly angry and cynical about a government that’s raising its taxes, reducing its services, and unable to get it back to work.

Discouraging News

Ron Wolff: So, will someone please explain to me how CEOs getting wealthy and average workers being cheated out of hard-earned wages is part of the American dream?

Republican Economics as Social Darwinism

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Robert Reich: John Boehner, the Republican House leader who will become Speaker if Democrats lose control of the House in the upcoming midterms, recently offered his solution to the current economic crisis: “Liquidate labor, liquidate stocks, liquidate the farmer, liquidate real estate. It will purge the rottenness out of the system. People will work harder, lead a more moral life.”

The Politics of Taxes

republican tax cuts

Tracy Emblem: Bush Tax cuts have conferred the most benefits, by far, on the highest-income households – those least in need of additional resources – at a time when income already is exceptionally concentrated at the top of the income spectrum.

Investing in Our Future

World crisis. Europe view.

Rep. Pete Stark: The idea of a financial speculation tax is getting consideration in many corners of the world, and not a moment too soon. When the UN Summit kicks off next week, an international financial speculation tax to fund the Millennium Development Goals should be at the top of the agenda.

Slash Social Security? No – Double It

ss check

Steven Hill: Social Security Plus would provide a stable, secure retirement for every American and contribute greatly toward a solid foundation from which to build a strong and vibrant 21st century U.S. economy.

The California Budget Mess Backstory

oil addiction

Adam Eran: So the origin of California’s tax reductions, and even its current budget deficit, is arguably oil price inflation. If we want a stable economy, and government without deficits, we need to stop kidding ourselves that spending is a the root our budget problems, and attend to our energy addiction.

Checks and Balances, Part II

fat cats

Ron Wolff: Here I reveal how a coalition of sub-populations cutting in an entirely different direction (connecting selected people with powerful segments of government) can become destabilizing — possibly even undemocratic (dare I say dictatorial?).

Watch “Deficit Hawks” Rush to Defend Pentagon Bloat

robert gates

Randy Shaw: The Republican Party and Democratic so-called “deficit hawks” attack any proposed defense cuts as “job killers.” Yet this alliance refused to save the jobs of hundreds of thousands of teachers, and have backed tax and spending policies that have cost the nation millions of jobs in recent years.

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