Julie Driscoll: In the “real people” world (not the “corporations are people” world, but the people people world), running up debt prior to filing for bankruptcy would likely be considered fraud.
How Democrats Exploit Occupy
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Ann Robertson and Bill Leumer: The 99% Spring is the latest effort by those close to the Democrats to take advantage of Occupy, but the results were less than spectacular.
A Corporate Versus a People’s City Budget
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Shamus Cooke: Portland is simply following a national trend on a city, state, and federal level where Democrats and Republicans have agreed that taxing the wealthy and corporations must not be an option in addressing the social crisis that resulted from the Great Recession, regardless of the vast inequality of wealth that has erupted over the last 30 years.
Portantino’s Staff Turning Lemons into Lemonade
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Faced with the unprecedented closure of the 44th State Assembly offices, Assemblymember Anthony Portantino’s staff has decided to turn a bad situation into a great opportunity.
Crunch Time for Public Sector Unions
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Shamus Cooke: Public sector unions must mobilize their members and the community they serve to fight back. They have no other choice if they are to remain powerful or even relevant.
Stephen Box: Balancing Budgets on Labor’s Back
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Stephen Box: The City of Los Angeles is experiencing a Crisis of Leadership, one where the people of Los Angeles are being asked to pay more for less and the people who deliver the city services are being treated as if they are expendable. They’re not.
The Winds of Deflation
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Robert Reich: Consumers aren’t buying. They’re acting rationally. They’re worried about keeping their jobs, and they’re justifiably worried about the future.
A Hoop Dream, Politics & the Long Reach of High Tech Money
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Carl Bloice: Capitalism hasn’t gone away and internet technology hasn’t fundamentally changed its nature. The growing wealth inequality is as present in the lands just south of San Francisco as it is in the country as a whole.
Creative Cuts, New Concepts for LA’s Schools
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Alfee Enciso: Ask any teacher in the Los Angeles Unified School District if they would rather take a pay cut in the guise of furlough days or have five more students in their classes next year. Without a doubt, the latter would be the choice for the majority of our classroom instructors in LAUSD.
Student Protests and the Threat to Public Education
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Carl Bloice: Why can a naton and a government that can raise $1 million each to send young men and women to fight in Iraq and Afghanistan not find the resources to adequately educate young people here at home?
Employers Take Beating Laying Off Employees
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Sherwood Ross: As millions of Americans have been fired by employers struggling to remain profitable, we have all borne witness to Corporate America’s calloused disregard of its workers. Now, canny business economists claim the layoffs have hurt employers, too.
Putting a Smiley Face on the Job Picture Can’t Evade the Growing Tragedy
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Michael T. Darda, chief economist at the research and trading firm MKM Partners, probably summed up last week’s message from Washington best, telling the New York Times, “Less bad is always a prelude to good.” The things one learns. We are being asked to believe that the results of the “stress tests” were “not as [...]
States’ Budget Crises: Share the Pain, Share the Dough
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by Carl Bloice – It’s probable that by the time this is read, officials in San Jose, California, will have eliminated athletic programs from all 11 of the city’s high schools. It might not seem like much to some, given the declining economic situation in the country and the kinds of budget cuts being made [...]
Are We Courting a Populist Backlash?
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by Robert Reich – The government is doing a lousy job helping distressed homeowners. And according to John Dugan, the Comptroller of the Currency, the little that’s been done has had surprisingly little effect. Nearly 36 percent of homeowners holding mortgages whose terms were adjusted to give them more leeway defaulted on payments within three [...]
Slavery, American Style, Must Go!
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Who says there are no slaves in America? The greatest domestic issue facing President-elect Obama is not the bailout of the bankers and insurers but the task of lifting tens of millions of hard-working American wage-slaves out of dire poverty. These are the folks who hold one – and sometimes two or even three – [...]
Prescription for an “Ailing” Industry: Take It Over
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by Carl Bloice – It is hemorrhaging fast and no end to the blood-letting seems to be in sight. No question, something has to be done about the auto industry. But what?
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