Wall Street Agitates for Social Security Cuts

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Richard “RJ” Eskow: On the same day that Goldman Sach’s CEO issued his “balanced” demand for Social Security and Medicare cuts, a Wall Street-funded group published a poll precisely reflecting the wishes of Goldman Sach’s CEO. Coincidence? I report, you decide.

Social Security Garnished for Student Debts

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Ellen Brown: Congress has removed nearly every consumer protection from student loans, including not only standard bankruptcy protections, statutes of limitations, and truth in lending requirements, but protection from usury.

What to Do with the Anti-Government Outrage

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Adam Eran: The real outrage is that private banks receive far more money than any social safety net program would need, but the proposed cuts impact only safety net programs.

Does Welfare Work?

Domestic Worker

Ron Wolff: If social welfare programs work, then countries with more extensive programs should report a smaller percent of their population living in poverty. And that is exactly what we find.

The New Deal and the New New Deal: Countering Conservative Claptrap

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The stock market reached a six-year low today. Why? Some blame loose talk (including that of former Fed Chair Alan Greenspan) about nationalizing the nation’s banks. Others blame Obama’s new plan for helping homeowners who may not be able to pay their mortgages. But the real culprit is the accelerating decline in aggregate demand — [...]

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