Charley James: First they came for the working poor. Then they came for the lower middle class. Now, they are after the middle and upper middle classes. Next, they’ll come for the … 98-percenters.
David Love: The problem is that the United States is falling apart. It has become a Third World country. Record numbers of people are unemployed.
Robert Reich: A record number of Americans is unemployed for a record length of time. This is a national tragedy. It is to the nation’s credit that many are receiving unemployment benefits. This is good not only for them and their families but also for the economy as a whole, because it allows them to spend and thereby keep others in jobs.
The education bubble is going to burst. It has to happen. On a daily basis, we hear about the bursting of the housing bubble. Housing values were over inflated. Millions of people found themselves with mortgages they could not afford to pay—whether through hard times and job loss, racial profiling and predatory lending by unscrupulous, [...]