Walter Moss: Nobel-Prize-winning economist Joseph Stiglitz’s The Price of Inequality: How Today’s Divided Society Endangers Our Future (2012) demonstrates how and why our present economy and government are a mess and how they have increased inequality, including widening the opportunity gap.
Robert Reich: We’re now witnessing what happens when all of the economic gains go to the top, and the rest of the population doesn’t have enough purchasing power to keep the economy going.
Mark Vorpahl: This latest budget crisis poses the question of “who do Portland’s elected leaders serve, the city’s majority of working class communities or big business and the wealthy?” So far, while the 99% have been suffering with all the belt tightening, Portland’s 1% have been left to grow fat.
RJ Eskow: Today’s new corporate-sponsored cost-cutting craze is merely the latest policy designed to enrich a powerful few at the expense of the many, and today’s anti-tax agenda is being used to make sure it succeeds.
Carl Bloice: The Congressional Progressive Caucus budget that is far more sensible and humane than anything the White House is proposing. But since the “serious” people in Washington don’t cotton to it, the serious mainstream media won’t give it the time of day.
Ellen Brown: “Too big to fail” now trumps all. Rather than banks being put into bankruptcy to salvage the deposits of their customers, the customers will be put into bankruptcy to save the banks.
Steven Hill: The White House says its 2014 budget will propose cuts to the retirement program. Not only is that unnecessary, the U.S. could and should expand it.
Brent Budowsky: Obama needs to contemplate the possibility that his legacy will be “the jobless president.” He should fight to become “the jobs president.”
Ellen Brown: When Americans realize that the alternative is to have their ready cash transformed into “bank stock” of questionable marketability, moving failed mega-banks into the public sector may start to have more appeal.
Peter Laarman: The very wealthiest Americans, whose share of income and wealth has shot up astronomically for the past 25 years, have somehow gotten a huge number of other Americans to buy into the idea that there isn’t enough money. And that therefore we should cut lifeline benefits that go to poor children and sick people and old people and veterans.
Rich Broderick: Pope Francis should ask himself, what would Jesus say and do — what would the new Pope say and do if he were to act upon Church teachings — in response to Paul Ryan’s mendaciously entitled “Pathway to Prosperity” budget proposal?
Ellen Brown: The push to confiscate the savings of hard-working Cypriot citizens is a shot across the bow for every working person in the world, a wake-up call to the perils of a system in which tiny cadres of elites call the shots and the rest of us pay the price.
Brent Budowsky: Senate Republicans are on the brink of launching a filibuster against the nomination of Richard Cordray to lead the new consumer agency that will could propel Sen. Elizabeth Warren to a national stature from the Senate reminiscent of Robert F. Kennedy.