Randy Shaw: Now that cities offer walkable, bicycle-friendly, public transit-available neighborhoods with desirable restaurants and a high quality of life, the poor are being shunted to car-dependent suburban areas in economic decline.
Robert Reich: The fact is, global corporations have no allegiance to any country; their only objective is to make as much money as possible — and play off one country against another to keep their taxes down and subsidies up.
Julie Driscoll: Students and their parents’ only hope is Elizabeth Warren and Sherrod Brown, two Democratic Senators who have the cojones to take on big banks, Wall Street, and the powers that be.
Berry Craig: Called the “Ride for Respect,” the demonstration at Walmart corporate headquarters in Bentonville, Arkansas, will be modeled on civil rights volunteers who rode buses into the South in the 1960s to protest Jim Crow racial injustice.
Brent Budowsky: Ryan famously tried to employ Catholic theology on behalf of his budget austerity against the poor, and was quickly forced to retreat as the absurdity of this view became obvious.
Richard Eskow: Simpson and Bowles, those two hired pitchmen for budget-cutting hysteria, are still hawking an economy-killing product called “austerity economics,” a product that’s designed to benefit their wealthy patrons at everybody else’s expense.
Randy Shaw: While progressives debate whether President Obama could have used his “bully pulpit” to overcome GOP opposition to reviving the nation’s economy, let’s accept that in 2013-14 activists can more effectively address economic justice measures at the state level.
RJ Eskow: Will Kamala Harris hang tough in her new lawsuit against JPMorgan Chase, the first to target individual bankers accused of defrauding the public? If so, it would be the first time in five years that executives at a major bank have personally paid a price for their misdeeds.
ecently, news reporters have been sounding almost giddy, saying that unemployment is dropping, housing prices are rising and the stock market is growing to new highs. But, these reports do not ring true with what people see around them. When you look beyond the sunny headlines, the sad reality is mirage recovery. The economy is limping […]
Robert Reich: When Republicans can’t directly repeal laws they don’t like, they repeal them indirectly by hollowing them out — denying funds to fully implement them, and reducing funds to enforce them.
Jamala Rogers: The Congressional Budget Office estimates sequestration will cost around 750,000 jobs in total. Economic experts project a huge, negative impact on the economy. Once again, Congress proves that it knows nothing about job creation or economic development.
Richard Eskow: So, yes, repeal the sequester. Repeal deficit babble, from the President or anyone else. Repeal the Visigoth Party’s right to ruin the economy. And repeal Tom Friedman too, just on general principle.
Ellen Brown: A crisis in a major nation such as Spain or Italy could lead to a chain of defaults beyond anyone’s control, and beyond the ability of federal deposit insurance schemes to reimburse depositors.