Joseph Palermo: With new evidence mounting each day that the system is as broken as it was before the meltdown of September 2008 and will likely require another colossal taxpayer bailout at some point, the public might be able to compel even the isolated 1 percenters among Washington’s policy elite to take heed.
Robert Reich: Let’s also stop hoping Wall Street will mend itself. What just happened at J.P. Morgan reveals how fragile and opaque the banking system continues to be.
t’s an old saw that the Vietnam War was ended not by protests on college campuses, as dramatic as they were, nor when the political elites in the nation’s capital stopped playing with dominoes. Rather, it was only when the war’s relentless horror and pointlessness became the main topic of conversation at Rudy and June’s […]
Cheryl Aichele: Rodriguez asserts that in addition to the threat against Marroquin, Redy used high-pressure tactics to get her sign away her Rights.
Shamus Cooke: Those who caused the recession — Wall Street, the big banks and corporations — must be made to pay for it. The broader population can achieve this goal only if it is united and acts collectively.
Robert Reich: The answer is to reform capitalism. The world’s productivity revolution is outpacing the political will of rich societies to fairly distribute its benefits.
Cheryl Aichele: Occupy Activists aim to highlight the fraudulent ways in which the nation’s largest mortgage servicer forecloses on millions of innocent families.
Robert Reich: @idening inequality is the underlying culprit. As long as almost all the gains from economic growth continue to go to the top, the vast middle class doesn’t have the purchasing power to boost the economy on its own.
Randy Shaw: The United States has the most homeless persons, and the most families living in unaffordable and/or unsuitable housing in the industrialized world, and yet their plight –even when linked to a major political news hook – is not deemed newsworthy.
Robert Reich: Most of the gains from the productivity revolution are going to the owners of capital, while typical workers are either unemployed or underemployed, or else getting wages and benefits whose real value continues to drop.
Charles Hayes: American history shows beyond a doubt that our health as a nation is dependent in large part on a vibrant middle class. Extreme inequality severely weakens our economic foundation.
Brent Budowsky: The increasingly likely victory of Francois Hollande in the French presidential election would be the shot for economic justice and jobs that will be heard around the world.
Robert Reich: Republicans have become the U.S. party of Angela Merkel, demanding and getting spending cuts at the worst possible time – and ignoring the economic and social consequences.