Robert Reich: We’ll avoid a double-dip, but the most likely scenario in coming months is a continuation of the same – an anemic jobs recovery.
Robert Reich: The Romney-Ryan plan, by the way, is the most radical reverse-Robin Hood proposal propounded by any political party in modern America.
Charles Hayes: Any country that cannot generate enough goodwill to see that everyone has access to adequate medical care should be embarrassed to refer to itself as the greatest country on earth.
Robert Reich: In the most recent Mega Millions game – whose winning tickets were drawn last week and whose jackpot rose to $640 million – lottery ticket buyers shelled out some $1.5 billion, most of which went to state governments.
Ellen Brown: Even the world’s most resource-rich country has now been caught in the debt trap. Its once-proud government programs are being subjected to radical budget cuts—cuts that could have been avoided if the government had not quit borrowing from its own central bank in the 1970s.
Robert Reich: The reverse-Robin Hood budget plan just announced by Paul Ryan and House Republicans (and endorsed by Mitt Romney) would make the lopsidedness far worse – dramatically cutting taxes on the rich and slashing public services everyone else depends on.
Cheryl Aischele: Occupy Fights Foreclosures (OFF), a sub-committee of Occupy LA, joined neighbors in the South Adams community to help a widow who fell victim to foreclosure fraud by at least three companies.
Shamus Cooke: Portland is simply following a national trend on a city, state, and federal level where Democrats and Republicans have agreed that taxing the wealthy and corporations must not be an option in addressing the social crisis that resulted from the Great Recession, regardless of the vast inequality of wealth that has erupted over the last 30 years.
Bobbi Murray: When a retailer like Walmart–one that controls global supply chains and has perfected the art and science of inventory—moves in within blocks of the local mom-and-pop shops, it’s got its own centrifugal force.
Ellen Brown: The creation of credit has too long been delegated to a cadre of private middlemen who have flagrantly abused the privilege. We can avoid the derivatives trap by cutting out the middlemen and creating our own credit.
Robert Reich: It doesn’t even matter that the new Republican tax cut plan would probably raise taxes on many lower-income Americans, All that matters is the headlines.
John Peeler: The Republican attack on Obama over gas prices at the pump is quite a strange line of attack from people who are incessantly demanding a return to untrammeled free markets. Do they really want Obama to impose price controls?
Joseph Palermo: The amazing thing about Mr. Smith’s decision to break the code of omertà at Goldman was the fact that an employee existed there at all who was still capable of making a moral or ethical judgment and could even express something resembling remorse.