Heather Seggel: When your work doesn’t demand a physical address and you’ve lost social contacts and the web of connections they provide, it’s all too easy to find yourself hovering more or less nowhere.
Robert Reich: The real job creators are members of America’s vast middle class and the poor, whose purchases cause businesses to expand and invest.
Ellen Brown: Municipal bonds have been eliminated from the list of high-quality liquid collateral assets, so banks are liable to start dumping them in favor of the Treasuries and corporate bonds.
RJ Eskow: Their instinct seems to be to trumpet what’s right about the economy instead. But that message won’t resonate when economic conditions are so miserable for so many people.
Veronica An: Although cause-related marketing brings attention to important issues, it risks trivializing problems and posing consumerism as a solution.
Ellen Brown: When an article appears in Foreign Affairs, the mouthpiece of the policy-setting Council on Foreign Relations, recommending that the Federal Reserve do a money drop directly on the 99%, you know the central bank must be down to its last bullet.
RJ Eskow: The actual rate paid by American corporations, once they’re done applying all the loopholes their lobbyists in Washington have designed, their actual rate is at the low end of the global tax spectrum – and this at a time when many corporations are achieving record-breaking profits.
RJ Eskow: Expanding the ACA’s executive-pay provision to all companies, and improving its design even more, would begin the process of removing incentives for senior executives to put their companies at risk and disregard the needs of employees and customers.
RJ Eskow: We need to start thinking about our nation’s “economies,” of which there are at least two. There is the one that is inhabited by corporations, the wealthy, and the investor class. Call that one the “elite economy.” Then there’s the other economy, the one where most of us live.
Ellen Brown: For governments to escape the austerity trap, they need to spend not less but more money on the tangible capital formation that increases physical productivity. But where to get the investment money without getting sucked into the debt vortex?
Paul Tepper and Paulina Gonzalez: About $19 million goes annually to pay bank and ATM fees, rather than to help parents pay for their kids’ needs like co-pays for medicine, school supplies, heating bills, or transportation to work and school.
Teka-Lark Fleming: Ferguson is a microcosm of the system of institutional nationwide oppression that has been bought by corporate America.
Ellen Brown: Argentina has now taken the US to The Hague for blocking the country’s 2005 settlement with the bulk of its creditors. The issue underscores the need for an international mechanism for nations to go bankrupt. Better yet would be a sustainable global monetary scheme that avoids the need for sovereign bankruptcy.