Richard Wolff: Governors in the US now increasingly attack state employees, their unions and pensions as if they, rather than the crisis, had suddenly become the economic problem.
Gene Rothman: Perhaps the most problematic and explosive issue facing the Democrats is where the issues of race and class intersect.
Ellen Brown: If governments are recalling their sovereign powers, they might start with the power to create money, which was usurped by private interests while the people were asleep at the wheel.
RJ Eskow: The Indiana Toll Road is more than a highway. It is an infinite loop through the neoliberal world order, the mirror of a recursive economy in which every step toward corporatization creates more hardship – and every increase in hardship calls for more corporatization.
Melissa Goodman: If you work at a California company with fewer than 50 employees -– and 40 percent of California workers do -– the paid family leave law does not prohibit your employer from firing you.
Robert Reich: The new work requirements haven’t reduced the number or percentage of Americans in poverty. They’ve just moved poor people from being unemployed and impoverished to being employed and impoverished.
RJ Eskow: They’ve cheated customers and defrauded investors. Now they want to use our legalized system of campaign-cash corruption to protect themselves from the very government which rescued them.
Robert Reich: Most of us will have less and less money to buy the dazzling array of products and services spawned by blockbuster technologies – because those same technologies will be supplanting our jobs and driving down our pay. We need a new economic model. ‘
Ellen Brown: The ECB will not accept Greek bonds as collateral for the central bank liquidity all banks need, until the new Syriza government accepts the very stringent austerity program imposed by the troika (the EU Commission, ECB and IMF).
Robert Reich: Most big American corporations have no particular allegiance to America. They don’t want Americans to have better wages. Their only allegiance and responsibility to their shareholders — which often requires lower wages to fuel larger profits and higher share prices.
John Peeler: The only way our economy can produce equal opportunity for every person is through a systematic policy of redistributing wealth from the rich to the unrich. Our failure to do that in recent decades has put us on the road to plutocracy.
Ellen Brown: The fliers touted new ballfields, science labs and modern classrooms. They didn’t mention the crushing debt or the investment bank that stood to make millions.
John Peeler: We had, from the 1930s through the 1970s, a thriving middle class of a size and strength that had no precedent, thanks to political struggles that led to government policies to redistribute the wealth.