Julie Driscoll: In the “real people” world (not the “corporations are people” world, but the people people world), running up debt prior to filing for bankruptcy would likely be considered fraud.
Ann Robertson and Bill Leumer: The 99% Spring is the latest effort by those close to the Democrats to take advantage of Occupy, but the results were less than spectacular.
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.
Faced with the unprecedented closure of the 44th State Assembly offices, Assemblymember Anthony Portantino’s staff has decided to turn a bad situation into a great opportunity.
Shamus Cooke: It should be painfully clear to even the most reality-blind politicians that the private sector has no interest in creating jobs; they are quite content sitting on their mountains of cash until wages fall low enough — due to massive unemployment — for them to hire more labor.
Shamus Cooke: Public sector unions must mobilize their members and the community they serve to fight back. They have no other choice if they are to remain powerful or even relevant.
Stephen Box: The City of Los Angeles is experiencing a Crisis of Leadership, one where the people of Los Angeles are being asked to pay more for less and the people who deliver the city services are being treated as if they are expendable. They’re not.
Robert Reich: Consumers aren’t buying. They’re acting rationally. They’re worried about keeping their jobs, and they’re justifiably worried about the future.
Carl Bloice: Capitalism hasn’t gone away and internet technology hasn’t fundamentally changed its nature. The growing wealth inequality is as present in the lands just south of San Francisco as it is in the country as a whole.
Alfee Enciso: Ask any teacher in the Los Angeles Unified School District if they would rather take a pay cut in the guise of furlough days or have five more students in their classes next year. Without a doubt, the latter would be the choice for the majority of our classroom instructors in LAUSD.
Carl Bloice: Why can a naton and a government that can raise $1 million each to send young men and women to fight in Iraq and Afghanistan not find the resources to adequately educate young people here at home?
Sherwood Ross: As millions of Americans have been fired by employers struggling to remain profitable, we have all borne witness to Corporate America’s calloused disregard of its workers. Now, canny business economists claim the layoffs have hurt employers, too.
Michael T. Darda, chief economist at the research and trading firm MKM Partners, probably summed up last week’s message from Washington best, telling the New York Times, “Less bad is always a prelude to good.” The things one learns. We are being asked to believe that the results of the “stress tests” were “not as […]