*+-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.
*+-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.
*+-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.
*+-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.
*+-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 […]