Working Life

   Happy Days are here again, folks–uh, for the corporate bottom line. The people: not so much. Profits are up big time: While the U.S. economy staggers through one of its slowest recoveries since the Great Depression, American companies are poised to report strong earnings for the second quarter—exposing a dichotomy between corporate performance and […]

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    Silly you. Bet you were confused, thinking that that extra money was hidden in your paycheck, a gift from those companies sitting on a trillion dollars in cash. C’mon, this is the United States of America where the only people who deserve more money are those that have plenty already: The CEOs of […]

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    Cut pensions. Cut pay. Layoff people for the almighty deficit-reduction obsession. And who cares if: Growth in the food stamp program continued in the U.S. — with 27 states providing benefits to at least 1 in 7 people. The number of food stamp recipients increased 0.1% in April, the most recent month available, compared […]

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    It’s a head-scratcher–to some. Wealth has been created globally but, somehow, a suffocating blanket of austerity is embracing the world. But it would be no surprise to the people in the streets in Greece or to the millions of people here who cannot find work to read the headline in the left-wing, socialist rag…Financial […]

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   Math is a pretty simple thing–except if you are an elected member of Congress engaging in misdirection, blaming the wrong people and a healthy dose of cognitive dissonance (which requires that you reconcile conflicting realities by blaming, justifying or denying the truth). Which brings us to: why do we have deficits? Well, at least […]

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    So, I remember from history books the great lessons learned from the Greeks, starting with democracy, no? Time to follow them again: Greeks walked off the job for 48 hours on Tuesday, a day before Parliament is to vote on unpopular austerity measures that are deemed critical to unlocking international financial support.    After […]

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    There is a pretty damning article in today’s Financial Times, probably the planet’s leading English language business daily. The upshot: unless we spark a major revolution, the majority of the world people are truly screwed. Here is the lead paragraph: Nearly three years after the start of the economic crisis, a new spectre is […]

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    Scott Walker is bringing his anti middle-class, union-busting act to New York City–and we can show him, on behalf of all Wisconsin workers and workers throughout the nation, that he is not welcome in New York City.  Walker is the featured speaker at a fundraiser for the Republican National Committee at the Sherry-Netherland Hotel–which […]

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This is just silly–but, unfortunately, not entirely surprising. Chuck Schumer has grabbed on to the idiotic idea of rewarding corporate America for tax dodging and stashing billions of dollars overseas. And the senior Senator is doing a huge flip-flop–one that is bad for the country. We’re talking about one of the worst ideas ever thought […]

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     A crisis is a great time for the richest in the world. When you have a lot of money, it’s a buy, buy, buy atmosphere where you can make even more money from distressed assets or countries like Greece, who are forced by the financial mandarins into a "fire sale" of national assets to […]

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