Working Life

   Oh, those poor "job creators"…they just can’t get any respect–except from Republicans, and too many Democrats, who run around undercutting jobs programs because of some phony idea that taxing the wealthiest Americans will hurt jobs. Oooopppsss…nope… Embedded in the report out from the Congressional Research Service–which annoyingly doesn’t post reports publicly–which tell us this: […]

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   It’s a full-time job–actually, five full-time jobs–to keep track of how the economic elites screw working people. Just when everyone is excited–rightly so–about the demonstrations breaking out all over the country, in the back door slides more horror: Congress prepared Wednesday to pass free-trade agreements with South Korea, Colombia and Panama, showing unusual bipartisan […]

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That CEOs of American-based, flagless corporations will say, or do, anything to make a buck–and line their own pockets–is not a surprising notion. That our political leadership keeps buying the nonsense spewed out by the Chamber of Commerce and the other megaphones of corporate greed is a tragedy–an obvious result of the corrupt campaign finance […]

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    Occupy Wall Street has been a phenomenal awakening–and I have been proud to be a part of the non-sleepover (wimp…) outer ring of regular marchers. Tomorrow, c’mon out for another important phase in holding the economic Thieves Guild accountable–with a tour of the lairs of a few billionaires who hole up in Manhattan and […]

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    There is an incredible easy equation to make–both morally and financially. The one percent broke it now they need to fix it. And it all adds up, according to the Congressional Budget Office.   The math: The Democrats’ proposed tax on millionaires would raise an estimated $453 billion, more than enough to pay for […]

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   Sure, for humor, I turn to listen to Jon Stewart and Colbert. But, really, if you want the funniest laughs you have to mix in Republican leadership talking points. Seriously. Ah, yes, the "class warfare" inherent in Harry Reid’s proposal to apply a 5 percent surtax on millionaires. Except it isn’t so–not surprisingly–as the […]

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   Jammed in yesterday with the thousands of others of people in Foley Square, I turned to look at the crowd all around. I felt an incredible burst of optimism. I turned to one friend and said, "looks like the revolution will happen before I die." We laughed. I hope people hold on to the […]

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   Greeks have taken a big part of the brunt in Europe because of the preying on its country by banks and international institutions. Essentially, the failed strategy has been all about AUSTERITY: shrink the economy even more in return for not…plunging the economy even deeper.    The people in Greece have had enough–and they’ve […]

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   I have maintained for a long time that nothing is changing in the financial system–we are being left with the same basic game and the same people who are running the game. And, indeed, led by J.P. Morgan’s Jamie Dimon–who was, for a very long time, a go-to guy on Wall Street for the […]

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   You can smell the fear and the alarms going off–not by reading The Nation (snore…kick me when it has something new to say) or The New York Times, whose "economic" reporters, with one or two exceptions, are astonishingly dumb. For some real insights, look to the Financial Times and The Economist. And the message […]

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