Posted on 28 January 2010. Tags: Oregon, Taxes
Rather than talk about deficit-reduction by cutting services, Oregonians are brave: Two ballot measures that would raise taxes on businesses and higher-income residents in Oregon appeared headed for approval late Tuesday. The tax increases, which would raise about $727 million largely for public education and social services, were approved last year by the Legislature, […]
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Posted in General Interest
Posted on 27 January 2010.
The Supreme Court recently determined that corporations are entitled to freedom of speech because they are legally persons. The ramifications of this decision, Citizens United v. Federal Elections Commission, cannot be overstated: it introduces an entirely new and untapped population into the dating pool. Chances are you’ve never dated a corporation before. But don’t be […]
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Posted in General Interest
Posted on 26 January 2010. Tags: Barack Obama, Deficits, Jobs, Morality
I wonder if you feel this way. We face the greatest emergency in our adult lifetimes. It’s not the deficit. It’s the reality that one in five Americans does not have decent paying work and that one in four children are on food stamps–in the richest nation in human history. That is a five-alarm […]
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Posted in General Interest
Posted on 26 January 2010. Tags: Goldman Sachs, Greed, public employees, Unions, Wages, Wall Street
Solidarity is one of the bedrock principles of the labor movement. It has a pretty sound strategic and tactical basis: you can’t win if your ranks are divided. I don’t mean that you can’t have debate. I mean that we have to support certain general principles. Here is an example: public employees are not to […]
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Posted in General Interest
Posted on 24 January 2010. Tags: American Idol, Ayla Brown, Boston Tea Party, Comedy News, glenn beckTeabagging, Martha Coakley, massachusetts, Massachusetts Senate Race, Scott Brown, Scott Brown Massachusetts, Scott Brown Vs Martha Coakley, Tea Party, Teabaggers
Scott Brown’s victory was a truly historic moment. For the first time in recent history, a senator-elect announced the dating status of his daughters: "For anyone watching around the country, they’re both available." Well, that’s not entirely true. "Arianna’s definitely not available," he said. "But Ayla is!" (Check out the video here) In all fairness, […]
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Posted in General Interest
Posted on 23 January 2010. Tags: Banks, Barack Obama, Ben Bernanke, Dean Baker, Reforms
Yesterday, the president announced that it was time for a new deal with banks: The tougher approach to financial regulation that President Obama outlined on Thursday reflected a changed political climate, the rebound in big banks’ fortunes after their taxpayer bailout and a shift in power within the administration away from those who had […]
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Posted on 22 January 2010. Tags: Investors, Populism, The Elite
A quote worth remembering: Pleasing the investor class is no longer a route to political success. Marx? Nope. A columnist for the Financial Times today. Hmmmm…
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Posted in General Interest
Posted on 21 January 2010. Tags: Democrats, Politics
Lesson from last night: if we had held accountable the Democrats who for the past 25 years did not act like Democrats–meaning, those people who were willing to engage in legalized corruption by pocketing corporate campaign cash, those people who voted for NAFTA and so-called "free trade" and those people who lost their voices […]
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Posted in General Interest
Posted on 20 January 2010. Tags: Banks, Financial Crisis, Tax
One reason people are angry–a sense that the elite still get away with what regular people can’t. You may not be able to deduct a penalty but the banks can (via The Financial Times): The planned new US levy on top financial institutions will be tax-deductible, a Treasury official told the Financial Times on […]
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Posted in General Interest
Posted on 19 January 2010. Tags: Banks, Barack Obama, Goldman Sachs, Greed, Tobin Tax, Wall Street
They robbed Americans of their future. They cost perhaps a generation of hard-working people a decent pay check. And they left millions of people with empty 401(k)s, with some seniors being booted from their retirement homes because there was no money left. And, yet, they still don’t get it–or maybe they truly don’t care. […]
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Posted in General Interest