Working Life

   A little insight into the world of Verizon, the company attacking its workers not because it has to from a financial point of view but just because of greed. People need to make some connections. For example: Despite earning over $32.5 billion over the last 3 years, Verizon not only paid nothing in corporate […]

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   It is a sign of how truly leaderless we are, from Congress to the White House, that people are slobbering over a billionaire’s declaration that the rich should pay more in taxes. Well, duh.    But, let me be one voice who cautions, at the sight of so many puppies rolling over in joy […]

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   In the list of really annoying habits of the bi-partisan obsession with the phony debt and deficit "crisis" is the inability, or the ideological desire to willfully refuse, to do simple math. Because if you did simple math, then, you cannot be FOR cheaper government without being FOR single-payer health care. Put another way, […]

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   There are days when I would just rather be a sports reporter. Today is one of those days. Sports news repeats itself–but every day there is a new twist. Scores may be the same–but how a baseball game ended up 3-2 will always have a different make-up.     Not politics, though–or at least the […]

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  This is a post simply suggesting we ponder what it means to live in a conflicted, grey world. Yeah, I hate that. It would be nice if everything was clear cut. But, it isn’t. Especially for people who are trying to survive in a corrupt economic system.   On the one hand, I am […]

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   This is a bit late and dumb: The Senate Banking Committee has started gathering information for what could become a hearing on the ratings agency Standard & Poor’s, a committee aide said Monday.    I mean, c’mon. As I wrote yesterday, S&P is a tiny cog in the corrupt economic system. You want to […]

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    I am perplexed by the storm of criticism leveled at Standard & Poor’s. Don’t get me wrong–that S&P, or any of the ratings agencies, is even taken seriously is a monumental farce, given their role in the financial crisis.   But, we’re missing the point:   It is a mistake to solely blame the […]

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   Many of us have been troubled that bankers and financiers have gotten off and paid no price for the financial crisis that obliterated millions of jobs and trillions of dollars in wealth–and, indeed, the CEOs and Wall Street folks are reaping huge pay packages again. The slaps on the wrist for Goldman Sachs and […]

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   To return to my theme of "numbers are a bitch"…here is one to chew on: $1.3 trillion. It’s a gap–a BIG gap…and in that number is part of the story of the crisis we’re in.   At this point, after checking in with my colleague and friend Dean Baker, the Gross Domestic Product is […]

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    Sometimes numbers are a bitch. Because they expose ugly truths that we either choose to ignore or don’t understand. We better get this one straight in the next few months or the bi-partisan cuts just shoved down the throats of the American people will pale in comparison to what will come post 2012.    […]

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