Working Life

   I’m about to dash off to a protest at the main postal office here in Manhattan for a Tax Day demonstration sponsored by US Uncut, the NY chapter of the Coffee Party and assorted other malcontents like me. In that spirit, I thought it worth leaving us with this list of the corporate tax […]

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Putting aside the larger argument for the moment about whether we–the taxpayers–should have stepped into to save failing institutions, it is pretty clear now that what we also did was just give a nice new revenue stream for banks that did not need the money but figured, heck, why not get our taste from the […]

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   The man is a hero.    See my Facebook posts to follow his day-long lecture on the foolishness of the tax cut deal.

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The secret money flowing into organizations trying to buy the November election for the Republican Party is motivated by a simple idea: greed. Sure, there is some rhetoric about "smaller government" and ranting about the evils of national health care. But, at the end of the day, it’s about extremely rich people never having enough. […]

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   This past Friday, I wrote that the financial powers were winning the debate on Capitol Hill. Today, another victory for those powers: The Senate on Tuesday voted unanimously to require a one-time audit of the Federal Reserve’s emergency actions during and after the 2008 financial crisis as part of broad legislation overhauling the nation’s […]

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   The forces trying to instill some rollback of the power of the financial elites suffered two defeats yesterday. First, Bernie Sanders’ amendment to bring more scrutiny to the Fed was watered down. Where did the pressure come from to let the Fed continue to operate in the same way it did before the crisis–a […]

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   It may seem relatively small but there will be an excellent window through which to view the president’s future intentions: will he be for the people or for the financial interests? Many people have already made up their minds–for good reason. But, this will be a moment–will the Administration veto the financial reform bill […]

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   This should pass: An amendment sponsored by the independent senator from Vermont to require Federal Reserve audits is gaining momentum, powered by a coalition of activists on the left and right who are taking aim at the financial establishment for its role in the economic collapse. Mr. Sanders’s amendment, which is likely to be […]

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   The healthcare bill is a mess–it won’t cover all Americans at affordable costs and it will hand insurance companies tens of billions of dollars in new profits, the hard-earned wages of working people who are already stressed out financially.    The only ray of light down the road to fix this, if you just […]

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