Working Life

     Earlier today, I wrote about John Boehner’s very loose connection to the actual facts of our economic crisis. Well, in the meantime, Boehner is in trouble with the facts and a whole bunch of Catholic professors. To wit: More than 75 professors at Catholic University and other prominent Catholic colleges have written a […]

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   Rhetoric is a good thing–except when you have the facts wrong. And, boy, the relentless, daily idiocy spewed out of the mouths of our elected officials about the economic crisis is astonishing. Consider, this morning, Speaker of the House John Boehner. Two days ago, Boehner gave a speech to the Economic Club of New […]

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    Do not get distracted by the claims by people who want your vote. Nothing has changed. The robbery of the wealth of the country continues. And the rhetoric aiding and abetting the robbery is going to get ramped up around corporate tax cuts.     Let’s start with the hardship sweeping the country…It’s been a […]

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    Earlier today I wrote about the plan by the European Commission to launch an anti-trust investigation into the credit default swaps market. I thought I was done for the day but now comes word that our own government appears to be going the other way: weakening important rules for derivatives that were part of […]

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   No one should be surprised that the rich are doing quite well. We’ve lived through at least a thirty-year robbery of the wealth of the nation. But, it’s worth digging into some of the numbers to get to this point: the divide between the rich and the rest of us has never been this […]

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   This is a story that cannot be retold enough and updated enough because it highlights, as much as any trend, how nothing has changed. The people suffer–while CEO pay continues to go up. The robbery continues unabated.     Let’s start with the hospital sector. In New York, and I would suspect everywhere else […]

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     Forget the criminals on Wall Street. What is more telling, troubling and almost bizarre is how quickly the chattering classes and political power brokers have shaken off the stain of the financial crisis, inviting back to center stage some of the very people responsible for destroying trillions of dollars in wealth and costing millions […]

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    We have a real problem in the debate about pensions that is very closely connected to the financial implosion we’re still trying to dig our way out of: the criminals and fools on Wall Street are hiding and avoiding prosecution, or at the very least, they are managing to keep their jobs despite their […]

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   You’ve heard (and, in some cases, unfortunately, been persuaded) that "generous" pensions given to public employees has caused great deficits in pensions and state budgets. It’s nonsense. And here are the facts to prove it.    The Center for Economic and Policy Research has a very important study out. It must be given wide […]

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Yes, to get back to some sane, healthy economic strategy we have to confront the Wall Street/Robert Rubins of the world, the corruption of the electoral system and a whole set of adversaries. But, I would put at the top of the list the false framing of the choices before us as a nation, and […]

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