Posted on 11 October 2011. Tags: Beyond May 12th, Billionaires, David Koch, Financial Crisis, Greed, Howard Millstein, Jamie Dimon, Job Party, John Paulson, New York, Occupy Wall Street, Rupert Murdoch
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 […]
Read the full story
Posted in General Interest
Posted on 04 August 2011. Tags: Consumer Spending, Corporate Welfare, Debt, Deficit, Economic Growth, Job Party, Jobs, Unemployment
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 […]
Read the full story
Posted in General Interest
Posted on 02 June 2011. Tags: Corporate Greed, Corporate Profits, Depression, Employment, Job Party, Jobs
The bad news will keep pulverizing your grey cells: housing prices sliding, stock markets weak, bond yields in the toilet, the dollar down (which I actually have argued is a good thing)… But, do not make the mistake of thinking that means that companies are lacking for money. Nope. Times are […]
Read the full story
Posted in General Interest
Posted on 31 May 2011. Tags: Crisis, Depression, Employment, Job Party, Jobs, Middle Class, Minimum Wage, Unions, Wages
Over the next 18 months, brace yourself for a lot of hand-wringing about the economic crisis we’re in. Every so often, we’re going to be told the "recovery" is just around the corner. Oh, let’s be clear: the worries will have NOTHING to do with what is actually happening to PEOPLE. It will have […]
Read the full story
Posted in General Interest
Posted on 27 May 2011. Tags: AgriBusiness, Corporate Welfare, Debt, Deficits, Drug Companies, Financial Transactions Taxes, Gas, Hysteria, J-35 Fighter, Job Party, medicare, Military Spending, Nonsense, Oil, Single Payer, Taxes, Wall Street, Weapons
Yesterday, Bill Clinton foolishly called on the country to use the bank robber Willie Sutton’s maxim to address the debt "crisis" (which, in my opinion, is a phony crisis) by going where the money is. Foolish because Clinton pointed the finger at entitlements. But, the real place where the money is lies with […]
Read the full story
Posted in General Interest
Posted on 24 February 2011. Tags: fox news, Job Party, New York, Public Workers, Rallies, Solidarity, Wisconsin
Yesterday, hundreds of activists from labor and the community poured into the streets outside FOX NEWS in Manhattan. Spearheaded by Job Party, chants from "Unions, Yes, Walker, No" to "FOX NEWS Lies" to "Workers Rights Are Human Rights" bounced off the Fox News Building. Ed Schultz stuck his head out the window from down the […]
Read the full story
Posted in General Interest
Posted on 08 January 2011. Tags: Crisis, Depression, Employment, Job Party, Jobs, Middle Class, Minimum Wage, Wages
It is still very grim out there for those people who want decent paying work. Not just a job–but a job that pays a fair wage. Today’s numbers make even more clear–we need a Job Party. I’ll talk about the Job Party a bit more. But, first, let’s look at the numbers: While the […]
Read the full story
Posted in General Interest