Working Life

    You may join me in the celebration of failure–a celebration I have been urging we look forward to for a very long time. Do not listen to the hand-wringing and whining about the implosion of the Catfood Commission II. This is a great thing. It is fabulous.    BUT…    Let us also pause, […]

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   If this is true, Obama is done: The parties are looking for ways to include smaller tax increases than Democrats had previously sought but more than Republicans want. In addition, Democrats last week proposed keeping upper-income tax rates at 35%, the level set in the Bush-era tax cuts.    And it’s absurd at the […]

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   Well, we didn’t really have to wait for the Congressional Budget Office to tell us this: the rich got richer. But, the timing is good, what with Rick Perry trying his snake oil salesman pitch for a flat tax, which would make the robbery grow, and the continued growth of the Occupy The Country […]

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   Jacqueline Siegel is the target audience Republicans–and too many Democrats–fear will be the awful victims of higher taxes on the wealthiest one percent. Join me as we shed tears together for the woes of the Siegels.  The ballroom: Jacqueline Siegel paces the floor of her unfinished 7,200-square-foot ballroom. The former beauty queen, with platinum-blond […]

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    You want a reason for the uprisings in Greece, where workers are on strike to protest the brutal austerity measures, or OccupyWallStreet or the revolutions in Egypt and Tunisia fanned by the deep unemployment? Or are you looking for a reason people don’t believe the economy is getting better even when "growth" seems to […]

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    It’s a head-scratcher–to some. Wealth has been created globally but, somehow, a suffocating blanket of austerity is embracing the world. But it would be no surprise to the people in the streets in Greece or to the millions of people here who cannot find work to read the headline in the left-wing, socialist rag…Financial […]

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    There is a pretty damning article in today’s Financial Times, probably the planet’s leading English language business daily. The upshot: unless we spark a major revolution, the majority of the world people are truly screwed. Here is the lead paragraph: Nearly three years after the start of the economic crisis, a new spectre is […]

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     A crisis is a great time for the richest in the world. When you have a lot of money, it’s a buy, buy, buy atmosphere where you can make even more money from distressed assets or countries like Greece, who are forced by the financial mandarins into a "fire sale" of national assets to […]

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    It is a sad story to read, and a sad but powerful comment on who runs America. Rather than come to dinner with subpoenas and maybe even a few warrants for the arrest of the people who helped engineer the economic crisis we are still digging out of, the president is groveling–for campaign cash […]

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   Yesterday, I wrote about an appalling but typical example of how bi-partisan "debate" is really an argument taking place on one side, in this case King Cuomo’s immoral decision to attack workers’ pensions by regurgitating Republican talking points that the economic crisis we face is the fault of the middle-class, workers, unions, and a […]

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