by Dave Johnson | Oct 5, 2009 | Blog, Economy
Friday’s jobs report said 263,000 jobs were lost in September. BUT that is after 571,000 people gave up actively looking for work. The number of jobs lost last month was 263,000 plus 571,000 = 834,000. The "stimulus plan" is currently creating (and/or saving) between...
by Isaiah J. Poole | Oct 5, 2009 | Blog
For a stunning look at the heart of the dysfunction of our Wall Street-centric economy, consider today's article in The New York Times on the impending Chapter 11 bankruptcy of the Simmons mattress company. Simmons, as the article explains, is not bankrupt because it...
by Bill Scher | Oct 5, 2009 | Uncategorized
The daily Progressive Breakfast serves up what progressive movement members need to know to start the day. Uncertainty Precedes Senate Finance Cmte Vote Dem holdouts on Senate Finance make final vote uncertain. W. Post: "...Sens. Ron Wyden (D-Ore.) and John D....
by Sam Pizzigati | Oct 4, 2009 | Blog
An average American family would have to work thousands of years to amass a billion-dollar fortune. America's super rich, the new data on our richest 400 make clear, can lose a billion and barely notice. Tsunamis, we learned this past week, amount to equal-opportunity...
by Terrance Heath | Oct 2, 2009 | Blog
If I were to summarize message Michael Moore's new movie, Capitalism: A Love Story in one sentence, it would be this: Capitalism is not a form of government. That's the answer to the question posed at the beginning of the movie, via 1950s educational/propaganda films....
