Archive
The Greatest Hoax in the History of Money The Fed the Banks the Lies
It took the journalists at Bloomberg News two years - and presumably lots of legal fees - to pry information out of the Federal Reserve that should have been made public long ago. We now know that the Fed's secret $7.7 trillion lending program wasn't just the most...
Britains Massive Anti-Austerity Strike Could It Happen Here
Millions of employees mounted Great Britain's first General Strike in many years today after the government threatened to impose more cuts in retirement benefits and pay for public workers. It was a smash success. As many as two million strikers proved that the...
NLRB Updates - Boeing Resolved Union Elections Streamlined Republicans Say Hurts Job Creators
There is news on the NLRB front. First, Boeing and its union have resolved the dispute that got the NLRB involved. Second, the NLRB voted yesterday to move forward with rules speeding up union certification elections. Third, House Republicans passed a bill to block...
Coordinated Attack On Unions From Republicans And CorporateConservative Machine
There is a big, behind-the-scenes fight going on in Washington over whether our country will continue to have a middle class or not. The forces of the 1% are trying to change rules that protect the right of working people to band together, organizing themselves so...
Republicans Resuscitate Dead Education Talking Points
Getting a Republican presidential candidate to extend a compliment to Barack Obama is about as rare as getting an economist to admit he miscalculated the housing bubble. But late last week, the education trade newspaper Education Week noted that a reporter from...
Progressive Breakfast
Each morning, Bill Scher and Terrance Heath serve up what progressives need to effect change on the kitchen-table issues families face: jobs, health care, green energy, financial reform, affordable education and retirement security. MORNING MESSAGE: Britain's...
Progressive Breakfast - 12/1/2011
Each morning, Bill Scher and Terrance Heath serve up what progressives need to effect change on the kitchen-table issues families face: jobs, health care, green energy, financial reform, affordable education and retirement security. MORNING MESSAGE: Britain's...
Newts First Rule of Dysfunctional Politics
The cardinal rule of dysfunctional politics, it turns out, it identical to the cardinal rule dysfunctional families: Don't talk about it. Whether "it" is mom's boozing, dad's mistress, junior's drug problem, or sister's sex life — or any other problem that families...
Doing It Their Way Government Layoffs Worsening Unemployment
There is new evidence of the cost of right-wing austerity policies in the latest report on downsizing activity from global outplacement firm Challenger, Gray & Christmas Inc., which headlines the fact that there have been more layoffs in the first 11 months of...
Workers Producing More Getting Paid Less
My analysis of today’s revised third-quarter 2011 report for real labor output, productivity and compensation (salary plus all benefits for ALL nonfarm employees) by the Bureau of Labor Statistics shows that “average” labor market conditions are far more grim and...
