by Lynne Stuart Parramore | Oct 22, 2014 | Blog, Economy
According to a new report, the richest one percent have got their mitts on almost half the world's assets. Think that’s the end of the story? Think again. This is only the beginning. The “Global Annual Wealth Report,” freshly released by investment giant Credit...
by Dave Johnson | Oct 22, 2014 | Blog
Hong Kong's leader/chief executive Leung Chun-ying slammed pro-democracy protesters, saying that democracy would allow the poor too much of a voice. Leung said that a Chinese-style government appointed from the top allows for more business-friendly policies. I suspect...
by Richard Eskow | Oct 22, 2014 | Blog
In two weeks voters will go to the polls in a race that looks increasingly dire for Democrats. It’s not that voters agree with Republicans on the issues. On the contrary, polls show that a majority of voters across the political spectrum agree with core Democratic...
by Leo Gerard | Oct 21, 2014 | Blog, Economy
Income inequality is killing the economy. Retailers, bankers and Democrats agree on that. Really. It’s only Republicans who continue to insist that income inequality is great, so no one, least of all them, should make any effort to constrict the abyss between...
by Lindsay Koshgarian | Oct 21, 2014 | Blog, Jobs and Growth
With the election nearing, Americans still know what they want: job creation. Unemployment is still elevated near 6 percent, and underemployment – including people who have given up looking for work, or who are working part-time when they want to be full-time – was...
by Dave Johnson | Oct 21, 2014 | Blog, Trade
Trade deals like NAFTA have helped create terrible inequality by outsourcing jobs to low-wage countries so "investors" can pocket the wage difference. These corporate trade deals also create "corporate courts" that bypass the borders of democracy and place...
