Truthout
Economy
Quadrillion Dollar Derivatives Market 20 Times Global GDP
Markus Stanley: Derivative bets not a zero sum game, have far reaching real world consequences.
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Meet the Welfare Queens of the 1%: The Moochers Mitt Missed Work for the Pentagon
There is no dispute about the status of major Pentagon contractors, their utter dependency on government, and their outsized profiteering.
Boehner May Have to Let the Fiscal Cliff Happen to Stay Speaker
Bottom line: The odds of the fiscal cliff happening are greater than most people are currently willing to admit.
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96 Percent of People Have Received Some Government Assistance
This means that Romney was not just insulting those who are too poor to pay a federal income tax.
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Chicago Teachers, Verizon Workers and Quebec’s Students Prove That Resistance Works
Teachers in Chicago, Verizon workers, and students in Quebec recently proved that not only are strikes and general resistance and dissent essential to any democracy, they also work.
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All Eyes on Ohio
It seems likely that this election will be decided in the industrial Midwest, Ohio in particular - a region that has bounced back strongly economically.
QE3 Another Fed Give Away to the Banks
Michael Hudson: Shoveling money to the banks not meant to create jobs; itu2019s a way to give banks even more speculative capital and prepare them for another meltdown
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The 1% and the 47%
If the rich want to know why they bear such a large share of the nation's income tax burden to pay for so-called big government these days, they should …
CEOs and the Pay-‘Em-or-Lose-‘Em Myth
A new study suggests the argument that C.E.O.'s will leave if they aren't compensated well, perhaps even lavishly, is bogus.
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What Mitt Romney Really Represents
Rich politicians such as FDR who favored social welfare programs were called class traitors. Romney, however, is a sponsor of the wealthy class.