Truthout
Economy
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Jim Hightower: Koch Brothers’ Moonshine
A dirty windfall from a dirty fuel to underwrite dirty politics. You don't need a bloodhound's nose to sniff this one out.
Section 8 Waitlists Don’t Have to Be a Mile Long: Federal Housing Policy Should Stop Favoring Wealthier Homeowners
Imagine an overwhelmingly regressive welfare program, taking money from low- and moderate- income individuals and disproportionately benefiting people with incomes over $100,000.
Changing Wealth Ownership to Reduce Inequality
New proposals to broaden the ownership of wealth are increasingly commonplace - and given the growing discontent, appear all but certain to continue to grow in number and refinement.
Election Countdown 2012: Pennsylvania Commissioner of Fish and Boats is Torn Between the Environment and the Economy, and More
In today's Election Countdown, Los Angeles bans marijuana dispensaries; a nuclear reactor in Conneticut is shut down due to Long Island's warm water; The Pennsylvania Fish and Boat commisioner …
Bob Pollin: How Do We Get Back to Full Employment?
Bob Pollin, author of Back to Full Employment, begins a series examining whether full employment is possible and how to get there.
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Credit Card Debt Lawsuits by Lenders Relying on Erroneous Documents, Incomplete Records
"Roughly 90 percent of the credit card lawsuits are flawed and can’t prove the person owes the debt,†said Noach Dear, Brooklyn civil court judge.
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British Bank in $340 Million Settlement for Money Laundering
Standard Chartered has maintained that only $14 million of the $250 billion in transactions violated federal regulations.
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Romney Still Reaps Huge Profits From Bain’s Vulture Capitalism
The wealthiest man ever to secure a major party nomination for the presidency is crying foul because President Obamau2019s campaign has dared to explain how Romney made his money.
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77 Years After It Became Law, Social Security Keeps 20 Million Americans Out of Poverty
More than 70 years after its creation, social security benefits are keeping the elderly above the poverty line.
Wall St. “Cheetahs” and the Financial Transaction Tax
The recent stock market volatility could have been restricted by a tax on transactions that would make the small quick score less attractive.