Truthout
Economy
Mitt’s Offshore Shenanigans: The Bigger Story
All those official government stats on the maldistribution of wealth in the United States u2014 and the world u2014 vastly understate the actual extent of our contemporary inequality, says …
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Fed Leaning Closer to New Stimulus if No Growth Is Seen
A growing number of Federal Reserve officials have concluded that the central bank needs to expand its stimulus campaign unless the nationu2019s economy soon shows signs of improvement, including …
Election Countdown 2012: Bankrupt California Cities Announce Plan to Seize Loans on “Underwater” Homes, and More
Two bankrupt Californian cities of Fontana and Ontario in San Bernardino County offer a bracing jolt to Washingtonu2019s passivity. Where the Obama administration has largely failed [succeeded] to ease …
Bill Black Reports: LIBOR and HSBC
Bill Black, author of
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Paul Krugman: A Nation Is Not a Business
You could criticize the biographical focus if it were being used to convey a false impression of where Romney stands, but thatu2019s not whatu2019s going on here; instead, itu2019s …
On the News With Thom Hartmann: Department of Justice Investigating Pennsylvania Over New Voter ID Laws, and More
The Department of Justice is investigating another state over controversial Voter Suppression ID laws that will end up kicking millions of Democratic voters off the rolls, over the next …
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Study: One in Four Private Sector Workers Earn Less Than $10 an Hour
The last increase in the federal minimum wage was passed into law four years ago today, but the current minimum wage falls far short of meeting the needs of …
Thousands Rally to Support Locked Out Con Ed Workers
New Yorkers rally to support 8,500 workers entering 24th day of lock out.
The Other ALECs: A Look at the Lesser Known Stealth Lobbies That Write Bills for Your State
The American Legislative Exchange Council (ALEC) has been the target of increasing public scrutiny and opprobrium - and while the recent defections of several major companies from ALEC suggest …
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Large, Profitable Companies Employ Most Minimum-Wage Earners
There is compelling academic research that increasing the minimum wage doesnu2019t dramatically impact employment levels, but a new study released today underscores another important pointu2014most people earning minimum wage …