Truthout
Economy
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 …
Journalist Chris Hedges on Capitalism’s “Sacrifice Zones”: Communities Destroyed for Profit
There are forgotten corners of this country where Americans are trapped in endless cycles of poverty, powerlessness, and despair as a direct result of capitalistic greed. Journalist Chris Hedges …
On the News With Thom Hartmann: LIBOR-Rigging Traders May Face Arrest Soon, and More
Bankers may actually be held accountable in latest trading debacle, and other news updates for Monday, July 23, 2012.