Truthout
Economy
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Farm Bill Passes US Senate
The farm bill S. 3240, passed the U.S. Senate on June 21. The bill, which is renewed approximately every five years, dictates congressional spending on not only farm issues …
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Greeks Cast Ballots, Spain Gets a Bailout, Yet Nothing Changes
So the governing coalition in Greece pulled out a narrow victory Sunday, but getting a narrow majority in the parliament thanks to a 50-seat bonus the New Democracy party …
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Moody’s Cuts Credit Ratings of 15 Big Banks
The credit downgrades could do more damage to their bottom lines and further unsettle equity markets.
Election Countdown 2012: Florida Agrees on Tuition Hike for State Universities, and More
Daily countdown to the election, with links that keep you in the know!
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Paul Krugman | Welcome to the 1930s
Financial powers, at home and abroad, are sinking us into the flawed economic ideals of the 1930s.
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The World’s 99% Knows Capitalism Is Failing and Believes That Change Is Possible
But to the young indignados and protestors elsewhere in the world, capitalism is failing to produce what was promised, but is delivering on what was not promised - inequality, …
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Another View: The Myth of the Postal Service’s Finances
The health of the Postal Service lies largely in the hands of Congress, which has made a tremendous accounting strategy error. The pre-payment strategy could bankrupt the post office …
Election Countdown 2012: Quebec Plagued by the Gangrenous Social Crisis of Law 78, and More
Daily countdown to the election, with links that keep you in the know!
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Fed Expected to Keep Twisting, but Will Markets Shout?
Faced with a wide range of signs warning of an economic slowdown, the Federal Reserve is expected to announce Wednesday that it will extend a controversial bond-buying program even …
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Public Workers Face New Rash of Layoffs, Hurting Recovery
Government payrolls grew in the early part of the recovery, largely because of federal stimulus measures. But since its postrecession peak in April 2009 (not counting temporary Census hiring), …