Truthout
Economy
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In Voting Sunday, Greece and France Are Expected to Reject Austerity Measures, Roiling Europe’s Leaders
Nicolas Sarkozy. (Photo: Rodrigo SEPÚLVEDA SCHULZ / Flickr)Athens, Greece - French and Greek leaders who backed the European Union’s severe austerity measures are likely to take a drubbing when …
A Tale of Two Rules: Washington Bureaucracy and the Politics of Workplace Safety
Washington, D.C. - Many laws are proposed in this town, but only some are passed. The same is true of regulations—except the White House Office of Management and Budget (OMB), …
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Job Slowdown Continues Into April, but Unemployment Still Edges Downward
It is virtually certain that the unemployment rate will rise in coming months. The economy added just 115,000 jobs in April. While the March number was revised up to …
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In the Euro Zone, False Narrative Dominates Debate
So, the euro crisis is risk on again. And this time it’s centered on Spain — which in a way is a good thing, because now the essential craziness …
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CUNY Brooklyn College Students Roughed Up by Police for Demanding Fairer Treatment
Every gate at the City University of New York's Brooklyn College had doubled security—no one was getting in without a student ID. That and the rain might have dampened …
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The Rise of Orwellian Economics
(Image: CLEMENT, Canada / CartoonArts International / The New York Times Syndicate)These past few years have been lean times in many respects — but they’ve been boom years for …
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Seventy-Five Thousand People Demand Bank of America End Its Political Donations
Bank of America will be holding its annual shareholder meeting in Charlotte, North Carolina, on May 9th. A group of shareholders led by Trillium Asset Management will be introducing a …
America’s Top Prison Corporation: A Study in Predatory Capitalism and Cronyism
Last week I wrote about the private prison company The GEO Group and how allowing private businesses to operate prisons can affect our justice system, our laws and the …
Austerity, the Path to Prosperity?
Rep. Paul Ryan sat down with Steve Forbes recently to have a “very serious” conversation about the US economy. The architect of the House budget plan, Ryan stated in …
Behind the Lobbying Effort that Helps Save Apple $2.4 Billion in Taxes a Year
The New York Times dropped another bomb on Apple’s “iEconomy” this weekend with an expose that shows how the world’s biggest corporation evades billions of dollars in taxes by …