Truthout
Economy
Wall Street Urges Obama to Commit the Great Betrayal
Big banks continue to push Obama to adopt self-destructive austerity programs that would unravel the national safety net of Social Security, Medicaid and Medicare.
Massachusetts Voters Urge Tax Fairness, Military Cuts to Avoid “Fiscal Cliff” and Protect Vital Programs
Boston, November 7, 2012 - By a three to one margin, Massachusetts voters yesterday sent a clear message to both Democrats and Republicans in Washington about the federal budget …
It’s the Interest, Stupid! Why Bankers Rule the World
By developing a public banking system, governments can keep the interest and reinvest it locally.
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Arguing Over a Nonexistent Bubble
Once you realize that a social convention is not at all the same thing as a bubble, several related fallacies fall into place.
GOP Senators to Congressional Research Service: Research? We Don’t Need No Stinking Research
New report from nonpartisan group Congressional Research Service which examines the relationship between top tax rates and economic outcomes was rejected by GOP senators for its issues with
The Nature of the Beast: Leo Panitch and Sam Gindin on “The Making of Global Capitalism“
Leo Panitch and Sam Gindin have just released their latest book, The Making of Global Capitalism.
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William Rivers Pitt | Winning the Outside Chance
All we won on Tuesday night was the outside chance of not losing. What is made of that very slim margin is entirely up to you.
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Sensata Workers Gain Support for Full-Year Severance Pay
The plight of Sensata workers affects the whole community of Freeport, Illinois, where unemployment is around 12 percent.
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The Fourth Horseman of the Apocalypse: Hurricane Sandy Rides In
First, 9/11. Next, Katrina. Then Wall Street. Now, Sandy erases once and for all the line between man-made and natural disaster.
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The Cost
Housing values have gone up, especially for the White House.