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Tag: Money

Tomatoes of Wrath









Posted on Sep 29, 2011 ENLARGE    


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Posted on Sep 29, 2011 ENLARGE



AP / Louis Lanzano

The Best Among Us

Those on the streets around Wall Street are the physical embodiment of hope.

Posted on Sep 29, 2011 READ MORE



AP / J. Scott Applewhite

The Men We Trusted to Lead Us

Why are Ben Bernanke and Barack Obama just now discovering that there is a jobs crisis in this country?

Posted on Sep 28, 2011 READ MORE



David Nallah (CC-BY)

Class Warfare: Bring It On!

President Obama came out here last Tuesday to proclaim himself a "warrior for the middle class." Would that it were true.

Posted on Sep 28, 2011 READ MORE



White House / Pete Souza

Why They Hate Warren Buffett

You can’t accuse a big capitalist of “class warfare.” That’s why the right wing despises Warren Buffett and is trying so hard to shut him up.

Posted on Sep 28, 2011 READ MORE


Chris Hedges Occupies Wall Street

The Truthdig columnist sits in with protesters and says the power elite are “very, very frightened,” adding, “They do not want movements like this to grow.”

Posted on Sep 26, 2011 WATCH & LISTEN



Illustration by Mr. Fish

Tomatoes of Wrath

One of the most important battles in the history of migrant labor is taking place in the fields of Florida and in the produce section of Trader Joe’s and other grocery stores.

Posted on Sep 26, 2011 READ MORE


When Socialism Saves Capitalism

Have you noticed that one of the Obama administration’s most successful programs is also its most “socialist” initiative?

Posted on Sep 21, 2011 READ MORE



Jason Mitchell (CC-BY-ND)

Poker ‘Ponzi Scheme’ Bagged $440 Million, Says DOJ

Federal prosecutors Tuesday accused Full Tilt Poker, an online gambling operation, of running a global Ponzi scheme that siphoned $444 million from player accounts to pay off celebrity board members and cover business expenses. (more)

Posted on Sep 20, 2011 READ MORE



AP / John Minchillo

99 Percenters Occupy Wall Street

If 2,000 tea party activists descended on Wall Street, you would probably have an equal number of reporters there covering them.

Posted on Sep 20, 2011 READ MORE



Laurent Gauthier (CC-BY)

Strauss-Kahn and His Paris Reception

Mr. Strauss-Kahn is a dead parrot. He has no political future but does not yet seem to understand this.

Posted on Sep 20, 2011 READ MORE



White House / Pete Souza

The Fight-Back Plan

The GOP and its upper-crust patrons have been waging an undeclared but devastating war against middle-class, working-class and poor Americans for decades. Now they scream bloody murder at the notion that long-suffering victims might finally hit back.

Posted on Sep 19, 2011 READ MORE



Illustration by Mr. Fish

The Rev. Jeremiah Wright Recalls Obama’s Fall From Grace

Wright says Barack Obama came to him in 2008 and asked, “ ‘You know what your problem is?’ I said, ‘What is that?’ He said, ‘You have to tell the truth.’ ”

Posted on Sep 19, 2011 READ MORE


Where Are the Compassionate Conservatives?

We heard plenty of contradictions, distortions and untruths at the Republican candidates’ tea party debate, but we heard shockingly little compassion—and almost no acknowledgment that political and economic policy choices have a moral dimension.

Posted on Sep 15, 2011 READ MORE


Preserving Life (Unless It’s Uninsured)

Watching the Republican presidential candidates and their agitated tea party supporters at the CNN/Tea Party Debate, an ordinary citizen might feel confused.

Posted on Sep 15, 2011 READ MORE



Flickr / shredded77 (CC-BY)

Postal Service May Slash 35,000 Jobs

The U.S. Postal Service said Thursday that it is thinking about closing more than half of its mail-processing centers, which would eliminate more than 35,000 jobs, in order to turn a profit. (more)

Posted on Sep 15, 2011 READ MORE



Office of House Minority Leader Nancy Pelosi

Elizabeth Warren Is Running for the Senate

In the past few years, Elizabeth Warren proved herself one of the very few people in government committed to actually doing something about Wall Street greed, and she got kicked to the curb as a result. Now she is hoping to win back Ted Kennedy’s Senate seat from Republican Scott Brown. (more)

Posted on Sep 14, 2011 READ MORE



White House / Pete Souza

How Much Has Obama Learned About Republicans?

The Republican presidential debate last week should have taught us that we are no longer in the world of civics textbooks. Does the President finally understand that?

Posted on Sep 11, 2011 READ MORE


Texas Medicaid’s Vast and Dangerous Wastefulness

Hear the one about Rick Perry’s appointees who run Medicaid in Texas allowing hundreds of millions of dollars to be misspent on orthodontic braces for children who don’t need them—with huge profits for private dental clinics owned by Wall Street hedge funds? There’s more.

Posted on Sep 8, 2011 READ MORE



Gigi Ibrahim (CC-BY)

Dispatches From Cairo: Tensions Mount in Revolution Central

Wow, what a jittery, hair-trigger, emotional week in Egypt, the heart of the revolutionary world.

Posted on Sep 7, 2011 READ MORE



AP / Erich Schlegel

Flaming Hypocrisy

While Rick Perry was denouncing the federal government at Wednesday’s debate, he was also accepting all the financial assistance President Obama could offer his burning state.

Posted on Sep 7, 2011 READ MORE



vegatripy (CC-BY-ND)

Homeland Security Office Creates ‘Intelligence Spam,’ Insiders Say

The Office of Intelligence and Analysis at the Department of Homeland Security was envisioned as the center of gravity in a new era of domestic security, but it has done little to improve the accuracy and quality of the nation’s intelligence data.

Posted on Sep 6, 2011 READ MORE


Obama Labor Day Speech (Video and Transcript)

On Monday the president celebrated working people and the contributions of unions to our society and he previewed some of the proposals in his forthcoming jobs plan at an AFL-CIO-sponsored speech in a GM parking lot.

Posted on Sep 5, 2011 WATCH & LISTEN



Jackie (CC-BY)

‘The Price of 9/11’

Joseph Stiglitz, the Nobel Prize-winning economist who, along with Linda Bilmes, once calculated the staggering cost of America’s wars, takes a look at the “mostly avoidable” economic devastation we imposed on ourselves in reaction to the terrorist attacks a decade ago.

Posted on Sep 5, 2011 READ MORE



hobvias sudoneighm (CC-BY)

U.S. Postal Service Begs Congress for Help

The United States Postal Service can’t pay its bills, and management is asking Congress for money and concessions, including eliminating 220,000 jobs. This, despite agreeing in May not to lay off workers. (more)

Posted on Sep 4, 2011 READ MORE



Library of Congress / Howard Liberman

The Last Labor Day?

We may still celebrate Labor Day, but our culture has given up on honoring workers as worthy of genuine respect.

Posted on Sep 4, 2011 READ MORE



AP / John Bazemore

Republicans Put Wars Ahead of People

Republican spending knows no limits when it comes to going into debt for failed and useless wars. But it’s another story when it comes to providing federal assistance for victims of Hurricane Irene or other catastrophes we may face in the months ahead.

Posted on Sep 2, 2011 READ MORE



Illustration by Mr. Fish

June Gloom With Lewis Lapham

There is always smoke around Lewis Lapham, as if he’d just been conjured by some sorcerer suddenly enraged by the placation of the status quo.

Posted on Sep 2, 2011 READ MORE    



Martin Abegglen (CC-BY-SA)

The Lesson of the Chinese Invasion

Many economic Nostradamuses have long predicted that the epitaph on America’s tombstone will ultimately read, “Made in China.” But casual observers probably didn’t think the funeral procession would happen this fast.

Posted on Sep 1, 2011 READ MORE



FEMA News Photos / G. Mathieson

Eric Cantor Exploits Disaster, Pushing Budget Cuts

The No. 2 GOP leader in the House says additional funds for FEMA will have to be matched by budget cuts, and we know from past experience what that means: less funding for programs that assist the poor and elderly without a hope of raising taxes. Michael “Heckuva Job” Brown thinks it’s a good idea. (more)

Posted on Aug 30, 2011 READ MORE



White House / Pete Souza

Jobs: Go Big or Go Home

President Obama’s promised jobs plan needs to be unrealistic and unreasonable, at the very least. If he can crank it all the way up to unimaginable, that would be even better.

Posted on Aug 29, 2011 READ MORE



Illustration by Mr. Fish

The Election March of the Trolls

The trolls have gamed the system. There is no economic, political or environmental reform that can be implemented to impede the march of the corporate state.

Posted on Aug 28, 2011 READ MORE



Brooke Anderson (CC-BY)

A Special City Loses Its Voice

The death of the Oakland Tribune symbolizes the contempt that newspaper publishers feel toward the communities they purportedly serve.

Posted on Aug 26, 2011 READ MORE



Paul Lowry (CC-BY)

Why Perry Hates Regulators: They’re Bad for (His) Business

When environmental regulators do their job properly, that can mean serious trouble for Rick Perry’s largest political donors.

Posted on Aug 25, 2011 READ MORE



AP / Jeffrey Phelps

Give Your Representative Your 2 Cents for $15

At least four Republican members of Congress have scheduled only paid-entry meetings with constituents rather than free, town-hall gatherings over the summer break, a move that is not unconstitutional but one that some people consider to be “skirting an ethical line.”

Posted on Aug 17, 2011 READ MORE



AP / David J. Phillip

The Biggest Little Hypocrite in Texas

It is unfathomable that yet another Texas blowhard governor has emerged as a front-runner for the GOP presidential nomination.

Posted on Aug 16, 2011 READ MORE



thehelpmovie.com

Reconciling ‘The Help’ With the History

There has to be a lingering suspicion (and hatred) that “The Help” cannot bear to contemplate. It wants us to believe that all involved learned their costly lessons in the Mississippi of 50 years ago.

Posted on Aug 14, 2011 READ MORE


Franken Calls for Oversight of Ratings Agencies

Sen. Al Franken, D-Minn., is disturbed by the monopolistic power of the ratings agencies—and still determined to curb their abuses, as he tried to do last year with an amendment to the Dodd-Frank banking reform bill.

Posted on Aug 12, 2011 READ MORE


Hello, Washington? Is Anyone Listening?

We should be shocked and alarmed that 26 percent of our fellow citizens apparently believe the president and Congress are going to make it all better. Are they not paying attention? Or are they delusional?

Posted on Aug 12, 2011 READ MORE


Wisconsin: Conservatives Win, Liberals Gain

There will be no magic potion, no instant formula for Democrats and progressives struggling to come back from their disastrous 2010 election losses.

Posted on Aug 10, 2011 READ MORE



Jacob Bøtter (CC-BY)

Another Bailout Joins the Goofball Economy

The whole thing is nuts. The economy is a shambles, saved from a free fall only by the Federal Reserve’s unprecedented promise of free money for banks for at least two years.

Posted on Aug 9, 2011 READ MORE



Julien GONG Min (CC-BY)

A Downgrade’s GOP Fingerprints

There is one good reason to downgrade the United States’ credit rating, but S&P, whose credibility was already spent after the housing meltdown, gave a host of largely bogus explanations for its actions.

Posted on Aug 8, 2011 READ MORE



Albert Sabaté

The Other Israelis

Israel began importing workers after the government choked off the flow of cheap Palestinian labor. Abuse and corruption are rampant as employers take advantage of a revolving-door policy meant to protect the state’s Jewish identity.

Posted on Aug 7, 2011 READ MORE



Americans Could Learn From Israel’s Tent City

Economic frustrations, particularly the high cost of rent, have breathed new life into the Israeli left. Residents of a tent city in Tel Aviv, constructed to protest financial woes, put Israel’s conservative prime minister on the defense, forcing him to announce a committee Sunday to look into reforms.

Posted on Aug 7, 2011 READ MORE


The Top 1 Percent

Al-Jazeera’s slick video news magazine “Fault Lines” investigates the incredible income disparity in the United States that now sees 40 percent of the nation’s wealth in the hands of the top 1 percent. Spoiler alert: The rich get richer, and it’s not very pleasant.

Posted on Aug 5, 2011 WATCH & LISTEN



Tony the Misfit (CC-BY)

The Bizarro FDR

Barack Obama is a lot of things—eloquent, dissembling, conniving, intelligent and above all, calm. But one thing he is not is weak.

Posted on Aug 4, 2011 READ MORE


The Wrong Problem ‘Solved’

The debt-ceiling fight generated enough hyperventilation and heartburn to replace a coal-fired power plant. The resulting product? It’s starting to look kind of puny and irrelevant.

Posted on Aug 4, 2011 READ MORE



Photo graphic by PZS from President Eisenhower's official portrait

Who Wants to Go Back to the ’50s?

Obama’s Eisenhower nostalgia is troubling. That was half a century ago—before the Civil Rights Act, the Voting Rights Act, Medicare, Medicaid, food stamps and federal aid to education.

Posted on Aug 4, 2011 READ MORE



AP / Richard Drew

The Recovery Is Dead, Long Live the Recovery

The die has been cast. Obama’s deal to raise the debt ceiling is a disaster in the making.

Posted on Aug 2, 2011 READ MORE


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