Unless you earn enough to be able to begin to accumulate wealth, you can't get ahead. That's why kids from low-income families start out in life at a huge disadvantage -- especially children of color.
"Start imagining what we, the savers, have to endure because of plutocratic, crony capitalism for which the Federal Reserve has long been a leading Tribune."
Sex: The topic that has proved strong enough to displace religious and academic discussion about property and wealth as the driving force in human affairs and evolution.
The annual savings rate dropped to the lowest level in 74 years, the Commerce Department has reported. On average, Americans saved a "negative 1 percent" in 2006, meaning people not only didn't save but dipped into their savings and borrowed in order to spend more than their income.
The Federal Reserve finds that the average family has only about $3,800 in the bank, no retirement account and no stocks or bonds, and can't pay off a $2,200 credit card balance Pretty grim But don't fear Tax cuts for the rich will make everything all better.
The Gray Lady publishes a slew of important and underreported stories its Saturday edition: