America’s True Horror Story
America is a country that is now utterly divided when it comes to its society, its economy, its politics. There are definitely two Americas
White House Seeks Radical New Political Powers for Corporations
The Obama administration appears to have almost no international support for controversial new trade standards that would grant radical new political powers to corporations
Rising Income Inequality Costly for Capitalism
Incomes of the top 1% of Americans grew by 31.4% from 2009 to 2012, compared with 0.4% for the remaining 99%
1 in 6 are Poor in the U.S.
The number of poor people in America is 3 million higher than the official count, encompassing 1 in 6 residents due to out-of-pocket medical costs and work-related expenses
Federal Debt Jumped by $409 Billion in October Alone
The debt of the federal government, which is normally subject to a legal limit, jumped by $409 billion in the month of October
President of the World
Janet Yellen, President Obama’s nominee to lead the Federal Reserve, is a vastly wealthy multimillionaire—which is standard, because only those fully insulated from the effects of economic policies are allowed to make economic policies.
Record Taxation at State, Local Level
Revenues from state and local individual income taxes, general sales and gross receipt taxes, motor fuel taxes, motor vehicle taxes and taxes on alcoholic beverages each hit all-time highs in the second quarter of this year
Worst Student Loan Service Ever
A federal consumer regulator has taken aim at the Department of Education’s preferred companies for servicing the agency’s $1 trillion in student loans
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