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%
Occupy: Two Years Later
Thousands of Occupy protesters demonstrated in New York City to mark the second anniversary of the movement on Tuesday, just as new figures show that poverty remains steady and the so-called “1 percent” have only grown wealthier
Taxpayer Dollars Paid 1/3 of Richest Corporate CEOs
More than one-third of the nation’s highest-paid CEOs from the past two decades led companies that were subsidized by American taxpayers
The Next Unsustainable Wall Street Bubble
Big investors are pouring unprecedented amounts of money into real estate hard hit by the housing crash, bringing those moribund markets back to life but raising the prospect of another Wall Street-fueled bubble that won’t be sustainable
NYC Has to Pay for Destruction of Occupy Property
The City of New York will pay over $365,000 to settle a lawsuit filed by people whose property was damaged and destroyed when the NYPD raided Zuccotti Park, dispersing Occupy Wall Street protesters, on November 15, 2011
The Real Unemployment Rate in America…
The current job-creation numbers are meaningfully below the level we might expect during a period of record corporate earnings and the reaching of new peaks in the major stock market indices
“Homeland Security” Tracked Peaceful Occupy Demonstrations
A Department of Homeland Security division produced daily briefings on “peaceful activist demonstrations” during the height of the Occupy Wall Street protests, documents released Tuesday revealed
2008 Financial Crisis Cost $22 Trillion
The 2008 financial crisis cost the U.S. economy more than $22 trillion, a study by the Government Accountability Office published Thursday said. The financial reform law that aims to prevent another crisis, by contrast, will cost a fraction of that
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