All Things Considered Falls for Pew’s Phony Generational War Story

Reprinted from the Center for Economic and Policy Research (November 7, 2011) By Dean Baker All Things Considered did a major piece on a study from the Pew Research Center which showed substantial increase in the median wealth of people over age 65 from 1983 to 2009, while wealth among those under 35 actually fell. The […]

The Amazing New Science of the American Dream

“If Americans want to live the American Dream, they should go to Denmark” So says Richard Wilkinson in his TED Talk below. Wilkinson is Professor Emeritus of social epidemiology at the University of Nottingham and co-author of The Spirit Level: Why More Equal Societies Almost Always Do Better, a study of the pernicious effects of inequality […]

Why Does Obama Support Wall Street, Not Democracy in Greece?

In an interview with Amy Goodman on Democracy Now, Michael Hudson, distinguished research professor of economics at the University of Missouri, Kansas City, explains why President Obama and Tim Geithner are pressuring Europeans to impose “debt peonage” on Greece: MICHAEL HUDSON: The reason there have been all of these demonstrations [in Greece] is the same […]

OWS Oakland Takes Over City — Thousands Show Up, Shutting Down Businesses and One of the Biggest Ports in the Country

Reprinted from Alternet (November 2, 2011) By Joshua Holland Calling the protests a “general strike” resulted in an unbelievable amount of media coverage — a victory for the Occupy Movement. Perhaps as many as 15,000 people participated in actions across Oakland today, with small marches peeling off to protest in front of banks or “occupy” […]

Current Crisis “70 Times Larger” Than S&L Fraud of the 1980s

Here’s William K. Black, one of the regulators who helped convict nearly one thousand perps in the S&L meltdown of the 1980s and author of “The Best Way to Rob a Bank is to Own One,” speaking about the current crisis and how to deal with it (about 4 minutes):

Free Book: “The End of Loser Liberalism: Making Markets Progressive”

By Dean Baker Progressives need a fundamentally new approach to politics. They have been losing not just because conservatives have so much more money and power, but also because they have accepted the conservatives’ framing of political debates. They have accepted a framing where conservatives want market outcomes whereas liberals want the government to intervene […]

Washington Post Discards All Journalistic Standards in Attack on Social Security

Reprinted from the Center for Economic and Policy Research (October 29, 2011) By Dean Baker News outlets generally like to claim a separation between their editorial pages and their news pages. The Washington Post has long ignored this distinction in pursuing its agenda for cutting Social Security, however it took a big step further in […]

How the 99 Percent Really Lost Out – in Far Greater Ways Than the Occupy Protesters Imagine

Reprinted from Truthout.org (October 29, 2011) By Gar Alperovitz “Property is theft,” French anarchist Pierre-Joseph Proudhon famously declared in 1840 – a judgment clearly shared by many of those involved in the occupations in the name of the 99 percent around the country, and especially when applied to Wall Street bankers and traders. Elizabeth Warren […]

How the Legal System Was Subverted by the Rich

Reprinted from Tomdispatch.com (October 25, 2011) How the Legal System Was Deep-Sixed and Occupy Wall Street Swept the Land By Glenn Greenwald As intense protests spawned by Occupy Wall Street continue to grow, it is worth asking: Why now? The answer is not obvious. After all, severe income and wealth inequality have long plagued the […]

“What Started Here is Going to Continue in Other Ways We Can’t Predict”

Critics of the Occupy-Wall-Street Movement often say that it has no core policy statements, no universally agreed-upon policy demands. But defenders of the OWS movement remind us that other nonviolent social movements started as simple acts of moral outrage, then grew to become powerful catalysts of social and political change. Sometimes it begins with the […]

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