Viral Video (6 min): US Wealth Inequality as You’ve Never Seen It (Obscene Greed Since Reagan)
Based on a popular Mother Jones post on inequality. More graphs from Mother Jones:
Is the Sequester a Tea Party Plot?
Reprinted from robertreich.org By Robert Reich Imagine a plot to undermine the government of the United States, to destroy much of its capacity to do the public’s business, and to sow distrust among the population. Imagine further that the plotters infiltrate Congress and state governments, reshape their districts to give them disproportionate influence in…
“If You Want to Head-Off Fascism, You’ve Got to Find a Politician Willing to Take on the Financial Sector”
Professor Steve Keen, prominent among a small group of economists who correctly foresaw the 2007 meltdown, talks about the parallels between the Great Depression of the 1930s and the current “great” recession. The key indicator he uses to predict periods of major economic collapse is the ratio of private debt in an economy to…
Most Don’t Realize the Deficit is Falling Dramatically, So Sequester Not Needed
Reprinted from Campaign for America’s Future under Creative Commons License By Dave Johnson There is no deficit problem. The deficit is down about 50 percent as a share of gross domestic product just since President Bush’s fiscal year 2009 deficit and is falling at the fastest rate since the end of World War II. Yet the…
Deficit Scaremongering By “Fix The Debt” Campaign
Reprinted from Pete Peterson Pyramid under Creative Commons License Fix the Debt Astroturf Supergroup The Campaign to Fix the Debt is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire Pete Peterson to slash earned benefit programs such as Social Security and Medicare under the guise of fixing the nation’s “debt problem.” Through…