Category Archives: inequality

THINK WE COULD USE SOME OF THAT MONEY?

The chief economist for an international corporate consulting firm crunched the numbers and came up with $21 Trillion stashed away in offshore tax havens and unavailable for use by financially-strapped government treasuries. If this revenue were available, social programs around … Continue reading

Posted in Economics, economy, finance, government, inequality, law, Mitt Romney, taxes | Tagged , , , , , , , | 8 Comments

Billionaires Buying the Election

BERNIE SANDERS VERSUS THE BILLIONAIRES By John Nichols/ Common Dreams/ July 24, 2012   If two dozen billionaire families were combining their wealth to effectively buy the 2012 election, it would be time for patriots to mount a bold response … Continue reading

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INEQUALITY–EVEN WORSE THAN YOU THINK

Wealth Doesn’t Trickle Down– It Just                          Floods Offshore, New Research Reveals By Heather Stewart/ The Guardian/ July 21, 2012 View the full graphic: where and what are tax … Continue reading

Posted in Economics, economy, government, inequality, taxes | Tagged , , , , , , , | 66 Comments

What Does Mitt Love More Than His Name?

Posted in elections, humor, inequality, Mitt Romney, politics | 1 Comment

Deeper in Debt

The New Company Store: The Final Step in the Corporate Takeover of America By John Atcheson/ Common Dreams/ July 11, 2012 Well, here we are, slouching toward another national garage sale in which corporations bid on and buy candidates the … Continue reading

Posted in Democratic Party, Economics, economy, finance, inequality, labor, poverty, Republican Party, taxes, Wall Street | Tagged , , , , , | Leave a comment

Crony Capitalism

If you missed this PBS episode from January 20, 2012,, it is well worth a look. Bill Moyers & Company explores “Crony Capitalism,” i.e. what’s remains of what we used to call capitalism and democracy. David Stockman, former budget director … Continue reading

Posted in Barack Obama, Economics, economy, finance, government, inequality, politics, Wall Street | Tagged , , , , , , , , , , , , , | Leave a comment

The Price of Cheap

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THOSE WHO FAIL TO LEARN FROM HISTORY….

Weimar America: Four Major Ways We’re Following In Germany’s Fascist Footsteps What happens when a mature industrial nation turns its back on democracy and lets its right-wing elite destroy the middle class? We’ve seen this movie before. By Robert Cruickshank/ … Continue reading

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The Light At the End of This Economic Tunnel Is a Train

In an interview with AlterNet, economist Joseph Stiglitz points to a dismal future for this country if we continue the current path of widening economic inequality. Deregulation, government downsizing, and an unfair tax system is making things worse. The middle … Continue reading

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The Robin Hood Tax

Professor Richard D. Wolff explains how a tiny “Robin Hood” or transaction tax on financial trades can raise enormous revenue for governments.  Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 … Continue reading

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