Category Archives: economy

Easy Way to Fix the Deficit

If only there were a simple way to fix this nation’s monumental, complicated debt problem. Actually, there is. We just need to apply basic common-sense economics. Under President Bill Clinton our national debt rose from $4.2 trillion to $5.7 trillion, … Continue reading

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Get Out of Jail Cards for Wall St.

Did you ever wonder why nobody is getting prosecuted for the biggest white-collar crime in the history of the world–the worldwide financial collapse of 2007-2008? The answers are starting to come out. The explanation involves a remarkably lenient  U.S. Department … Continue reading

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It’s Right There in the Constitution

Is there any doubt that a Republican president would take advantage of a provision in the U.S. Constitution to help his or her cause? We saw how President George W. Bush took advantage of all kinds of executive privileges–many of … Continue reading

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Goodness, Our Financial Sky is Falling!

If only there were a simple way to fix this nation’s monumental, complicated debt problem. Actually, there is. We just need to apply basic common-sense economics. Under President Bill Clinton our national debt rose from $4.2 trillion to $5.7 trillion, … Continue reading

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Bill Maher: Casey Anthony and Republican Voters (Video)

Biting commentary by Bill Maher equating inability of jurors to find Casey Anthony guilty to the stupidity of working class Americans voting Republican . Starts after 2:30 mark of his New Rules, Episode 219 (July 8). Bill Maher: New Rules … Continue reading

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Robert Reich: Invest in America (Video)

Robert Reich brilliantly sums up the problem and the solution to our economic troubles in 2 minutes 40 seconds. Robert Reich video

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SPECIAL REPORT: WHAT’S NEXT, CALIFORNIA?

We all know California is in bad shape. Is there any way to fix it? On the weekend of June 24-26, I was given the opportunity to join with 400 other Californians in a serious effort to help answer that … Continue reading

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The Big Lies

1.  Americans are overtaxed. 2.  The American economy can be fixed by cutting spending.

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The Big Truths

1. In reality,  compared to previous years and compared to the rest of the world, Americans are under-taxed. According to the Commerce Department’s Bureau of Economic Analysis, by historical standards, what we pay in federal taxes — rich, poor and … Continue reading

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BPR Quote of the Day

“Why has the response to rising inequality been a drive to reduce taxes on the rich?” Paul Krugman —NY Times columnist and Nobel Prize-winning Economist  

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