Tag Archives: stock market

AND THE POOR GET POORER

Some Filthy Facts About the Rich By Paul Buchheit/ Nation of Change/ August 26, 2013 First of all, who are they? Mostly the 1%. But the top 2-5% have also done quite well, increasing their inflation-adjusted wealth by 75 percent from 1983 … Continue reading

Posted in Economics, economy, finance, government, inequality, labor, poverty, taxes, Wall Street | Tagged , , , , , , , , , | 33 Comments

Half-Full or Half-Empty?

Which America Do You Live In:  Newsweek’s SuperCountry or Robert Reich’s Stalled “Tinder-Box”? by Arlen Grossman Newsweek’s May 7 cover reveals a man’s shirt ripped off to reveal Superman–with a big “$” on his chest instead of an “S”–and the … Continue reading

Posted in Economics, economy, employment, finance, government, inequality, labor, politics, poverty, Wall Street | Tagged , , , , , , , , | Leave a comment

The Next Great Depression: Coming Soon?

Looking at the precarious state of the American and world economy, I would suggest that the volatility of the stock market last week is a strong early warning that a major financial crash in on the way. The massive amounts … Continue reading

Posted in economy | Tagged , , , | 1 Comment