The spiral-to-the-bottom and inequality we are suffering is not an inevitable result of globalization, it is what happens when we don’t hold cheaters and exploiters accountable and stop them. This is not just about Wall Street, it is the story of what has happened to our wages and benefits, jobs, factories, companies, industries, economy and [...]
Primary voters just gave former Speaker Newt Gingrich the win in the Republican presidential primary in South Carolina, “America’s most conservative state.” Reddest of the red. Buckle of the Bible Belt. CNN welcomed viewers to the Charleston debate this week with “Welcome to the South,” a place “where values matter.”
Much has been made about income taxes and income tax cuts – not just by Republicans, who base their entire economic plan on less taxes (which of course will usually vastly benefit their base by every conceivable metric), but also by Democrats lately as a way to provide stimulus or help in a time of [...]
Mitt Romney’s ultra-low tax rate on his ultra-high income is reviving questions about the breaks and perks that the wealthiest of the 1% receive from the rest of us. One of these is a special low tax rate for investments — as if anyone needed special tax incentives to induce them to make a bundle.
Last month I wrote about a bill before Congress that would both help fight the offshoring of call-center jobs and protect consumers. Now the countries where we have been sending those jobs are organizing a lobbying campaign to fight the bill.
There is a bipartisan bill before Congress, The U.S. Call Center Worker [...]
So much misdirected anger.
Over at Daily Kos, Zwoof has seen a rash of chain emails about “welfare junkies” who are “drug-fueled slackers.” Obligingly, Sen. Jim DeMint (R-SC) has introduced the Welfare Reform Act of 2011 to discipline deadbeats on food stamps.
This is old news. It is Ronald Reagan’s “welfare [...]
As of now an agency of our government, the National Labor Relations Board (NLRB), is effectively shut down, unable to do its job. This is a “nullification” by Republicans, of laws that protect workers and companies, in exchange for campaign help from the 1%. They are simply obstructing, blocking appointments in order to keep the [...]
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"The world is a rigged game"
Matt Taibbi at Rolling Stone: “Word has leaked out that the London-based firm ICAP, the world’s largest broker of interest-rate swaps, is being investigated by American authorities for behavior that sounds eerily reminiscent of the Libor mess. Regulators are looking into whether or not a small group of brokers at ICAP may have worked with up to 15 of the world’s largest banks to manipulate ISDAfix, a benchmark number used around the world to calculate the prices of interest-rate swaps.”
On winning and values
So, right-wingers, you want a society where families are stable, where everybody looks like you and shares your Christian faith, and where the government pretty much stays out of your business? It’s not in some Randian fantasy, it’s right here in the USA.
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