Wall Street Threatening To Withhold Donations After Pope’s Critique

By: Tuesday December 31, 2013 5:41 am

Even when thousands of Americans took to the streets in 2011 protesting inequality and greed in the Occupy Wall Street demonstrations the Wall Street plutocrats appeared completely unshaken in their belief that their power and privileges were legitimate, that they were right and just. To their mind the protesters were just envious of their success [...]

Trojan Horse: Chuck Schumer Talks About Talking About Inequality

By: Monday December 23, 2013 10:29 am

Senator Charles Schumer is one of the more successful saboteurs of progressive policy in the Democratic Party. His tactic is tried and true – pretend to agree with a progressive reform, get on the inside of the group of supporters, undermine and destroy it, then walk to a battery of cameras to lament the failure [...]

Poll: Americans No Longer Believe In American Dream

By: Wednesday December 11, 2013 8:44 am

With even President Obama lamenting the loss of social mobility in America it now seems the majority of the American people no longer believe in the American Dream. According to a Bloomberg Poll the “land of opportunity” meme, long established irrespective of evidence, has finally been smothered by the realities of plutocracy. The widening gap [...]

After Helping Wall Street For Years President Obama Talks Inequality

By: Thursday December 5, 2013 5:19 am

No president has done more to help rich Wall Street executives than President Barack Obama. Whether it is through appointing conflicted Wall Street lawyers to lead the Justice Department or Wall Street’s chosen man to lead the Treasury Department, Obama has done everything he could to make sure the rich got richer. And it has [...]

Ross Douthat’s Inaccurate And Misleading Response To Pope’s Critique Of Capitalism

By: Tuesday December 3, 2013 11:32 am

Ross Douthat of the New York Times is one of the better conservative reads around. Part of the value of his sometimes quite insightful analysis was that he was willing to accept unpleasant facts concerning the failures of conservative thought. That didn’t make him some liberal punching bag – a reverse Alan Colmes – but [...]

As Nation’s Income Gap Widens DC Sees Boom Times

By: Monday November 18, 2013 7:59 am

It was the best of times, it was the worst of times. As poverty and unemployment numbers are revised upwards and the nation’s income gap widens, DC is having boom times as the Dow crosses 16,000. Truly a tale of two economies with a 9.9 out of 10 chance that you aren’t in the one [...]

New Cuts To Food Stamps Come At Worst Time

By: Tuesday November 5, 2013 11:35 am

While Congress obsesses over the imagined perils of rich bondholders – aka “the debt” – real Americans struggling to feed their families got another kick to the teeth this month. On November 1st the federal government rolled back food stamp benefits for all 47.6 million people who receive them. The 5.5% reduction in benefits will [...]

Census: Poverty Still Historically High As Median Incomes Remain Stagnant

By: Tuesday September 17, 2013 10:10 am

The recovery that wasn’t and isn’t. On the day Occupy Wall Street marks its second anniversary the US Census Bureau has published its report on income, poverty and health insurance coverage in America. The results of the study provide more evidence that while the top 1% have gotten even richer, the 99% have stagnated. Median [...]

Income Gap Hits Widest Point Since 1920s

By: Wednesday September 11, 2013 8:11 am

As we hit the 5 year anniversary of the financial crisis where Wall Street got a nice taxpayer funded bailout and no consequences for stealing people’s homes, it seems all is not well for the 99%. Not only did most Americans lose a considerable amount of their net worth when the housing market crashed, due [...]

Barrett Brown, Glenn Greenwald, and the Mafia State

By: Tuesday August 20, 2013 10:34 am

“When they come… they come at what you love.” – Michael Corleone, The Godfather III Many were shocked by the nastiness of the British government – with America’s approval – holding Glenn Greenwald’s partner under an anti-Terrorism law for nine hours during which time they interrogated him and stole his property. As the Editor in [...]

Obama Rehashes Old Economic Speech Despite Record

By: Thursday July 25, 2013 7:59 am

President Obama gave an economic speech yesterday that mirrored many of his earlier statements on his goals for the economy. According to some observers the speech was near identical to others Obama has given. You could be forgiven if you thought you had heard President Obama’s speech on the economy today before. Because you have. [...]