Poverty Unchanged By Wall Street Recovery

By: Wednesday September 17, 2014 9:19 am

Though the federal government and Federal Reserve moved heaven and earth to ensure the 1% were made whole after the financial crisis, those unable to buy influence in Washington remain frayed. According to the Census Bureau over 14% of Americans remain below the poverty line while financial markets have made a considerable recovery from 2008 [...]

Right Wing’s Latest Target: Poor Children Who Need Food

By: Tuesday August 26, 2014 7:37 am

While Wall Street takes hundreds of billions in taxpayer money with a permanent bailout guarantee and the Pentagon can not account for a trillion dollars and remains inauditable, the reactionaries have a new target for their outrage over government dependency – poor children who need food. Writing for The Federalist, Daniel Payne suggests that we [...]

Mother Dies In Jail Due To Debts

By: Thursday June 12, 2014 10:59 am

Being a poor person is the same as being a bad person right? Eileen DeNino, a 55 year old mother of seven died last weekend while serving a two day sentenceĀ for inability to pay fines she received for her children being truant from school. The cause of death remains unknown though DeNino was said to [...]

Wall Street Journal Doubles Down On Paul Ryan’s Critique Of ‘Inner City’ People

By: Monday March 24, 2014 8:05 am

After Congressman Paul Ryan went on Bill Bennett’s radio show and blamed poverty on “inner city” culture there was a public outcry. Most observers understood that the comment was a thinly veiled racial attack, a view bolstered by the context which included Ryan referencing Charles Murray, co-author of the extremely controversial book on racial intelligence [...]

Farm Bill Passes Senate With Cuts To Food Stamps And Giveaways To Monsanto

By: Wednesday February 5, 2014 5:52 am

The Senate has passed the Farm Bill which includes $8 billion of cuts to food stamps and $7 billion of increases to agribusiness. President Obama has said he will sign it into law. Game over. The talking points on the bill are that it changes direct subsidies to farmers with increased crop insurance which is [...]

House Farm Bill Includes $8 Billion Of Cuts To Food Stamps

By: Monday February 3, 2014 10:30 am

After extensive negotiations and public shaming the House of Representatives did what it was going to do anyway and cut food stamps. So just be happy the bill only cuts food stamps by $8 billion instead of the $39 billion the Republicans initially wanted? Yes, in a time of record poverty and high unemployment one [...]

Maintaining Nuclear Arsenal To Cost $355 Billion

By: Thursday December 26, 2013 8:23 am

As unemployment benefits are set to expire Saturday for 1.3 million Americans the Congressional Budget Office (CBO) has produced an estimate for the costs of maintaining and modernizing America’s doomsday weapons – $355 billion. In these times is there a more telling comparison? Over one million Americans are casually tossed into the pain of poverty [...]

As Unemployed Lose Benefits DC Enjoys A Wonderful Year Of Patronage

By: Tuesday December 24, 2013 10:20 am

Thanks in part to the war economy give away/Ryan-Murray budget, the long term unemployed have lost their benefits and been left out in the cold this holiday season. Perhaps sometime next year they will get some of their benefits back though that may be too late to save them from the poverty they live on [...]

Cuts To Food Stamps Taking New Form, Eliminating Heating Subsidies Loophole

By: Tuesday December 10, 2013 8:38 am

While Congress may be interested in blowing over $600 billion to subsidize defense contractors in fighting the non-existent Soviet Union, the food stamp program is facing the knife. Now you might note that the Pentagon can’t account for trillions (with a t) of dollars and the fraud rate for SNAP is 1%, but whatever. We [...]

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 [...]

Extended Unemployment Benefits End January 1

By: Tuesday December 3, 2013 6:00 am

Lost in the drama in DC is that many of the programs being cut or eliminated affect real people. One such program is extended unemployment benefits for the long term unemployed. While Wall Street has rebounded the economy for the 99% remains depressed and stagnant. Extended unemployment is all that is keeping some families from [...]

support firedoglake
Follow FDL News Desk