Economy
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Wake Up Obama (Joel S. Hirschhorn)
Joel S. Hirschhorn -- World News Trust Aug. 15, 2010 -- If the United States is not kaput it is certainly withering away even as a rich upper class enjoys all the things that money buys. There is ...
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Errant Climate May Be Sign of Breakdown, Scientists Say (Charles J. Hanley)
Heat waves, fires, and floods fit their predictions Aug. 13, 2010 -- NEW YORK (AP) -- Floods, fires, melting ice, and feverish heat -- from smoke-choked Moscow to water-soaked Iowa and the High ...
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This Economy Stinks, Yes it Does (Dean Baker)
Aug. 10, 2010 (Truthout) -- If there were any doubts about the health of the economy, two reports issued in the last ten days should have eliminated them. First the second quarter GDP showed the ...
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U.S. Is Bankrupt and We Don't Even Know (Laurence Kotlikoff)
Aug. 10, 2010 (Bloomberg) -- Let’s get real. The U.S. is bankrupt. Neither spending more nor taxing less will help the country pay its bills. What it can and must do is radically simplify its tax, ...
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Four Deformations of the Apocalypse (David Stockman)
July 31, 2010 (New York Times) -- If there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing. The ...
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Three Days to Revolution (David Glenn Cox)
David Glenn Cox -- World News Trust Aug. 9, 2010 -- Rage is born of desperation; it is incubated and nurtured by ignorance and neglect. It is fathered by the unfeeling and uncaring, the safe and ...
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Nonfarm payrolls drop 131,000 in July (Greg Robb)
Private payrolls up 71,000, economists had been expecting growth of 100,000 Aug. 6, 2010 -- WASHINGTON (MarketWatch) -- U.S. employers continued to hire but at a sluggish pace that adds to pessimism ...
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Bageant, Chomsky featured in film (Ken Smith)
July 30, 2010 (JoeBageant.com) -- Joe Bageant is featured in a documentary film now in production, titled "The Kingdom of Survival," scheduled for release in November. Others in the film are Noam ...
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Why Socialism? (Albert Einstein)
This essay was originally published in the first issue of Monthly Review (May 1949). Is it advisable for one who is not an expert on economic and social issues to express views on the subject of ...
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Damn That Dick Nixon! (David Glenn Cox)
David Glenn Cox -- World News Trust July 19, 2010 -- We all know in the long history of our great nation that truly the most vile and wicked President to ever hold the keys to the Oval Office was ...
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Calling All Future-Eaters (Chris Hedges)
July 19, 2010 -- The human species during its brief time on Earth has exhibited a remarkable capacity to kill itself off. The Cro-Magnons dispatched the gentler Neanderthals. The conquistadors, with ...
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