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"So Rich, So Poor": Peter Edelman on Ending US Poverty & Why He Left Clinton Admin over Welfare Law

Wed, 23 May 2012 00:00:00 -0700

Democracy Now - By Amy Goodman - May. 23 (News Analysis) - Census data shows nearly one in two Americans live in poverty, and now the Congressional Budget Office warns things could soon get worse if President Obama and Congress remain at an impasse over the 2013 fiscal budget. House Republicans are calling for cuts to food aid, healthcare and social services, while protecting funds for the Pentagon.

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Advocates: '12 Budget Dance Has Heavier Beat

Mon, 21 May 2012 00:00:00 -0700

bkbureau.org - May. 21 (News) - After years of austerity, advocates say the annual ritual of protests against proposed cuts has taken on a more urgent tone.

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Obama says Romney would cut his own taxes while raising others’

Sun, 13 May 2012 00:00:00 -0700

PolitiFact - By Molly Moorhead - May. 13 (Fact Check) - President Barack Obama says Mitt Romney is the anti-Robin Hood. In a campaign speech in Columbus, Ohio, on May 5, 2012, Obama said the Romney's economic plan would raise taxes for millions of low-income Americans while cutting them for the wealthy.

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Frankenfoods: Why Is the Gates Foundation Helping Monsanto Push Genetically Modified Food?

Fri, 11 May 2012 00:00:00 -0700

AlterNet - By Paige Aarhus - May. 11 (Special Report) - serious concerns about viability, corporate dependency and health effects linger — even while leading research firms and NGOs do their best to smooth them over. Monsanto-patented seeds are usually costly, which has led to numerous accusations of exploitation and contemporary colonialism. But how long will these particular strains of seeds last? What are the guarantees? Critics fear dependence on corporate fertilizers and pesticides, the emergence of super-weeds and pests that can no longer repel GM varieties, and terminator seeds that only last for one planting season.

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For Some, Occupy Movement is a Test of Faith

Mon, 30 Apr 2012 00:00:00 -0700

City Limits - Apr. 30 (News) - Financial District — Thirty-two days after they had been evicted from their Zuccotti Park encampment in Lower Manhattan, approximately 1,000 Occupy Wall Street activists rallied together to take over another public space for their movement. They hoped to

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Bombs Not Food: Republicans Aim To Save Military By Cutting Food Stamps

Fri, 27 Apr 2012 00:00:00 -0700

Huffington Post - By Arthur Delaney, Michael McAuliff - Apr. 27 (News Analysis) - WASHINGTON -- The latest Republican plan to reconcile the budget and preserve defense spending extracts even deeper cuts from programs to help the poor and...

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Foxconn Workers Protest, Threaten To Jump Off Roof

Fri, 27 Apr 2012 00:00:00 -0700

Huffington Post - Apr. 27 (News Report) - Workers at a Chinese factory owned by Foxconn, Apple Inc's main manufacturer, threatened to jump off the roof of a building in a protest over wages just a month after the two firms announced a landmark agreement on improving working conditions. The protest happened in the central city of Wuhan at one of Foxconn's plants. The company employ some 1.2 million workers in China assembling iPhones and iPads, among other products. It involved some 200 workers, the Hong-Kong based activist group Information Centre for Human Rights said. A spokesman for Hon Hai Precision Industry, th

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What If the Greedy Rich Paid Their Share? 8 Things to Know About Wealth and Poverty in the US

Thu, 19 Apr 2012 00:00:00 -0700

AlterNet - By Les Leopold - Apr. 19 (News Analysis) - The wealth of the wealthy skyrocketed, not by accident, but by policy design. "Greed is good" replaced the middle-class American dream.

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Murder, Suicide and Financial Ruin: How the Class War Is Destroying Americans' Lives

Wed, 18 Apr 2012 00:00:00 -0700

AlterNet - By Mark Ames - Apr. 18 (News Report) - This past Thursday, a Modesto, California, man whose house was in foreclosure shot and killed the Sheriff’s deputy and the locksmith who came to evict him from his condominium unit. Modesto authorities responded by sending 100 police and SWAT snipers to counter-attack, and it ended Waco-style, with the fourplex structure burning to the ground with the shooter inside.

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The 10 States Taxing The Poor Most: 24/7 Wall St.

Sun, 15 Apr 2012 00:00:00 -0700

Huffington Post - Apr. 15 (Special Report) - the effort to reduce taxes on the poor has stalled, according to the CBPP. In 2011, no new states exempted working-poor families of four — the benchmark family unit used in the study — from income taxes. Worst still, in almost all 15 states, these taxes have increased.

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Occupy Sunset Park: Seeking Change in Many Languages | Brooklyn Bureau | News & Journalism, Citizen Commentary & Multimedia

Tue, 10 Apr 2012 00:00:00 -0700

bkbureau.org - Apr. 10 (News) -

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Obama Slams Ryan Budget: Social Darwinism

Tue, 03 Apr 2012 00:00:00 -0700

AlterNet - By Sarah Seltzer - Apr. 03 (News Report) - President Obama came out swingin on economic issues today in a speech, in a preview of the showdown we're soon to see as the election heats up. A particular target of his rhetoric? GOP budgetary darling Paul Ryan, whose plans amount to "Social Darwinism," the President said.

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How American Corporations Transformed from Producers to Predators

Mon, 02 Apr 2012 00:00:00 -0700

AlterNet - By William Lazonick - Apr. 02 (Special Report) - For the past three decades, top executives have been rewarding themselves with mega-million dollar compensation packages while American workers have suffered an unrelenting disappearance of middle-class jobs. Since the 1990s, this hollowing out of the middle-class has even affected people with lots of education and work experience. As the Occupy Wall Street movement has recognized, concentration of income and wealth of the top “1 percent” leaves the rest of us high and dry.

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Chinese Guest Workers Flee Living Hell in Jordan - Institute for Global Labour & Human Rights

Sat, 31 Mar 2012 00:00:00 -0700

globallabourrights.org - Mar. 31 (Investigative Report) - While young Chinese women guest workers are fleeing the grueling 93-hour workweek at the Rich Pine Factory, the Jordanian Ministry of Labor has rewarded Rich Pine its "Golden List" status, placing it among the very best export garment factories in Jordan.

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Rep. Paul Ryan is Marie Antoinette

Tue, 27 Mar 2012 00:00:00 -0700

care2.com - By Paul Canning - Mar. 27 (Special Report) - His budget is full of tax cuts and programs to make the rich richer. How much does he think the aristocracy needs? Marie Antoinette Ryan gives his buddies a whopping $4.3 TRILLION in tax cuts. Why? Writes Dana Milbank in a column for The Washington Post: Ryan’s justification was straight out of Dickens. He wants to improve the moral fiber of the poor. There is, he told the audience at the conservative American Enterprise Institute later Tuesday, an “insidious moral tipping point, and I think the president is accelerating this.” Too many Americans, he said, are receiving more from the government than they pay in taxes.

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Goldman Sachs Takeaway: Fix Our Financial System or Get Ready for the Next Horrific Collapse

Sun, 18 Mar 2012 00:00:00 -0700

AlterNet - By Marshall Auerback - Mar. 18 (Special Report) - Only an overhaul in our broken banking and financial system will prevent the next collapse. Goldman Sachs' misdeeds are merely a symptom of a much bigger problem.

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As NYCHA Seeks Flexibility, Tenant Advocates ConcernedCityLimits.org

Tue, 13 Mar 2012 00:00:00 -0700

City Limits - Mar. 13 (News) - The city's public housing agency wants rules relaxed to allow creative budgeting. But advocates for residents want stronger assurances that financial flexibility won't come at the cost of tenant rights.

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Years of Warnings, Then a Boy’s Death

Tue, 13 Mar 2012 00:00:00 -0700

City Limits - Mar. 13 (News) - Norwood — This is the second chapter in a five-chapter story. Click here to see the rest of the series. But the fire that took 8-year-old Jashawn Parker in the late evening of Aug. 6, 2002, on a typically dense northwest-Bronx block somehow never got muc

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White conservative manhood crisis

Thu, 08 Mar 2012 00:00:00 -0800

Salon - Mar. 08 (News Analysis) - Rush Limbaugh and Rick Santorum’s attacks on women’s reproductive rights didn’t happen in a vacuum. They’re part of a larger conservative backlash against women, minorities and the poor.

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The .0000063% Election

Thu, 16 Feb 2012 00:00:00 -0800

nationofchange.org - Feb. 16 (News Analysis) - At a time when it’s become a cliché to say that Occupy Wall Street has changed the nation’s political conversation -- drawing long overdue attention to the struggles of the 99% -- electoral politics and the 2012 presidential election have become almost exclusively defined by the 1%. Or, to be more precise, the .0000063%. Those are the 196 individual donors who have provided nearly 80% of the money raised by super PACs in 2011 by giving $100,000 or more each.

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Signs Your Pension Plan Is in Trouble

Mon, 13 Feb 2012 00:00:00 -0800

finance.yahoo.com - By Ellen Schultz - Feb. 13 (Special Report) - Your pension plan might be fat and happy, but if another company takes over your employer—and your pension—it can legally use the assets in your plan to top off an underfunded plan of its own. This strategy, though legal, is one of the quickest ways for your pension to go from healthy to distressed.

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Van Jones: Bank Settlement: $25B Down, $675B to Go

Sun, 12 Feb 2012 00:00:00 -0800

readersupportednews.org - By Van Jones - Feb. 12 (News Analysis) - 'We must not forget the more than 14 million homeowners (one in five) whose homes are underwater, beneath a crushing total $700 billion in negative equity. We must not forget the more than 4 million families who have lost their homes.' Van Jones, Reader Supported News

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Mind-Blowing Charts From the Senate's Income Inequality Hearing

Fri, 10 Feb 2012 00:00:00 -0800

Mother Jones - By Josh Harkinson - Feb. 10 (News Report) - In another sign that Democrats have embraced income inequality as a cause célèbre, the Senate Budget Committee held a hearing on the subject today. The committee's ranking Republican, Jeff Sessions of Alabama, managed to look concerned during two hours of testimony about the kneecapping of the Middle Class—not that it should have been all that difficult. Here are some of the hearing's most striking charts ...

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57% of Republicans Should Just Be Democrats

Sat, 04 Feb 2012 00:00:00 -0800

readersupportednews.org - By Andrew Belonsky - Feb. 04 (Poll) - 'The White House hopeful should really consult with his party's less fortunate members: according to a Pew Research poll, 57% of lower-income Republicans - families that make less than $30,000 annually - think the government does 'too little' for their ranks.' Andrew Belonsky, Death and Taxes

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6 Shocking Ways Capitalism Is Failing Working America

Wed, 01 Feb 2012 00:00:00 -0800

AlterNet - By Les Leopold - Feb. 01 (News Analysis) - Capitalism is coming apart at the seams and the middle-class is paying the price.

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