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I Couldn't Afford to Go to Work Today

It's crazy, but it's true: I could not afford to go to work today.I have a 45-minute commute to and from work, which costs me about ten dollars in gas each day. I'm down to six whole dollars, after...

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Yves Smith: "The Top Twelve Reasons Why You Should Hate the Mortgage Settlement"

(Author’s Note: Naked Capitalism Publisher Yves Smith has provided written authorization to the author to reproduce her blog’s posts in their entirety for the benefit of the Daily Kos community.) The...

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Kill the Bank Foreclosure Deal Now

The most dangerous political agenda on the horizon today is the sweetheart deal that the banks are about to get in the foreclosure settlement package.  If this deal goes through it will have widespread...

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156bn banker bonuses... 25bn to homeowners

In 2010, 135 billion USD in compensation was paid out to those jolly bankers. That amount is expected to increase to 156 BILLION dollars for the hard work they performed in 2011. Perhaps that bonus...

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In '12, 70% of Companies Have Posted "Better-Than-Expected Results" As Wages...

The two-headed demon trend of increasing corporate profits and declining wages has shown little sign of abatement, according to the latest numbers:The year-over-year change in the so-called core...

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How Goldman Sachs Helped Greece Hide Its Debt & Made 2.8 Billion € Disappear

In 2003, Nick Dunbar exposed how Goldman Sachs was working to conceal the size of Greece's debt in order to help Greece qualify for inclusion in the European Union.At the time, Greek and financial...

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Our Party's Road To Hell Is Paved With Income Inequality

Based upon the results of a Senate cloture vote on the Buffett Rule (i.e.: “Paying a Fair Share Act,” and/or S.2230), late Monday, what passes for so-called, two-party governance in America these days...

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1% Want To Steal Your Social Security, Pres. Obama Is Helping Them

Practically since the modern social safety net was created wealthy, powerful right-wingers and organizations have been trying to kill it.  In recent years, those right wing forces have had a lot of...

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Unemployment benefits end for hundreds of thousands, but unemployment doesn't

Long-term unemployment benefits are being reduced faster than the number of long-term unemployed. Say goodbye to the 99ers. The budget deal Congress made in February is taking its toll on the long-term...

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Detailed Analysis of ACA Below: Funded by $2Billion of "Otherwise Not Used"...

NOTE:  This was written before the Public Option was taken off the table.  Much of analysis covers the Exchanges still in place as of June, 2012.The comments are as important and add to the analysis....

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OBAMACARE Will Congress Fund the $2Billion Start Up Fund? Approve Appointees?

Back in September, 2009 I read and provided an Analysis of The House Bill called:  “America’s Affordable Health Choices Act of 2009”You will find that analysis, and the attached comments which add a...

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FDR on Wages, Economics, Political Fights & Human Rights

I'm trying to do my part to assist in the day of action. Click "JOIN US" to your left to sign an online petition supporting raising the minimum wage, and enjoy these historical quotes from one of my...

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