But it has been artificially constrained from using that power by misguided economic dogma, dogma generated by the interests it serves. We have bought into the idea that there is not enough money to feed and house our population, rebuild our roads an
Starting at around 1:50, Greenspan states the odds of sequester occurring are very high - in fact, the playdough-faced ex-Chair-head notes, "I find it very difficult to find a scenario in which [the sequester] doesn't happen" But when asked how this
It reduces poverty and inequality. Recent studies continue to suggest that the decline in the minimum wage over the last thirty years has contributed noticeably to the rise in economic inequality, a rise that continues apace in post-recession Ameri
Sen. Bernie Sanders (I-Vt.) and Rep. Peter DeFazio (D-Ore.) today introduced legislation to modernize the U.S. Postal Service, save Saturday mail and repeal a crippling law responsible for 80 percent of the mail system’s funding woes.
President Barack Obama called for raising the federal minimum wage to $9 an hour and warned he’ll use executive powers to get his way on issues from climate change to manufacturing if Congress doesn’t act, laying out an assertive second-term agenda
Mark Levin was furious tonight over the destruction of this country by Democrats like Obama, Pelosi, and Reid and gutless Republicans who are not only complicit, but even now are still afraid to speak out about it:
Whole Foods CEO John Mackey — author of the new book “Conscious Capitalism” — was on Glenn Beck’s radio program on Thursday and unashamedly endorsed capitalism in an interview that will have capitalists and libertarians standing up and applauding.
After spending years dogged by unpaid debts, California labor leader Charles Valdes filed for bankruptcy in the 1990s—twice. At the same time, he held one of the most influential positions in the American financial system: chair of the investment com
Think you might someday get breast cancer? There's a quick fix for that: Chop 'em off! It's called a "preventive double mastectomy" and surgeons are right now successfully convincing women who don't even have breast cancer to have both their breasts
"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit. We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority.....
The US national debt is twenty times higher than is officially reported, approaching $222 trillion, and today’s children could soon be paying their parent’s debts, reputed American economist Laurence Kotlikoff told RT.
(Video) Even a fiat currency and the casino game of fractional reserve standards are not enough to cover the never ending greed. Banks use your deposited money plus imaginary reserve policy funds to make bad bets, and lose. But who really lost? Th
Despite optimism-mongering in the media and in certain quarters of Washington and elsewhere, we’ve had indication after indication in the economic data that whatever lousy progress has been made in nudging up GDP, American workers have not benefitted