The populist outrage over AIG bonuses, and bailouts that seem to pay off the perpetrators of the financial crisis — while millions are left out of work with no medical benefits, and unemployment benefits running out long before job growth returns — is heading towards a social and political, not just economic, tipping point.
No group of Minnesotans are more qualified to comment on the challenges of delivering public services during a period of diminishing resources than our state’s city mayors. Minnesota 2020, in partnership with the Coalition of Greater Minnesota Cities, and Macalester College, surveyed 43 greater Minnesota mayors about the critical issues facing Minnesota cities.
Secretary of the Treasury Timothy Geithner unveiled the latest and most expansive bank rescue plan to date since the global financial crisis began to deepen in August 2007.
Because of the election of Barack Obama, the American people in their great majority have a leg up, but there is still a long way to go. To his credit, the new president is off to a quick start. In less than three months in office he has:
Last fall, Congress approved $770 billion to stave off financial collapse, to free up credit, to staunch the hemorrhage of layoffs and foreclosures. But the layoffs and foreclosures have gotten worse. The nation’s economy continues to plummet. What happened?
Gregory Robinson is dead. Shot in a car. He threw himself on a baby in the back seat while the gun fired from an unknown assailant. He was only 14. His family said he died a hero. He’s the 28th Chicago Public School student to be killed by gun fire this school year.
We knew that 2009 would be a historic year, with the inauguration of the first African American president and the deepening of what is likely to be the most serious fiscal crisis since the Great Depression.
The Southern Poverty Law Center released a bombshell of a report last month entitled “The Nativist Lobby, Three Faces of Intolerance.” The report is a bombshell because it ties three leading “immigration reduction” groups to a single founder with racist and extremist views: John Tanton. It rips off any mainstream façade these groups have carefully created.
Prensa Latina -- Last Monday the 9th, like all the rest, was a marvelous day of contradictions for developed capitalism in the midst of its incurable crisis.
The 200th anniversary of the birth of British naturalist Charles Darwin, together with the upcoming 150th anniversary of his book “The Origin of the Species” has motivated more interest in the Theory of Evolution. It’s also highlighted the need for more science education.