With Wall Street executives raking in windfall profits while the rest of the country staggered through a banker-caused recession, President Obama pledged to impose a tax on major financial firms to recoup bailout money.
The MTA's cuts, targeting students and seniors, are even worse than past "doomsday" scenarios, but the truth is, none of these cuts are necessary.
It took the Washington Post until almost a year after he left office to do it, but on its front page Jan. 2 the paper, which normally emphasizes happy economic news, printed a report that described the Bush years as the worst decade for the U.S. economy in modern times.
After coping with over $60 billion in budget shortfalls this year, Republican Governor Arnold Schwarzenegger is expected to propose draconian new budget cuts.
"War is subverting the domestic agenda," Dr. Prasad Venugopal told peace activists. "There is no room for despair in the peace movement because a lot of lives depend on it."
A coalition of 60 labor, civil rights and community organizations launched a campaign Dec. 16 to pressure Congress to "put America back to work" by passing legislation that creates millions of living-wage jobs.
Everyone knows Oakland, CA, is a diverse community. Probably more people from more races and nationalities live in the city than anywhere west of New York or north of Los Angeles
President Obama met today with the captains of Wall Street, whose names have become kitchen table curse words for millions of Americans facing foreclosures, layoffs and an uncertain future.
Over one million new public service jobs could be created at a cost of $40 billion according to the Economic Policy Institute in a report released on Monday.
When President Obama convenes a White House forum Dec. 3 to consider ways to create jobs, he should ponder a program that worked successfully for Minnesota in the 1980s.