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| Taking a Closer Look at the Stories Ignored by the Corporate Media |
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Archive for the Month of January, 2006.
Viewing Economics NEWS articles 1 through 25 of 25.
- No doubt, the mainstream media often LIES. I could go over examples ad nauseum. But more often than not, they merely massage the truth. - Millionaires will receive an average tax cut of $19,000 a year when the two provisions are wiped out, the Center on Budget and Policy Priorities said. The center added that this comes on top of an average tax cut of $103,000 that millionaires received in 2005 because of other tax cuts adopted since 2001.
- Rather than accept cheap diesel from Venezuela, the city chose to raise commuting costs for low-income residents. - The Swedish Prime Minister, Göran Persson, has founded a non-political committee with the intent of making Sweden fossil fuel-independent by 2020. - The rich and privileged in our government and big banks don't have a clue how most working American families exist.
- Peak oil is most likely a term most readers have not heard before. That is about to change. The concept is slowly making its way onto the mainstream stage. It is intruding into the fringes of the public conscience and soon it may occupy the greater part. When that time comes, as it inevitably will, and probably sooner than you think, the world as we know it will end.
- The US pension systems for workers are now widespread disasters. - It is estimated that 33 million Americans continue to live in households without an adequate supply of food.
- ...fact cannot be escaped that government action needs to be taken at the nation state and, more importantly, global levels.
- Standing in the way of minimum justice for workers are the big corporate lobbies, their trade associations in Washington, DC and their political slush funds for the politicians. Changes have to begin with the indignation of the millions of deprived workers who have contributed to the doubling of labor productivity since 1969 but are receiving less by way of inflation-adjusted returns.
- ...it's never been easier to show why the tax cuts were closer to the worst thing for the economy, if it's ordinary Americans' well-being you're worried about (as opposed to shareholder comforts).
- The economic effects of peak oil go far beyond spending more at the pump. - The rush of indebted consumers to file bankruptcy before a tough new law took effect pushed personal filings for 2005 to their highest annual level on record — more than 2 million, according to new data.
- ...the current path -- continually expanding our use of oil on the assumption that the Earth will yield whatever quantity we need -- is irresponsible and reckless.
- Millions of Americans saw their living conditions drastically decline in 2005. For the US working class, four years of a supposed economic recovery celebrated by Wall Street have translated into rising expenses, stagnating real wages and record debt.
- ...the most basic of the foundations of our assumptions of future economic wellbeing is rotten. Our society is in a state of collective denial that has no precedent in history, in terms of its scale and implications.
- For "our" Establishment press and book trade, the trick is to use free market ideology to justify America’s Rightist approach and deride those of our geopolitical competitors. The trouble is that free markets and free trade are inadequate to the realities of Peak Fossil Fuels and the gap is widening all the time. - Be aware - we stand at the threshold of total ruin - the international bankers and war profiteers care little for our lives and families - these demons worship money and all things vile and evil - they have very much to gain from war, misery, disease, famine, chaos and death (our deaths).
- This article posits two main assumptions: (i) that global “peak oil” is fast approaching its optimum level, and (ii) that the Bush administration’s jingoism is directly correlated to US efforts at dominance over strategic oil supplies. - Here in my state poverty is RAMPANT. There are no jobs of any decent calibur, only WalMart, McDonalds and the like. The majority of people can afford to shop only at THE DOLLAR GENERAL STORE or THE FAMILY DOLLAR STORE, living on minimum wage barely pays the bills.
- New government data indicate that the concentration of corporate wealth among the highest-income Americans grew significantly in 2003, as a trend that began in 1991 accelerated in the first year that President Bush and Congress cut taxes on capital. - Can't pay your student loan on time? The fat cats at Sallie Mae are so glad to hear it. - The report maintains that insurers then used the overstated figures to justify increases in doctors' premiums and pressure legislators to enact lawsuit restrictions.
- US Plan for the "Great Middle East"
- by Michael Parenti - A central function of the corporate capitalist state is to maintain and advance the capital accumulation process. This it does by (a) taxing the many to subsidize the few; and (b) privatizing the public wealth, specifically the land, airwaves, mineral deposits, and other natural resources that are nominally the property of the American people.
Pages for January, 2006
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