The Dangers of High-Frequency Trading by SARAH ANDERSON The power suits making billions off the stock market are always trying to assure us that their trading serves a socially redeeming purpose. They steer money to companies and industries that make… Read More ›
Economy
The Subsidized Student Loan Scam
How the US Government is Profiteering Off of Struggling Students by DAVE LINDORFF The Senate is currently deadlocked on taking action to prevent the interest on new Stafford guaranteed student loans from rising on July 1 from 3.4% to 6.8%,… Read More ›
Fascism rises from the depths of Greece’s despair
A neo-Nazi party that wants work camps for immigrants is on course to win its first seats in parliament on Sunday by Daniel Howden It started, as many days do in Greece, with a trip to the kiosk to buy… Read More ›
Organizing Against Bank of America
by LAURA GOTTESDEINER This week, thousands are descending on North Carolina for the Bank of America shareholders’ meeting. The protest comes on the heels of the successful Wells Fargo shareholder event in San Francisco, where thousands of protesters shut down… Read More ›
S. Korea says new cruise missiles a warning to North
SEOUL, South Korea (AP) – South Korea unveiled new cruise missiles on Thursday that it said could hit any target in North Korea, and warned Pyongyang it would immediately retaliate against any provocation. The announcement follows a failed North Korean… Read More ›
Venezuela’s Minimum Wage to Rise 32.25% in 2012
By Ewan Robertson Mérida, 9th April 2012 (Venezuelanalysis.com) – Venezuela’s national minimum wage is to increase 32.25% in 2012, announced Venezuelan President Hugo Chavez on Saturday. In a televised address from Miraflores presidential palace in Caracas, Chavez explained that the… Read More ›
The Violence of Poverty
by ALYOSHA GOLDSTEIN On April 22, 1968, the National Welfare Rights Organization held a vigil on Capitol Hill in honor of Martin Luther King, Jr., who had been murdered eighteen days earlier. This was to have been the day that… Read More ›
Data Mining You
by Tom Engelhardt I was out of the country only nine days, hardly a blink in time, but time enough, as it happened, for another small, airless room to be added to the American national security labyrinth. On March 22,… Read More ›
Suspicious school test scores across the nation
By Heather Vogell, John Perry and Alan Judd and M.B. Pell The Atlanta Journal-Constitution Suspicious test scores in roughly 200 school districts resemble those that entangled Atlanta in the biggest cheating scandal in American history, an investigation by The Atlanta… Read More ›
Gas prices rising: Why GOP won’t address real cause
Gas prices are rising not because of increased demand but because Wall Street is betting on higher gas prices. By Robert Reich, Guest blogger Gas prices continue to rise, which is finally giving Republicans an issue. Mitt Romney is demanding… Read More ›
Coal deals scandal robs India of billions
Mark Magnier, London March 24, 2012 DELHI: India’s parliament erupted in hoots and jeers after a draft report by government auditors estimated the national treasury lost 10,670 billion rupees ($197 billion) by selling coalfields to private excavation companies in sweetheart… Read More ›
Review of “The Hunger Games”
Introduction The Hunger Games (2012), based on the book of the same name by Suzanne Collins, is not an easy film to watch. It follows the story of an adolescent girl named Katniss (Jennifer Lawrence) made to fight in a… Read More ›
There Are 24 Empty Houses for Every Homeless Person in America
18.6 Million Empty Houses in America That is what the census says. Andrew Leonard in Salon notes that it is a bit misleading, that “4.7 million are for “seasonal use” only, the Census tells us — unoccupied vacation homes, in… Read More ›
Modern Chain Gangs: the Profitability of Prison Labor Today
States are increasingly utilizing prison labor to plug budget holes, but public employee unions aren’t happy. BY: Russell Nichols The Cañon City Correctional Complex in southern Colorado is a veritable city of prisoners. More than 8,000 inmates are housed in… Read More ›