As a recent Congressional Budget Office report put it, “Recessions often accelerate the demise or shrinkage of less efficient and less profitable firms, especially those in declining industries and sectors.” via The Growing Underclass: Jobs Gone Forever – Economix Blog – NYTimes.com.
Category Archives: CurrentEvents
Michael Geist – ACTA Guide, Part Five: Speaking Out
The 7th round of ACTA negotiations will conclude around lunch time today in Mexico. If past meetings are any indication, a few hours later the participating countries will issue a bland statement thanking the host Mexican government, discussing the progress on civil enforcement, border measures, and the Internet as well as noting the transparency discussionsContinue reading “Michael Geist – ACTA Guide, Part Five: Speaking Out”
Howard Zinn, R.I.P. :(
Historian Howard Zinn has died at age 87. Zinn was best known for A People’s History of the United States, which turned the glossy, textbook version of American history on its head by pointing out that far from being an unbroken chain of political and economic progress, our history was one of conflict along class,Continue reading “Howard Zinn, R.I.P. :(“
Oregonians Vote to Raise Taxes on Rich, Corporations
Too bad it can’t happen here. Oregon voters bucked decades of anti-tax and anti-Salem sentiment Tuesday, raising taxes on corporations and the wealthy to prevent further erosion of public schools and other state services. The tax measures passed easily, with late returns showing a 54 percent to 46 percent ratio. Measure 66 raises taxes onContinue reading “Oregonians Vote to Raise Taxes on Rich, Corporations”
Elizabeth Warren on The Daily Show
Elizabeth Warren was on The Daily Show again last night. The discussion was short but pertinent. Her day job is Leo Gottlieb (IDK what that means) Professor of Law at Harvard Law School, but right now she is the chair of the Congressional Oversight Panel created to investigate the U.S. banking bailout (aka TARP). http://media.mtvnservices.com/mgid:cms:item:comedycentral.com:262695
