Tag: economy

When government contractors spend money, the American taxpayer has to foot the bill. There should be a restriction on all political activities by corporations getting more than half their income from the federal government.

According to mainstream media, the current economic crisis in Greece is due to the government spending too much money on its people that it went broke. This claim however, is a lie. It was the banks that wrecked the country so oligarchs and international corporations could benefit.

Last week’s Supreme Court’s decision on fair housing is an important starting place if we want to reverse the vicious cycle of economic apartheid in America. Let's put an end to this racial segregation.

China and Russia appear to be joining forces in order to pursue economic endeavors in Europe and Asia. If this happens, and it is likely that it will, what will happen to the United States?

There is more mystery and nuance to the economic story than we are being told by the pundits. Here's the real story about debt, bubbles and a 35-year-long Ponzi Scheme.

Conservatives continue to claim that Medicare is running out of money and must be pared back. Medicare actually isn't the problem. The actual problem lies with healthcare coverage expected to rise steeply.

While it's a modern and more 'civilized' form of the American tradition of shortening the lives of poor minorities, racism has evolved into a more insidious form. But it still goes on.

When a big Wall Street bank pleads guilty to criminal felony charges committed, there seems to be no punishment that fits the crime. When real people plead guilty to felonies they go to jail, but nobody involved in bank crimes will see a day behind bars. Fair?

The way our country imprisons a staggering number of our people is wrong. Instead of mass incarceration, we need to stop wasting human talent and start opening doors to opportunity.

The government can't stop corporate crime until it starts charging the financial felons for the crimes they oversaw. It's time the banksters themselves feel the heat.