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Entries by Robert Reich from 11/2011

Greece's Choice -- And Ours: Democracy Or Finance?

| Posted 11.01.2011 | Business

Greek PM George Papandreou decided in favor of democracy yesterday when he announced a national referendum on the draconian budget cuts Europe and the IMF are demanding from Greece in return for bailing it out.

Washington Pre-Occupied

| Posted 11.04.2011 | Politics

Until we reverse the trend toward inequality, the economy can't be revived. But the biggest question in our nation's capital right now has nothing to do with any of this.

The Corporate Pledge of Allegiance

| Posted 11.08.2011 | Business

If the Supreme Court and the GOP insist big corporations are people and want to treat them as American citizens, then why not demand big corporations take a pledge of allegiance to the United States? Here is what it might look like.

Trigger Happy: Why Deficit Cuts Should Be Triggered Only When Unemployment Drops to 5 Percent

| Posted 11.11.2011 | Politics

On planet Washington, where reducing the deficit is still more important than creating jobs, no one is talking about the most obvious policy trigger of all -- no budget cuts until the official level of unemployment falls to 5 percent, its level before the Great Recession.

Why We May Be In Store for a Passionless Presidential Race

| Posted 11.11.2011 | Politics

It's very likely that in 2012 we'll be left with two presidential candidates who don't inspire -- at the very time in American history when Americans crave inspiration.

Occupiers Occupied: The Hijacking of the First Amendment

| Posted 11.16.2011 | Politics

According to the SCOTUS, money is now speech and corporations are now people. But when real people without money assemble to express their dissatisfaction with the political consequences of this, they're treated as public nuisances and evicted.

Stop the Austerity Train Wreck!

| Posted 11.18.2011 | Politics

2011-11-18-supercommitte.jpgThe biggest question right now on Planet Washington is whether the congressional supercommittee will reach an agreement. That's the wrong question.

The First Amendment Upside Down: Why We Must Occupy Democracy

| Posted 11.22.2011 | Politics

The First Amendment is being stood on its head. Money speaks, and an unlimited amount of it can now be spent bribing and cajoling politicians. Yet peaceful assembly is viewed as a public nuisance and removed by force.

Restore the Basic Bargain

| Posted 11.28.2011 | Business

Corporate profits are up right now largely because pay is down and companies aren't hiring. This is a losing game even for corporations over the long term. Without enough American consumers, their profitable days are numbered.