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ALEC Wants Your Legislator's Loyalty -- And You Get to Foot the Bill

Dan Montgomery | Posted 03.11.2014 | Chicago
Dan Montgomery

The Guardian uncovered an internal ALEC document that proposed a "loyalty oath" that ALEC state chairs must take that states: "I will act with care and loyalty and put the interests of the organization first." That's right. They aren't supposed to put the interests of the taxpayers who elected them first.

Cuomo vs. de Blasio: The National Struggle Begins in New York

Richard Brodsky | Posted 03.10.2014 | Politics
Richard Brodsky

The sharp collision between Gov. Cuomo and Mayor de Blasio is echoing well beyond the borders of the Empire State. They have staked out sharply conflicting views of how to run an economy, and to the victor will go national credentials as the next wave of Democratic Party leadership.

Luke Johnson

Here Are All The Times Congress Screwed Americans This Year In The Name Of Austerity | Luke Johnson | Posted 01.23.2014 | Politics

WASHINGTON -- As the year winds to a close, Congress is cautiously celebrating passing a year-end budget that relieves just about a third of the seque...

Where Is the Rule of the Troika Leading Greece?

Constantine Tzanos | Posted 01.27.2015 | Home
Constantine Tzanos

Since 2010, Greece is under the rule of the Troika (IMF, European Commission [EC] , European Central Bank [ECB]), which rules under the terms of the ...

Drones in Yemen, Hunger Games in America, and Corporate Espionage

Dennis Trainor | Posted 02.16.2014 | Politics
Dennis Trainor

We hear the haunting yet absurd steps taken by the NSA to monitor citizens. Unfortunately for activists, revolutionaries, and other agents of social change, that's only the "state" prong of surveillance.

How to Destroy an Entire Country

Rep. Alan Grayson | Posted 02.13.2014 | Politics
Rep. Alan Grayson

So we cannot properly attribute the catastrophe in Greece to labor protection, nor can we attribute it to government borrowing. What is the cause, then?

Illinois Democrats Wage Class War

C. Robert Gibson | Posted 02.10.2014 | Chicago
C. Robert Gibson

Try and name one difference between the policies of Wisconsin Governor Scott Walker and Chicago Mayor Rahm Emanuel that isn't of importance to evangelicals -- I'll wait.

Austerity Is Not the Answer for the Eurozone

Iván H. Ayala | Posted 02.08.2014 | Impact
Iván H. Ayala

The reality is that the "austerity," imposed by elites and governments, has led us to an untenable macroeconomic situation.

Is Economics a Religion?

Steven Strauss | Posted 02.07.2014 | Politics
Steven Strauss

In theory, economists are rewarded for seeking the truth. In reality, many are rewarded for outlandish soundbites for "talking head" shows and supporting whichever special interest group pays them.

Social Security for the Life-Cycle

Alan A. Aja | Posted 01.27.2014 | Politics
Alan A. Aja

While we applaud Senator Warren and Paul Krugman for their unequivocal stance not to cut but to expand the benefits of social security, we believe we can be much bolder.

The Hunger Games Are Real: We Are the Districts

C. Robert Gibson | Posted 01.25.2014 | Politics
C. Robert Gibson

Only by winning elections at the local level, the state level, and the congressional level can we redistribute the wealth that the ruling class have unjustly stolen from those who worked to create it.

Janet Yellen Shames GOP For Austerity, Being Terrible

The Huffington Post | Mark Gongloff | Posted 11.14.2013 | Business

It looks like Janet Yellen will have no problem tackling one of Ben Bernanke's most important jobs: shaming Congress for ruining the economy. Yelle...

Defense Contractor Blames Austerity For Massive Job Cuts

Reuters | Karen Jacobs | Posted 11.14.2013 | Business

(Reuters) - Defense contractor Lockheed Martin Corp said on Thursday it plans to cut 4,000 jobs, or more than 3 percent of its worldwide workforce, t...

A Progressive's Notes for the Budget Conference Meeting Today

Rep. Raúl M. Grijalva | Posted 01.23.2014 | Politics
Rep. Raúl M. Grijalva

Our recipe for prosperity is simple: protect the safety net, stop the austerity, give the economy room to grow, and don't pursue further deficit reduction at the expense of national priorities. The question is whether budget negotiators will listen.

Dave Jamieson

Federal Workers Were Miserable Even Before The Shutdown | Dave Jamieson | Posted 11.12.2013 | Politics

WASHINGTON -- Federal workers are increasingly disenchanted with their jobs and frustrated by their stagnant pay and shrinking resources, according to...

The Bank Guarantee That Bankrupted Ireland

Ellen Brown | Posted 01.23.2014 | Business
Ellen Brown

The Irish have a long history of being tyrannized, exploited, and oppressed -- from the forced conversion to Christianity in the Dark Ages, to slave t...

How Do Those Germans Do It and What Does it Mean for the U.S.?

Jared Bernstein | Posted 01.23.2014 | Business
Jared Bernstein

Paul Krugman has a piece up today about how Germany's large and persistent trade surpluses play an important, destructive role in the slump in the rest of the Euro area -- essentially, they import much-needed labor demand from the rest of the zone.

How Republicans Have Trashed The Economy, In 1 Chart

The Huffington Post | Mark Gongloff | Posted 11.04.2013 | Business

The next time a Republican tells you government spending is out of control, the chart below is all you need to prove otherwise. The Financial Times...

Novo Nordisk CEO on Obamacare: "Get on with it"

Daniel Moulthrop | Posted 12.17.2013 | Politics
Daniel Moulthrop

The CEO of one of the world's largest health industry companies spent a few days in Cleveland this week. He had a simple message for US lawmakers when...

Can Obama Escape the Right-Wing Frame?

John O'Kane | Posted 01.23.2014 | Politics
John O'Kane

For Obama to be even mildly progressive on the economy he must make his rhetoric reality and break free from the conservative frame and avoid the perpetual right-wing austerity trap.

After Years of Austerity, It's Time for Germany to Push Growth in Europe

Nicolas Berggruen | Posted 10.10.2013 | Home
Nicolas Berggruen

Though the combined votes of the SPD, the Greens and the Left were greater than the votes for the CDU and its allies in the recent election, Angela Merkel for all intents and purposes has been given a mandate to continue her European policy that prioritizes austerity.

Debt-Ceiling Austerity

Charles Kolb | Posted 12.09.2013 | Politics
Charles Kolb

Has anyone thought that the current position of House Republicans on the debt-ceiling issue is really NOT a bluff? That it might be more than a short-term negotiating ploy?

Republicans Want Smaller Government? Opt-Out of Those Dirty Socialist Programs - What Is Stopping You?

Leslie K. Stein | Posted 01.23.2014 | Politics
Leslie K. Stein

We know the shutdown is not about fiscal responsibility. If it was, Republicans would not have run up the deficit under W by trillions of dollars with two unpaid wars, unpaid Medicare prescription plan, and the Bush tax cuts.

Here Is What The Job Market Would Look Like Today Without Austerity

The Huffington Post | Caroline Fairchild | Posted 10.09.2013 | Business

Republicans are threatening major future economic damage with a U.S. government shutdown and possible debt default. But their budget fights have alrea...

Tea Party: They Don't Believe in Science, They Don't Know History, They Don't Do Math -- But They Are Obsessed With Extremism

Leslie K. Stein | Posted 01.23.2014 | Politics
Leslie K. Stein

This conservative, austere budget has been rejected for months. Their goal is not really about defunding ObamaCare. Their goal was to force their extreme agenda onto the American people.