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Middle Class

Bernie Sanders: The Middle Class Today Is In Desperate Shape (VIDEO)

The Huffington Post | Posted 05.25.2011 | Politics

Sen. Bernie Sanders (D-Vermont) was on fire in his weekly YouTube video, "Senator Sanders Unfiltered." "The reality is that the middle class today ...

Tax the Rich to Fix the Economy

Bryan Young | Posted 05.25.2011 | Business
Bryan Young

We have a problem in our country and giving money to banks in the hopes that they'll give people more loans only exacerbates the problem. Why are we encouraging incurring more debt?

How to Live on $0 a Day: Top Gift Ideas for 2009

Lesley Stern | Posted 05.25.2011 | Comedy
Lesley Stern

If you happen to have some spare sanitary napkins around, or know where you can borrow some, you've got the makings for some cushy slippers with non-slip grip strips and a built in deodorant feature for fresh feet.

A Personal Appeal: The Middle-Class Health Tax Must Be Stopped

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

The so-called (and misnamed) "Cadillac tax" is unfair and unwise. It's also a political landmine for its supporters, and a political goldmine for those who oppose all health reform.

Lessons of November

Max Fraad Wolff | Posted 05.25.2011 | Politics
Max Fraad Wolff

I believe that hordes of voters went yesterday and voted for Republican candidates and discriminatory marriage platforms even though they voted for and like Obama. I also believe they are expressing an anger that liberal and conservative pundits alike do not understand.

Republicans Must Stop Playing Politics With Unemployment Benefits

Sen. Kirsten Gillibrand | Posted 05.25.2011 | New York
Sen. Kirsten Gillibrand

Rather than do what is right, Republicans did what was politically convenient, twice blocking the unemployment extension last week in an effort to derail other economic recovery programs.

Middle-Class Family Forced Into Homeless Shelter

The Huffington Post | Tam Vo | Posted 05.25.2011 | Impact

It's estimated that 7 million more homes are going into foreclosure, which is dramatically changing the the face of those who are without a place to l...

Goldman Sachs: Let Me Count the Ways You Offend Us

Marcella Mroczkowski | Posted 05.25.2011 | Business
Marcella Mroczkowski

How do you offend us, Goldman Sachs? Let me count the ways: nstead of investing that money to grow the economy you foster predatory lending to our more vulnerable citizens, to feed your derivative gambling.

Elizabeth Warren Talks Death Of The Middle Class On Morning Joe (VIDEO)

Posted 05.25.2011 | Politics

Elizabeth Warren, chair of the Congressional Oversight Panel created to monitor TARP and a Huffington Post blogger, appeared on MSNBC's Morning Joe ea...

America Without a Middle Class

Sen. Elizabeth Warren | Posted 05.25.2011 | Business
Sen. Elizabeth Warren

Can you imagine an America without a strong middle class? If you can, would it still be America as we know it?

I Am Not Paying Higher Taxes to Help the Uninsured

Blake Fleetwood | Posted 05.25.2011 | Politics
Blake Fleetwood

No social program -- Medicare, social security, rent control, public universities -- that aims to help the poor can ever succeed without appealing to, and paying off, a broad middle class.

How The Middle Class Got Squeezed: Charles Hugh Smith

DailyFinance | Charles Hugh Smith | Posted 05.25.2011 | Business

The current recession has stoked deep-seated fears about a declining middle class. A great collective anxiety about such a decline has been floating a...

Still No Windfall Profits Tax From Obama After Oil Tops $80 Per Barrel

Lloyd Chapman | Posted 05.25.2011 | Business
Lloyd Chapman

In the two years running up to the 2008 presidential election, President Barack Obama routinely promised to enact a windfall profits tax on the oil an...

The Middle Class Collapse

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Do the super-rich really earn their wealth? Financial wealth is a slippery concept especially as it slithers through a mountain of bailouts now running somewhere near $13 trillion.

The Mayor's Legacy Dilemma

Stuart Appelbaum | Posted 05.25.2011 | New York
Stuart Appelbaum

Bloomberg must begin to recognize that real prosperity doesn't trickle from the top down. The battle over jobs planned for the Kingsbridge Armory in the Bronx is his first challenge.

Goldman Sachs Seizing Homes Subprime Mortgages Bought

McClatchy | Greg Gordon | Posted 05.25.2011 | Business

Goldman spent years buying hundreds of thousands of subprime mortgages, many of them from some of the more unsavory lenders in the business, and packa...

Lessons From Letterman in Health Reform

Robert Reich | Posted 05.25.2011 | Politics
Robert Reich

If Obama doesn't weigh in forcefully and say "no" to the hush money arranged in January for Big Pharma, big insurance, and the AMA, America's middle class will get walloped. And so will he in 2012.

Health Insurance Companies Want Severe Penalites For People Who Do Not Buy Coverage

The Associated Press | By ERICA WERNER | Posted 05.25.2011 | Politics

WASHINGTON (AP)-- The health insurance industry doesn't want Congress to let you off easy if you decide to ignore a proposed requirement that all Amer...

Why President Obama's 'Taurus Tax' Is the Wrong Medicine

Drew Westen | Posted 05.25.2011 | Politics
Drew Westen

President Obama promised that there would be no middle class tax hikes on his watch. Apparently he's changed his mind.

The Ultra-Elite Versus The Poor

Douglas MacKinnon | Posted 05.25.2011 | Politics
Douglas MacKinnon

The more I "succeed" in life, the more I'm repulsed by the one-tenth of one percent "above" me and the more I long for the values, ethics, and unseen valor of the "unwashed masses."

Sell Off The Yarmulkes, Here Comes Chanukah!

Lita Smith-Mines | Posted 11.17.2011 | Healthy Living
Lita Smith-Mines

Anyone who doubts in the unraveling of the middle class is welcome to join my Chanukah celebration this year. Just please bring the latkes, no-drip candles, and some presents for the kids.

The Wild West of Credit Cards Can't Be Tamed by Laws Alone

Rep. Carolyn Maloney | Posted 05.25.2011 | Politics
Rep. Carolyn Maloney

It's the beginning of the end of wild-west business practices on the part of credit card issuers. The worst credit card offense -- rate hikes on existing balances -- stops today.

The Forbes 400 Shows Why Our Nation Is Falling Apart

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Collectively, the Forbes 400 have $1.57 trillion in wealth. It's hard to get your mind around a number like that. So let's imagine that it was available for the public good. What does $1.57 trillion buy?

O'Reilly Endorses Public Option, Which He Previously Called "Socialism"

Think Progress | Amanda Terkel | Posted 05.25.2011 | Politics

Last night on Fox News, Bill O'Reilly actually told a Heritage Foundation scholar who was fear-mongering government-backed health care that he favors ...

Obama Plans to Reform Economy, Not Just Health Insurance

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

The teabaggers are apoplectic because this isn't just about health care. This is about the values of a government.