Economy In Crisis

Important Daily News You Need to Know, Today's Issue: Foreign Lobbyists

Craig Harrington — Wed, 27 Oct 2010 19:18:05 +0000

There are nearly 11,000 registered lobbyists in our nation’s capital in 2010. Despite the ongoing recession, these lobbyists have already spent nearly $1 billion pushing their agendas on Capitol Hill and at the White House.

2:16 Minute Video

Retail Lobby Releases Bogus Study to Deter VAT

Dustin Ensinger — Wed, 27 Oct 2010 16:40:47 +0000

Because it would tax consumption, a VAT would penalize spending and reward saving. American goods and services would be on par with their foreign counterparts and allow U.S. businesses to compete on a level playing field.

Democracy No More

Thomas Heffner — Wed, 27 Oct 2010 16:27:32 +0000

A Plutocracy is a government run by the rich, for the rich, which is exactly where the U.S. is heading.

Two Decades of Greed - The Unraveling

Jim Quinn — Wed, 27 Oct 2010 16:05:22 +0000

Rhetoric does not translate into action. Politicians have always been good at following through on promises that buy them votes. The tough stuff can be pushed off to the next guy.

Income Inequality in America Continues to Grow

Dustin Ensinger — Wed, 27 Oct 2010 14:35:04 +0000

The disparity between the rich and the poor has reached such a high level that the United States is now in the same category as developing Third World countries such as the Ivory Coast, Jamaica and Malaysia, the report indicated.

Losing Our Democracy to Plutocracy

Robert Reich — Wed, 27 Oct 2010 13:28:03 +0000

Bio: Former U.S.
Secretary
of Labor

The perfect storm: an un- precedented con- centration of income and wealth at the top; a record amount of secret money flooding our democracy; and a public becoming increasingly angry and cynical about government. We’re losing our democracy to a different system. It’s called plutocracy.

Time for America to Face Reality

Joshua Sanders — Wed, 27 Oct 2010 13:00:00 +0000

Most of us were raised under the notion that America is the greatest country on earth. No country in history ever gained from ignoring dissenting opinions or alternative conclusions. The reality is America can no longer afford to ignore criticism.

Some American Icons are Foreign Owned

Dustin Ensinger — Wed, 27 Oct 2010 12:19:38 +0000

After years of failed “free trade” policies and little oversight or protection of America’s most vital companies, tens of thousands of domestic corporations have been purchased by foreign interests, putting some of America‘s most famous brands in the hands of foreign corporations.

Three Ways to Put America Back to Work Now!

Chaz Valenza — Tue, 26 Oct 2010 18:45:05 +0000

And, what has our govern- ment done to get us back to work? Nothing. The Congress has done nothing. The White House has done nothing. The Chamber of Commerce has done nothing. The Democratic, Republican, Green, Liberal, Socialist, Tea parties have done nothing.

Ford Benefiting From Free Trade

Dustin Ensinger — Tue, 26 Oct 2010 18:39:25 +0000

While Ford Motor Company is having perhaps its best year of the decade, and CEO Alan Mulally is being hailed as a savior of the company, the company’s successes have come at the expense of American workers.