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OPINION AND EDITORIAL
WHAT HAPPENS WHEN NATIONS CUT TAXES ON THEIR RICHEST CITIZENS?
Not what some might think


August 16, 2012

News & Opinion by Sam Pizzigati



(NATIONAL) -- What happens when nations cut taxes for their richest citizens?

Economists Thomas Piketty and Emmanuel Saez, two of the world's most respected authorities on the incomes of rich people, have a straightforward answer: In nations that slash tax rates on high incomes, the rich significantly increase their share of national income.

Read more...

THE AUDACITY OF WTF
Billionaires buying
civic mindshare


May 26, 2012

We’re getting used to what’s been going on during this campaign.  That’s dangerous.  We should be reminding ourselves just how strange it is.

Start with this: Billionaires are buying civic mindshare.

That’s right. A web of plutocrats, guided by a cadre of Karl Roves, is backing their ideal front man, Mitt Romney. Thanks to Frank Luntz, their class is known as the jobs creators, rather than, say, the Robber Barons, and pointing this out is known as class warfare.


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THE COMMENCEMENT ADDRESS NO ONE WILL GIVE THIS YEAR

May 24, 2012

Opinion
By Robert Reich


Members of the Class of 2012,

As a former secretary of labor and current professor, I feel I owe it to you to tell you the truth about the pieces of parchment you’re picking up today.

You’re f*cked.

Well, not exactly. But you won’t have it easy.

First, you’re going to have a hell of a hard time finding a job. The job market you’re heading into is still bad. Fewer than half of the graduates from last year’s class have as yet found full-time jobs. Most are still looking.


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LOOK WHAT’S COMING WHEN YOU RETIRE:
INDENTURED SERVITUDE
Social Security money garnished over old student debts


May 20, 2012

By Ellen Brown


The Social Security program ... represents our commitment as a society to the belief that workers should not live in dread that a disability, death, or old age could leave them or their families destitute.  -President Jimmy Carter, December 20, 1977.


[This law] assures the elderly that America will always keep the promises made in troubled times a half century ago ... [The Social Security Amendments of 1983 are] a monument to the spirit of compassion and commitment that unites us as a people.    - President Ronald Reagan, April 20, 1983.

So said Presidents Carter and Regan, but that was before 1996, when Congress voted to allow federal agencies to offset portions of Social Security payments to collect debts owed to those agencies. (31 U.S.C. §3716.) Now, we read of horror stories like this:

Read more...

THE ARGUMENT FOR MORE SCHOOL OPTIONS
Study shows most state residents favor charter schools


April 13, 2012

As we move into the twenty-first century, the growth of individualized services is one very clear trend. Most aspects of our lives are improved with customization to meet our needs—our phones, our banking, our insurance, our software, and even our employment arrangements are much more adaptable. Education services, however, have been surprisingly resistant to change.

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Today's Cartoon
By Dan Rosandich
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