By Lawrence Porter, December 22, 2012
The Republican-controlled state legislature has passed a series of reactionary measures in its “lame duck” session.
By Barry Grey, December 22, 2012
Whether a budget deal is worked out before the New Year or after, it will initiate an assault on all that remains of the social reforms enacted in the last century.
By David Walsh, December 21, 2012
The jobs situation remains grim in the US. Data released by the Economic Policy Institute on December 19 indicate that more than one in eight workers will be out of a job at some point in 2013.
By Andre Damon, December 20, 2012
The Libor scandal has laid bare the rampant criminality in the operations of the world's major banks.
By Alexander Fangmann, December 19, 2012
Two recent reports reveal the extent of redistribution of city tax revenues to corporate interests while cuts to services deepen.
By David Brown, December 18, 2012
After years of demanding concessions from its workers, Awrey Bakeries is preparing to shut down production and lay off more than 200 workers.
By Barry Grey, December 14, 2012
The financial robber barons of today are a law unto themselves.
By Patrick Martin, December 14, 2012
Obama and a large group of top corporate executives are supporting a combination of minor tax increases on the wealthy and enormous spending cuts in social programs like Medicare and Social Security.
By Andre Damon, December 14, 2012
The Federal Reserve announced a significant expansion of its bond-buying program and low-interest-rate policy, in a move to prop up the assets of the super-rich.
By Barry Grey, December 13, 2012
The financial mafia that bestrides the American economy and controls the political system is, in practice, above the law.
By John Marion, December 13, 2012
The Democratic governor of Massachusetts, a close friend of the president’s, is calling for major cuts in social programs to close a state budget gap.
By Kevin Kearney, December 12, 2012
Bond insurers have filed a petition to force the city of Stockton to abrogate its pension obligations before filing for bankruptcy.