Poll: Less than 3 in every 20 Americans have faith in govt.: A recent poll suggests that only 14 percent of Americans have complete faith in the United States government and the way it functions. Citigroup Warns Customers It May Refuse To Allow Withdrawals: The image of banks locking their doors to keep customers from making withdrawals during a bank run is what immediately came to mind when we heard that Citigroup was telling customers it has the right to prevent any withdrawals from checking accounts for seven days. Doomsday Predictions Tax Illinois: The state’s red ink has already caused a backlog of unpaid bills to public universities and schools, transit systems and social service
Tuesday, 23 February 2010
By Martin D. Weiss, Ph.D.
If you thought Wall Street’s debt crisis was traumatic, wait till you the see the consequences of Washington’s debt crisis! Never before in history has a world power like the U.S. been so utterly buried in debt! And never before has that debt been financed so massively by foreign investors!Continue
By David Michael Green
You gotta hand it to the agents of the regressive right for playing the weakest imaginable hand so well. I’m talking about the Lee Atwaters and Frank Luntzs of the world, who both understand human psychology (read fear) and are absolutely pitiless about employing it for purposes of assisting the rich and powerful in raping the rest of us. Continue
By Federico Fuentes, Caracas
The campaign for the September 26 National Assembly elections will be a crucial battle between the supporters of socialist President Hugo Chavez and the US-backed right-wing opposition. But these battles, part of the class struggle between the poor majority and the capitalist elite, will be fought more in the streets than at the ballot box. Continue
By Chris Hedges
Workers in our corporate state earn little when they work—Henderson made $18 an hour—and they are abandoned when they can no longer contribute to corporate profits. It is the ethic of the free market. It is the cost of unfettered capitalism. And it is plunging tens of millions of discarded workers into a collective misery and rage that is beginning to manifest itself in a dangerous right-wing backlash. Continue
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