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Archive for April 7th, 2013
Amazing News Story: What Story is Missing in this Picture?
Posted in corruption, income redistribution, the Rigged Game, Uncategorized, tagged CNN, Nepal, Noisy bags, Sunchips, vehicle, Wolf Blitzer on Jpm4000000pmSun, 07 Apr 2013 17:38:19 +000013 10, 2010| 1 Comment »
Why Aren’t There Prosecutions of Wall Street Criminals? Ask Larry Breuer
Posted in income redistribution, Politics, the Rigged Game, Uncategorized, wealth redistribution, tagged Department of Justice, Lanny Breuer, lobbyist, Wall Street on Jpm4000000pmSun, 07 Apr 2013 17:33:39 +000013 10, 2010| 1 Comment »
Warning From the Economic Policy Institute (EPI): Jobs Growth Sucks!
Posted in corruption, Economics, recession, income redistribution, Uncategorized, wealth redistribution, tagged 2013, Economic Policy Institute, growth, jobs, March on Jam4000000amSun, 07 Apr 2013 07:30:52 +000013 10, 2010| Leave a Comment »
A robust jobs recovery remains out of reach. The March jobs report released by the Bureau of Labor Statistics last showed job growth of 88,000 in March—far lower than the 2012 average increase of 183,000.
“This morning’s jobs report was a big, negative surprise and underscored that a robust jobs recovery, even now, has not yet solidified,” said EPI economist Heidi Shierholz. At 168,000 per month, the average growth rate of the first quarter is not even close to adequate; at that rate, we would not return to the prerecession unemployment rate until late 2019. Additionally, although the unemployment rate ticked down to 7.6 percent in March, the decline is due to people dropping out of the labor force. In fact, the labor force participation rate dropped to its lowest point of the downturn, 63.3 percent.
The Rigged Game: Corporate America and A People Betrayed
The Rigged Game: Corporate America and a People Betrayed
Wall Street is up to no good, and has been since 1980, when it took over the Republican Party, and then the Democratic Party in 1994. Income has been massively redistributed from the 99 to the 1 percent via legislative scam after scam, from tax cuts for the rich to international income redistribution schemes falsely labeled as trade agreements. In The Rigged Game, John Hively exposes how this has all come about starting with a revolutionary, but simple reality, all recessions begin in the financial markets.
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