Robert Naiman: Obama Should Name Paul Krugman Treasury Secretary
Many American liberals and economic populists are on guard in the wake of the fiscal cliff deal between Congress and the President on taxes and revenue, because what Washington expects to negotiate in the next two months is cuts. With the “sequester” automatic Pentagon cuts postponed rather than canceled, we’re still operating in the framework [...]
Danger Zone: US To Reach Debt Ceiling Monday, Warns Geithner
Treasury Secretary Tim Geithner has warned Congress that if they fail to act, the federal government is going to reach the debt ceiling by Monday. At that point, the government will be unable to pay its bills, putting the financial stability of the government and the entire economy in jeopardy. Geithner says that the Treasury [...]
Obama Aide to MSNBC Reporter: “With These Republicans, There’d Still be Slavery” Today
Congressional Republicans are currently under fire for supporting the rich at the expense of everyone else, and some in the Obama administration have reportedly become frustrated with the GOP. The result of the previous debt ceiling negotiations left many believing that President Obama capitulated to Republicans, and some at the White House believe that the [...]
Debt Collector to Disabled Veteran: “You Should’ve Died in the War”
A disabled U.S. veteran who is living off disability payments was highly insulted when a debt collector called his home and told him that he “should’ve died in the war” instead of “taking advantage” of other Americans. The debt collector worked for the firm Gurstel Chargo, which is now facing charges for insulting the veteran over [...]
Romney Rips His Own V.P. Pick, Calls Ryan’s Vote to Cut Defense Spending a “Big Mistake”
Mitt Romney has been slamming President Obama for his administration’s plans to cut defense, but in an interview with NBC’s David Gregory, Gregory reminded Romney that his own party voted for those cuts. That’s right around the time when Romney inadvertently threw his running mate under the bus. Here’s an excerpt from the interview, which [...]
Banned: Medical Debt Collector Kicked Out of Minnesota For Harassing Patients In Emergency Rooms
A Minnesota medical debt collector has been banned from the state over allegations that it sent agents to camp out in emergency rooms in an effort to collect debts. Company agents would allegedly sit in waiting rooms and harass people to pay debts they already owed before receiving additional treatment. According to hospital staff, Accretive [...]
Obama Administration Creating African American Education Office
President Obama has an 89 percent approval rating in the black community, and although that’s pretty high, it’s still down from the 95 percent approval rating he had when he took office. After murmurings that President Obama isn’t doing enough for black people, and some high profile criticism from Dr. Cornel West and Tavis Smiley, [...]
Vulture Firms Get Rich Off Probation Fees While Poor People Go to Jail
by Yvette Carnell Punishment in America isn’t about recovery or redemption, far from it. The criminal justice system in America is just another scheme that private companies are using to get rich. The prison system is already awash with private prison companies that get taxpayer dollars to feed prisoners less. Now, according to a New York Times article, probation [...]
As Euro Flounders, African Economy to Grow 4.5% in 2012
Europe is in crisis. Greek’s real debt to GDP ratio is upwards of 400%, and it’s not the only European country swimming in debt. Many countries in Africa, however, have largely recovered from the 2009 crisis and are expected to experience growth in 2012. “Africa’s economy should see a rebound in 2012 after popular uprisings [...]
Dr. Boyce Video: Why We Must Support the Inmates in Georgia’s Prison Protest
From Dr. Boyce Watkins: I spoke with Rev. Kenny Glasgow recently about the unspeakable things happening to prison inmates in the state of Georgia. Many of these men are being tortured and beaten nearly to death as a result of a peaceful protest they launched back in 2010. Some of them have been kept in [...]
June 27, 201217 CommentsRead More