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Showing posts from September, 2011

The Revolution Begins at Home: A Clarion Call to Join the Wall Street Protests | Economy | AlterNet

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We all need to go down and join the occupation -- and not just by "liking" it on Facebook, signing a petition or retweeting protest photos. September 27, 2011 | Photo Credit: Sarah Jaffe LIKE THIS ARTICLE ? Join our mailing list: Sign up to stay up to date on the

Money & Company

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Stock markets around the world are tumbling on fears that the global economy is falling precipitously and that U.S. and European lawmakers are unable to stop the bleeding. The market is at risk of the biggest weekly drop since the depths of the global financial crisis in 2008. As of 10:40 a.m. PST, the Dow Jones industrial average was down 425.22 points, or 3.8%, to 10,699.62. That followed a 2.5% drop on Wednesday. The Standard & Poor’s 500 index is off 39.09 points, or 3.4%, to 1,127.67. The U.S. declines followed sharp drops overnight in European and Asian markets, most of which fell about 5%. The worldwide sell-off followed the Federal Reserve's announcement Wednesday that it is rejiggering its holdings of Treasury bonds in its latest bid to spur the economy by lowering interest rates on everything from home mortgages to car loans. Many analysts doubt the Fed action will have any measurable effect, and investors were spooked by the Fed's bluntly worded a

2010 Data Show Surge in Poor Young Families - NYTimes.com

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2010 Data Show Surge in Poor Young Families By SABRINA TAVERNISE Published: September 19, 2011 Recommend Twitter Linkedin Sign In to E-Mail Print Reprints Share Close Digg MySpace Reddit Tumblr Permalink WASHINGTON — More than one in three young families with children were living in poverty last year, according to an analysis of census data by the Center for Labor Market Studies at Northeastern University. Related Times Topic: Census At 37 percent, it was the highest level on record for the group, surpassing the previous peak of 36 percent in 1993, according to the analysis by Ishwar Khatiwada, an economist at the center. By comparison, the rate was about 25 percent in 2000. The economic distress among the country’s youngest families — defined as under the age of

American Jobs Act | The White House

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Home • American Jobs Act American Jobs Act "The purpose of the American Jobs Act is simple: to put more people back to work and more money in the pockets of those who are working." —President Barack Obama, September 8, 2011 Featured Videos Watch: What the Jobs Act Means for Schools President Obama believes that every child deserves a great school. Download the Enhanced Speech Graphics See what the President said in his Joint Congressional Session on 9/8/2011 See the Facts Download the Short Fact Sheet Read the Comprehensive Fact Sheet The American Jobs Act and Your Community A State By State Look at the American Jobs Act Pick your state Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Flori

Rep. Maxine Waters Calls For A Trillion-Dollar Jobs Program | RealClearPolitics

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Rep. Maxine Waters Calls For A Trillion-Dollar Jobs Program Related Videos | expand Playing rep maxine waters calls for a trillion-dollar jobs program 434957 Playing rep walsh takes on msnbcs bashir your profession did not vet obama 434940 Playing palin on politicians and crony capitalism im not for sale 434944

Conservative Blogger Asserts Rick Perry Didn’t Write His Op-Ed On Israel

Conservative Blogger Asserts Rick Perry Didn’t Write His Op-Ed On Israel | Conservative Washington Post blogger Jennifer Rubin asserted in a blog post that Texas governor and Republican presidential hopeful Rick Perry did not write a Friday pro-Israel op-ed published in the Wall Street Journal and Israel’s Jerusalem Post . The op-ed, in which Perry cherry-picked a quote from a historian to link Texas and Israel , criticized President Obama’s pro-Israel record. “Perry almost certainly didn’t write it,” said Rubin. “We know that because his own foreign policy views are rudimentary. [...] A ghostwritten piece so far above his current abilities highlights the concern.” Rubin acknowledged that “most pols have these things written for them,” but said that “until he personally could articulate his thoughts in detail, [advisers] should forgo the pretense of sophistication.” Among Perry’s top reported foreign policy contacts are former Bush officials Donald Rumsfeld and Douglas

Elizabeth Warren Kicks Off Campaign in South Boston | News | The Harvard Crimson

Harvard Law School professor Elizabeth Warren launched her campaign for the U.S. Senate on Wednesday morning with some old fashioned retail politics at the Broadway MBTA station in South Boston. The choice of location was significant for Warren, who likely faces in uphill battle in connecting with ordinary voters and combatting her image as an out of touch Harvard professor. But as a popular figure within the liberal establishment who has the ability to raise large sums of money, Warren could pose a strong challenge to Republican incumbent Scott Brown. But if Warren wins the Democratic primary, she will have to contend with the strong populist headwinds that Brown rode to victory in 2010. In one of his last ads released before the special 2010 election, U.S. Senator Scott Brown—donning a rugged brown coat and black gloves—walked around South Boston shaking hands with a man driving a minivan, with customers in a barber shop, with a woman on the street. By casting himself a