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Showing posts with the label Financial Crises

Michael Moore says the real IRS scandal is corporations not paying taxes

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Michael Moore says the real IRS scandal is corporations not paying taxes (via Mlive.com ) FLINT, MI -- The real IRS scandal is the agency allowing General Electric "and 50 other corporations" not to pay any taxes, Flint native and filmmaker Michael Moore said on HBO's “Real Time With Bill Maher."  According to a report in the Huffington Post, Moore said Americans are focusing on the…

How New International Food Aid Rules Could Save Millions — In Lives And Dollars

How New International Food Aid Rules Could Save Millions — In Lives And Dollars : pThe Somali famine of 2011 was a massive, monstrous failure on the part of the international community at almost all levels. A new report released on Thursday indicates that the crisis took the lives of a far greater number than many experts predicted: Up to 260,000 Somalis died that year, over half of them children, [...]/p

If Scott Walker wins Wisconsin’s recall election, labor will suffer a self-inflicted wound | The Ticket - Yahoo! News

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If Wisconsin Gov. Scott Walker loses the election to recall him from office Tuesday, the political press will declare the arrival of Big Labor's comeback. If Walker wins, it will be seen as yet another sign of labor's demise. The election to recall the Republican governor, sparked by Walker's successful 2011 effort to end collective bargaining for public employees, has drawn participation from many different groups, including the tea party. But unions, which have long been fighting stories of their demise, have much of what's left of their reputation as powerful political organizers riding on the race. Union membership in 2011 fell to a record low for the second straight year, according to the Department of Labor, but that's not the only avenue in which unions have been struggling. Bill Schneider, a a senior fellow and resident scholar at centrist think tank Third Way, told Yahoo News that labor has lately experienced "tougher times winning" electoral race...

This Republican Economy - NYTimes.com

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What should be done about the economy? Republicans claim to have the answer: slash spending and cut taxes. What they hope voters won’t notice is that that’s precisely the policy we’ve been following the past couple of years. Never mind the Democrat in the White House; for all practical purposes, this is already the economic policy of Republican dreams. Fred R. Conrad/The New York Times Paul Krugman Go to Columnist Page » Blog: The Conscience of a Liberal Related in Opinion Paul Krugman Blog: 1937 (June 3, 2012) More on the Economy » Connect With Us on Twitter For Op-Ed, follow @nytopinion and to hear from the editorial page editor, Andrew Rosenthal, follow @andyrNYT . Readers’ Comments Readers shared their thoughts on this article. Read All Comments (925) » So the Republican electoral strategy is, in effect, a gigantic con game: it depends on convincing voters that the bad economy is the result of big-spending policies that President Obama hasn’t...

My EIN Olmos Foundation

Help | Apply for New EIN | Exit EIN Assistant Your Progress: 1. Identity 2. Authenticate 3. Addresses 4. Details 5. EIN Confirmation Congratulations! Your EIN has been successfully assigned. EIN Assigned: 45-4653126 Legal Name: OLMOS FOUNDATION IMPORTANT: Save and/or print this page and the confirmation letter below for your permanent records. The confirmation letter below is your official IRS notice and contains important information regarding your EIN. CLICK HERE for Your EIN Confirmation Letter Help with saving and printing your letter Once you have saved or printed your letter, click "Continue" to get additional information about using your new EIN. Help Topics What if I do not have access to a printer at this time? Can I access this letter at a later date? IRS Privacy Policy

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...

Michigan's Governor Rick Snyder Mixed Reviews On Budget Cuts

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chigan's new Republican governor is earning enemies and friends with his sweeping budget proposal, a plan that would slash corporate tax bills by applying a limited flat tax while making up the difference with new taxes on seniors and other groups.  AARP Michigan has been one of the most vocal critics of Gov. Rick Snyder's plan, calling it "the biggest tax increase in the history of our state." The group held a rally last week under the banner, "It's Not Fair."  Unions and Democratic officials have also come out against it, while business types claim the plan will spur growth.  Snyder's budget gambit, which came after a bill that would give him the power to intervene in local government affairs during a fiscal emergency and cancel union obligations, is setting up another Midwestern battle in the same vein as the showdown in Wisconsin over union rights. It's unclear whether he'll have the momentum to push the tax plan through, with...