Elms Progressive Media

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...

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...

I'm speechless. This little rant by Kate O'Beirne at a Republican strategy session is so evil, so incredibly cold-hearted, and so predictably right-wing that it makes me want to shove a big bowl of cereal and a big banana right down her chicken-hearted little gullet. Ebenezer Scrooge would be proud of his progeny. O’BEIRNE: And then the title of our gathering is so crucial; “Less of Washington and More of Ourselves”. The federal school lunch program and now breakfast program and I guess in Washington DC, dinner program are pretty close to being sacred cows… broad bipartisan support. And if we’re going to ask more of ourselves, my question is what poor excuse for a parent can’t rustle up a bowl of cereal and a banana? I just don’t get why millions of school children qualify for school breakfasts unless we have a major wide spread problem with child neglect. You know, I mean if that’s how many parents are incapable of pulling together a bowl of cereal and a banana,...