With the recession still lingering the fight for sustainability is becoming a fight for Quality vs Cheap. Passing along a world built on quality to future generations is no longer a collective effort. It seems the majority in fact are allowing More »
While Wall Street is having the time of its life Housing is withering. The The US Census Bureau comparison of 2nd Quarter 2010 vs 2011 shows the Housing Market slowing down.
A recent (2011) Harvard Housing Study finds that Americans owe 3.8 Trillion dollars more than their homes are worth.
“Overall, the amount of real home equity fell from $14.9 trillion at its peak
in the first quarter of 2006 to $6.3 trillion at the end of 2010—
well below the $10.1 trillion in outstanding mortgage debt.”
http://www.jchs.harvard.edu/publications/markets/son2011/son2011_executive_summary.pdf
Christine Lagarde, the new Chief of the International Monetary Fund is concerned about More »
After shunning its duties as members of Earth, Chevron has failed to fix the damage it caused to Ecuador. Mother Jones reports that Chevron is getting into some trouble with its shareholders for not paying up what it owes the people of the Rainforest. Texaco, now owned by Chevron, poisoned the earth, forced the courts to hear the case in a Ecuador rather than the U.S. Perhaps, Ecuador appeared to be a country where they could buy a judge, but that didn’t work out for them and now they owe billions and don’t want to pay up. Read the story here.
Finally! The EPA Sets “Action Plans” to Address Health Risks of Isocyanates in Polyurethane.
This is what we’ve been talking about from the beginning. More »
In 2009 the Worst of the Recession, The Top 12 Hedge Funders Earned $1B
1 Earned $5B.
The super rich owned More »
Dutch Economist Heleen Mees, founder of the women’s action committee Women on Top, has made a brilliant assessment of globalization. She recently took a look at how strict labor regulation is actually helping Germany to “compete” in the global job market.
She found that the US lost More »
The Great Recession that foreclosed on Main Street to pay Wall Street apparently has left massive amounts of cash in their hands.
Trillions of cash is More »
It’s a clear fact that the middle class has taken a beating over the past 30 years. The policies responsible for this have been perpetrated by mostly republicans and Bill Clinton. Obama is More »
Potentially including: 140,821,200 Million Workers and Their Families! 91.8% of the Labor Force! 91.8% of the 223,585,000 voting Americans over the age of 20 or 205,251,030 Million Americans!
It’s become clear that the Super Rich have effectively taken democratic power from the middle class. But who is the middle class?
Some say it is the the bottom 80% or the three middle quintiles. Others argue the middle class are those earning around 100k to 42k. The US Statistical Abstract 2009 qualifies the Middle Class as 45% of the population. This data indicates the following seven classes: More »
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