Now that Donald Trump has secured his position as the presumptive Republican nominee, Wall Street donors are fleeing the party and throwing their support behind Democratic frontrunner Hillary Clinton. A Wall Street Journal analysis published late Sunday found that the former secretary of state “has raised $4.2 million in total from Wall Street, $344,000 of which was contributed in March alone.” In fact, …
Paul Buchheit – The Collapse of the Middle-Class Job
Our middle-income jobs are disappearing. That fact may be disputed by free-market advocates, who want to believe Barack Obama when he gushes, “We’re in the middle of the longest streak of private sector job creation in history.” But the evidence shows that living-wage, family-sustaining positions are quickly being replaced by lower-wage and less secure forms of employment. These plentiful low-level jobs have padded the unemployment …
John V. Walsh – China Closes the Innovation Gap
The headline reads, “The Rapid Rise of a Research Nation: China’s economic boom is mirrored by its similarly meteoric rise in high quality science.” This was not a headline in People’s Daily or China Daily but in the most prestigious of Western scientific publications, Nature. The 38 pages, which follow that headline in a special Supplement to the journal Nature, tell us that China is now second …
Paul Kiel – So Sue Them: What We’ve Learned About the Debt Collection Lawsuit Machine
A couple of years ago, we set out to find out more about the growing use of the courts to collect consumer debts. How many lawsuits are filed? Who is filing them? Who is getting sued? The suits are filed in state and local courts, and many states rely on antiquated systems or only keep data at the county level. …
Gary Younge – The Left Is Winning the Debate. Now What?
After the Labour Party’s electoral defeat in Britain last year, the party’s small left caucus debated whether it should stand a candidate for the leadership at all. Some feared defeat would expose just how small the caucus was. Others insisted that someone needed to at least raise the arguments against anti-austerity and for a progressive foreign policy to counter the …
Ruth Milka – Why Are Fish Suddenly Dying By the Millions?
Over the past several months there has been an alarming number of dead fish and other sea creatures washing up all over the planet. In many places more than 30 tons of fish have washed up dead. Chile, a place where there is a massive amount of coast with beautiful beaches, is awash with dead animals. The Smithsonian Magazine states: …
Noam Chomsky – The Costs of Violence
In brief, the Global War on Terror sledgehammer strategy has spread jihadi terror from a tiny corner of Afghanistan to much of the world, from Africa through the Levant and South Asia to Southeast Asia. It has also incited attacks in Europe and the United States. The invasion of Iraq made a substantial contribution to this process, much as intelligence …
Daniel Lazare – The Secret Behind the Yemen War
PBS Frontline’s “Yemen Under Siege,” which aired on May 3, makes for powerful viewing. A first-hand look at the devastation that the U.S., Saudi Arabia, and other powers have visited on one of the poorest countries in the Middle East, the 35-minute documentary shows families struggling amid the rubble, children dying from mortar attacks, surgeons operating without anesthesia, and other such horrors. …
Michael Snyder – The Next Employment Crisis Is Here: Job Cuts At U.S. Companies Jump 35 Percent In April
Should we be alarmed that the number of job cuts announced by large U.S. companies was 35 percent higher in April than it was in March? This is definitely a case where the trend is not our friend. According to Challenger, Gray & Christmas, U.S. firms announced 65,141 job cuts during April, which represented a massive 35 percent increase over the previous …
DAVID ROSEN – Poverty in America: the Deepening Crisis
Bernie Sanders has put inequality at the center of the 2016 presidential elections. However much the corporate media attempt to turn the election into a personality contest between Clinton and Trump, inequality will not go away as the defining domestic election issue. Whoever are the two major party presidential candidates, they will have to address the deepening problem of inequality. …










