Sunday, August 7, 2011

45,000 workers on strike at Veriozon

http://www.cwa-union.org/news/entry/45000_workers_on_strike_at_verizon#.Tj7XKYJEMr5

Net profits of $6 billion, $258 million in exec compensation over the last 4 years, and Verizon doesn't want to compensate their workers fairly. Hmm...Capitalism at work.

Friday, August 5, 2011

Financial markets plunge on fears of renewed recession

Financial markets plunge on fears of renewed recession

And the plunge continues as this is written: http://finance.yahoo.com

Thursday, August 4, 2011

A “Malign Intellectual Subculture”

A “Malign Intellectual Subculture”

More smearing fun, this time in England! Who'd've thunk it?

Wednesday, August 3, 2011

Sharp fall in consumer spending, manufacturing in US

Sharp fall in consumer spending, manufacturing in US

No surprise here. The economy had no real rebound. Sure, the corporations increased their profits, but that was at the expense of the workers. With no real hiring going on, other than maybe McDonald's, there's no expansion of the economy (except maybe for luxury goods). Welcome to the continuing collapse.

Monday, August 1, 2011

The US debt ceiling deal

The US debt ceiling deal

Read their lips...no new taxes. The cuts are to be taken from you, while the profits will go to the super rich and the militarists. If you are a Democrat (and not what is wistfully called a DINO), your party is dead.