Relevant and even prescient commentary on news, politics and the economy.

Another image of labor’s broken back: $48,887 in profit per employee!

This article via Yahoo news caught my attention: Five years into recovery, Dow Companies squeeze workers as investors thrive I think this picture spells it out rather well.   “As the chart shows, the 30 huge companies that comprise the Dow Jones Industrial Average have barely nudged their employee ranks higher…” But this is even […]

Chocolate, the free market battle ground

I’m a chocoholic.  Can’t eat it as much as I used to.  So, this bit of news by way of C & L caught my eye.  I’ll let the article speak for it’s self. As a result of a settlement with the Hershey’s Company, Let’s Buy British Imports, or L.B.B., agreed this week to stop […]

It’s about the nation’s equity. We are better than this… by Professor Edward Kleinbard

Videos below the fold. I caught Edward Kleinbard the other morning on Cspan.  He is a professor of law and business at USC and a fellow at the Century Foundation.  His book: We are better than this: How Government Should Spend our Money.  If you google his name, articles will come up from October 2014.   […]

House exempt from ethics education, lets change that.

So, I just got an email from my congressman letting me know that he has submitted a bill that would no longer exempt the House membership from annual ethics training.  Their staff is required to have such education, the Senate is required, but not the house.   He is also trying to get it into the rules […]

So, you want a pipe line? Jobs? Addendum: Ok veto the XL, it doesn’t matter.

Addendum below. A very interesting article at Daily Kos has been posted.   Title: There’s been HOW many Pipeline spills in Alberta in the last Four Months? Seems the Canadian news system does not find oil, gas and toxic water spills from the mining of carbon fuels to be news worthy.   But, the native Indian sure […]

Election, democracy, Hong Kong and the US

This is a 7 minute video that looks at the way money has reduced the voter population that counts down to a handful.  Sure, we all get to vote, but it’s the things that happen before the final vote that makes the real decision.  How often do we hear that there is no one to […]

Adding to Steve’s quest to define “money”. A couple short films.

Via Digby comes a couple short films talking about what is money.   They are part of an effort by a group/site called We The Economy that has 20 short films aimed:  to drive awareness and establish a better understanding of the U.S. economy. Told through animation, comedy, musical, non-fiction, and scripted films, WE THE ECONOMY […]

Integral and Indispensable to the regular duties, Your govenment says this defines if you get paid

Update below. From a Salon interview with  Catherine Ruckelshaus, general counsel and program director for the National Employment Law Project comes this case being argued today in the Supreme’s Court: Integrity Staffing Solutions, Inc. v. Busk We tend not to hear much about Supreme Court cases until there’s an imminent ruling, much less before oral arguments have […]

Bill Clinton thinks corps will put people first, profits second…all on their own.

So, Bill baby thinks the corps are going to see the light and return to the good old days of having a social conscience.  Heck, they will even see the light regarding their role as a member of society in the US.   And, here is the best part.  This is all going to happen without the […]

The mayors report in on Income Inequality (and miss the conclusion).

(lightly edited for ease of reading) Yesterday the Conference of Mayors and the Council on Metro Economies and the New American City released a report prepared by IHS Global Insight that is a repeat and thus update of a similar study performed after the 2001 – 2002 recession.  Income and Wage Gaps Across the US. I […]