The Daily Censored » Tag

Reagan's Ex-Budget Director Slams Crony Capitalism

An attack on “crony capitalism” David Stockman, Reagan’s former budget director, published in the the March 31st New York Times has come in for major attack from both the right and left. Given the piece provides a fairly accurate analysis of America’s current economic woes, I find this quite sad. Stockman also attacks crony capitalism […]

Business, Daily Journal (Opinion) budget director, Casino, citizens united, crony capitalism, david stockman, economic crisis, Fed, Federal Reserve, financialization, IMF, Lobbying, public campaign financing, Reagan, recession, the great deformation, wall street

Is a College Degree Worth the Cost?

Given the $962 billion Americans owe in student loan debt, it seems reasonable to ask what a college degree buys them in employability and future income. Not much according to a recent Online Degree feature revealing that 33,655 PhDs and 239,029 master’s degree recipients are on food stamps. American janitors are the most educated in […]

Education, Lifestyle bureau of labor statistics, colege degree, college loan, food stamps, phds, recession

Occupy Wall Street: The View from Davos

A British acquaintance has sent me a link to one of the background documents to be used when world leaders gather for the World Economic Forum in Davos Switzerland January 25th through 29th. The document is called Global Risks 2012. It can be downloaded from http://www3.weforum.org/docs/WEF_GlobalRisks_Report_2012.pdf The World Economic Forum is a Swiss non-profit corporation […]

Politics, World News american counterpart, concern, corporate elites, disparity, Dystopia, economic, environmental activists, health, international monetary fund, recession, Root, trade treaties, world economic forum, world social forum

Texas Miracle or Kabuki Theater?

Anytime I hear the word “miracle” I become suspicious. I know the word appeals to highly religious folks. However, as far as I can tell, behind every so called “miracle” there is a con man. Now that Texas Governor Rick Perry is the GOP frontrunner for the presidency, the media is flooding the airwaves with […]

Business, Daily Journal (Opinion), Politics Bill, economic miracle, government hiring, governor rick perry, Leadership, miracle, office, private sector growth, recession, religious folks, Sector, texas governor rick perry, texas miracle, unemployment

Racial Wealth Gap Largest on Record as General Inequality Grows

By - Jesse Strecker The median wealth of white households is 20 times larger than that of Black households, and 18 times larger than that of Latino families, a report published by the Pew Research Center shows. This is the biggest difference that the Census has found in the 25 years that it has collected […]

Business, Politics black, color, economic policy institute, gap, global recession, household, housing, information, kai wright, latino families, msnbc, pew research center, recession, wealth gap

Michael Collins: Obama Budget Betrayal Q and A

Daily Journal (Opinion), Politics agenda, budget negotiations, course members, debt, financial elite, john huntsman, lifetime pension, medicare, office, president, recession, sake, social security and medicare, wall streeter

Blame the Workers Theory of Unemployment Debunked

Business, Daily Journal (Opinion), Politics blame, bureau of labor statistics, Economy, employer job requirements, former president clinton, job, notion, President Bill Clinton, recession, roosevelt institute, Structural, structural unemployment, theory of unemployment, unemployment

Breaking News

This just arrived in my email from the Washington Post… Breaking News: Household incomes drop for second straight year, census data show Household incomes plunged for the second year in a row in 2009, as fewer families earned over $100,000 a year while the ranks of the poor rose, according to census statistics released Tuesday. […]