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Wealth Inequality in America - YouTube: ""
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Wednesday, July 31, 2013
Sunday, July 28, 2013
Saturday, July 27, 2013
Forward Progressives — Obama’s Claim about the Income of the Top 1% Compared to Typical Families Confirmed True
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| English: Barack Obama delivers a speech at the University of Southern California (Video of the speech) (Photo credit: Wikipedia) |
"“The income of the top 1 percent nearly quadrupled from 1979 to 2007, but the typical family’s incomes barely budged.”
Which prompted the fact checking website Politifact to investigate his claim—and they found his statement to be true."
Sam Simon, 'The Simpsons' Co-Creator Dying From Cancer, To Donate Fortune To Charity
Sam Simon, 'The Simpsons' Co-Creator Dying From Cancer, To Donate Fortune To Charity:
"When he was diagnosed with stage-4 colon cancer, the comedic genius behind "Taxi" and "The Drew Carey Show" was given three to six months to live. But Simon has wasted no time mulling over his fate, and has decided to focus his waning days on carving out his philanthropic legacy by leaving most of his fortune to the causes he cares for most, according to The Hollywood Reporter."
"When he was diagnosed with stage-4 colon cancer, the comedic genius behind "Taxi" and "The Drew Carey Show" was given three to six months to live. But Simon has wasted no time mulling over his fate, and has decided to focus his waning days on carving out his philanthropic legacy by leaving most of his fortune to the causes he cares for most, according to The Hollywood Reporter."
Friday, July 26, 2013
Mr. President, Have Pity on the Working Man | On Democracy, What Matters Today | BillMoyers.com
Mr. President, Have Pity on the Working Man | On Democracy, What Matters Today | BillMoyers.com:
"Privatization advocates tell the public that outsourcing government jobs to the private sector is good business and an efficient use of taxpayer dollars. Policymakers argue that when private firms compete for public contracts, market forces will prevail, and the government will get the goods and services it needs at the best possible prices.
But in fact, this “free market” system leads to a bookkeeping sleight-of-hand: Low-road contractors pay poverty level wages and provide no benefits for their employees, who then rely on food, housing, healthcare, and childcare subsidies from government agencies. Thus, the real costs of goods and services purchased under federal contracts are hidden, as are the thousands of workers who are trapped within this broken system."
...ero.
"Privatization advocates tell the public that outsourcing government jobs to the private sector is good business and an efficient use of taxpayer dollars. Policymakers argue that when private firms compete for public contracts, market forces will prevail, and the government will get the goods and services it needs at the best possible prices.
But in fact, this “free market” system leads to a bookkeeping sleight-of-hand: Low-road contractors pay poverty level wages and provide no benefits for their employees, who then rely on food, housing, healthcare, and childcare subsidies from government agencies. Thus, the real costs of goods and services purchased under federal contracts are hidden, as are the thousands of workers who are trapped within this broken system."
...ero.
Rogers Wants All Wireless Incumbents to Have Equal Opportunity to Bid on Smaller Carriers - Techvibes.com
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| Verizon Wireless "Rule the Air" Ad Campaign (Photo credit: Wikipedia) |
"Verizon has expressed interest in Canada's wireless market and reports even suggested it toyed with an offier on Wind. Meanwhile, Telus attempted to acquire Mobilicity but was denied by the federal government.
Rogers released its quarterly earnings today. The company earned more than $500 million in income from over $3 billion in revenue. According top the telco, 72% of its wireless customers now have smartphones, up sharply from 63% a year ago."
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Thursday, July 25, 2013
McDonald's health insurance plans: not lovin' it - Oct. 5, 2010
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| English: McDonalds' sign in Harlem. (Photo credit: Wikipedia) |
"The most affordable plan at McDonald's charges hourly workers about $14 a week, which comes to $727.48 annually. In return, they get $2,000 worth of coverage per year. If they step on a nail or come down with the flu, they might be covered, but the costs paid by the insurer may not even equal their premiums. If they are diagnosed with cancer, or even appendicitis, they are as vulnerable as someone with no insurance at all.
The "best" plan of the bunch costs $1,680 a year and caps benefits at $10,000. But for outpatient treatment (which often means the emergency room), benefits are capped at $2,000. A trip to the emergency room can zoom past that level in a matter of minutes."
...ero.
Tuesday, July 23, 2013
Get a clue, McDonald’s: The other insult no one’s talking about - Salon.com
Get a clue, McDonald’s: The other insult no one’s talking about - Salon.com:
" . . . the poor don’t need financial advice; they need higher wages. Yet apparently The Market – our all-seeing, beneficent Market, which declares that it is right and just that some men should have billions, while others sleep under bridges – has decided that higher wages for the working poor are an offense against all that we hold sacred.
Thus: “Let them make budgets.”
Paul Campos
{a professor of law at the University of Colorado at Boulder.}
" . . . the poor don’t need financial advice; they need higher wages. Yet apparently The Market – our all-seeing, beneficent Market, which declares that it is right and just that some men should have billions, while others sleep under bridges – has decided that higher wages for the working poor are an offense against all that we hold sacred.
Thus: “Let them make budgets.”
Paul Campos
{a professor of law at the University of Colorado at Boulder.}
Tuesday, July 16, 2013
McDonald's Can't Figure Out How Its Workers Survive on Minimum Wage - Jordan Weissmann - The Atlantic
McDonald's Can't Figure Out How Its Workers Survive on Minimum Wage - Jordan Weissmann - The Atlantic:
"Of course, minimum wage workers aren't really entirely on their own, especially if they have children. There are programs like food stamps, Medicaid, and the earned income tax credit to help them along. But that's sort of the point. When large companies make profits by paying their workers unlivable wages, we end up subsidizing their bottom lines. "
"Of course, minimum wage workers aren't really entirely on their own, especially if they have children. There are programs like food stamps, Medicaid, and the earned income tax credit to help them along. But that's sort of the point. When large companies make profits by paying their workers unlivable wages, we end up subsidizing their bottom lines. "
Saturday, July 13, 2013
How to End the Student Loan Crisis: Make Wall Street Pay | Les Leopold
How to End the Student Loan Crisis: Make Wall Street Pay | Les Leopold:
"Anyone with a heartbeat knows that Wall Street took down the economy, killed millions of jobs and hasn't had to pay a penny for the damage it caused. In fact, we are paying them for crashing the economy in the form of trillions in bailouts and low interest loans.
Well, maybe it's time for Wall Street to contribute, rather than siphoning off our wealth. How about a sales tax on all transfers of stocks, bonds, and derivatives in order to fund tuition-free higher education at public institutions?"
...ero.
"Anyone with a heartbeat knows that Wall Street took down the economy, killed millions of jobs and hasn't had to pay a penny for the damage it caused. In fact, we are paying them for crashing the economy in the form of trillions in bailouts and low interest loans.
Well, maybe it's time for Wall Street to contribute, rather than siphoning off our wealth. How about a sales tax on all transfers of stocks, bonds, and derivatives in order to fund tuition-free higher education at public institutions?"
...ero.
Wednesday, July 10, 2013
Harold Meyerson: The American economy is eroding the American job - The Washington Post
Harold Meyerson: The American economy is eroding the American job - The Washington Post:
"Of the 195,000 jobs created in June, fully 75,000 came in “Leisure and Hospitality” — Labor Department-speak for hotels, restaurants, fast-food joints and bars. Workers in this sector averaged just 26.1 hours a week — a figure that hasn’t changed in the past 12 months, even as Obamacare’s deadlines drew nigh. Thirty-seven thousand retail jobs were added, and these workers put in, on average, 31.3 hours a week. Workers in manufacturing, by contrast, had full-time jobs, averaging 40.9 hours a week — but 6,000 manufacturing jobs were eliminated in June."
"Of the 195,000 jobs created in June, fully 75,000 came in “Leisure and Hospitality” — Labor Department-speak for hotels, restaurants, fast-food joints and bars. Workers in this sector averaged just 26.1 hours a week — a figure that hasn’t changed in the past 12 months, even as Obamacare’s deadlines drew nigh. Thirty-seven thousand retail jobs were added, and these workers put in, on average, 31.3 hours a week. Workers in manufacturing, by contrast, had full-time jobs, averaging 40.9 hours a week — but 6,000 manufacturing jobs were eliminated in June."
Tuesday, July 9, 2013
Verizon Adds 100 Sales Reps In Downtown Tampa
Verizon Adds 100 Sales Reps In Downtown Tampa:
"Verizon is opening a new national customer retention center in downtown Tampa and adding 100 full-time customer-contact representatives dedicated to the company’s landline products and services.
The company’s new sales representatives will provide after-hours sales and customer support functions for FiOS Internet and FiOS TV in 12 states, including Florida and Washington, DC."
"Verizon is opening a new national customer retention center in downtown Tampa and adding 100 full-time customer-contact representatives dedicated to the company’s landline products and services.
The company’s new sales representatives will provide after-hours sales and customer support functions for FiOS Internet and FiOS TV in 12 states, including Florida and Washington, DC."
Sunday, July 7, 2013
Obama’s summertime push: Immigration and the economy - The Washington Post
Obama’s summertime push: Immigration and the economy - The Washington Post:
"With several controversies fading and a period of intense foreign travel over, President Obama is narrowing his focus this summer to two issues, immigration and the economy, that could help determine the success or failure of his second term."
...ero.
"With several controversies fading and a period of intense foreign travel over, President Obama is narrowing his focus this summer to two issues, immigration and the economy, that could help determine the success or failure of his second term."
...ero.
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