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Great Recession Erased Nearly 40% Of Family Wealth

via Don Lee, Chicago Tribune The Great Recession took such a heavy toll on the economy that the typical American family lost nearly 40% of its wealth from 2007 to 2010, shaving the median net worth to a level not seen since the early 1990s. The Federal Reserve said in a new report Monday that median family net … Continue reading

California Residents To Vote On Death Penalty Ban This November

via Paul Elias, The Huffington Post A measure to abolish California’s death penalty qualified for the November ballot on Monday. If it passes, the 725 California inmates now on Death Row will have their sentences converted to life in prison without the possibility of parole. It would also make life without parole the harshest penalty … Continue reading

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