via Hope Yen, The Huffington Post The ranks of America’s poor are on track to climb to levels unseen in nearly half a century, erasing gains from the war on poverty in the 1960s amid a weak economy and fraying government safety net. Census figures for 2011 will be released this fall in the critical … Continue reading
via Izhar Harpaz, Dateline, MSNBC The small communities that dot the picturesque mountain landscape outside Boulder, Colorado conjure up an image from long before the great recession. Here the manicured lawns and expensive cars are a testament to the achievements of a fiercely independent and educated middle class; a 21st century version of suburban bliss. … Continue reading
via Paul Blumenthal, The Huffington Post The push to raise unlimited contributions by a super PAC backing President Barack Obama’s reelection has run into a number of hurdles since Priorities USA Action was set up by former White House aide Bill Burton in 2011. Major Democratic donors have shunned the group, denying it funds to … Continue reading
via Nouriel Roubini, Project-Syndicate This year has witnessed a global wave of social and political turmoil and instability, with masses of people pouring into the real and virtual streets: the Arab Spring; riots in London; Israel’s middle-class protests against high housing prices and an inflationary squeeze on living standards; protesting Chilean students; the destruction in … Continue reading