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The Paul Ryan Magical Mystery Chop, Dice, and Slice Budget

In 2011, before he was the Republican nominee for vice-president, Rep. Paul Ryan (R-Wisc.) proposed a federal budget. He called it, “The Path to Prosperity: Restoring America’s Promise.” Two years later, now in his second year as chair of the House budget committee, he dusted off and polished his old proposal. He calls this one:


Jónsdóttir, Taibbi to Speak at Public Banking Conference

Icelandic MP Birgitta Jónsdóttir and Rolling Stone financial author Matt Taibbi will both be speaking at the second annual Public Banking Conference, “PBA2013: Funding the New Economy,” taking place in San Rafael, California on June 2-4, 2013. Jónsdóttir, a member of Althing (the Icelandic Parliament) since 2009, is well-known as an activist and spokesperson for organizations ranging from Wikileaks

photograph: Hasan Raza/AP

Discounting Lives to Maximize Profits

Imitating Sgt. Schultz of “Hogan’s Heroes,” Walmart executives claimed they knew nothing—NOTHING—about working conditions in a garment factory in Bangladesh where 112 workers died and more than 150 were injured in a fire. Tazreen Fashions made Walmart’s Faded Glory brand clothes, as well as clothes for Sears and other dozens of other major retailers. Walmart


Tim Jorstad: Public Banking Leads to Stronger, More Diverse Economy

The following is a guest editorial by Tim Jorstad. Mr. Jorstad is founder and Chairman of the AltaPacific Bank, a commercial bank located in both Northern and Southern California. This editorial calls for a public bank specifically in the context of Sonoma County, California. Much more information on the public banking movement is available at the


Jill Stein: Winning labor’s battles requires independent politics

The following is a Labor Day editorial by Green Party presidential candidate Jill Stein.  I welcome and endorse the AFL-CIO’s campaign to finally fulfill President Roosevelt’s 1944 call for a second, Economic Bill of Rights, including the rights to jobs, living wages, labor unions, voting rights, health care, education, and retirement security. As the Green


Don’t Count Out the Labor Movement

Almost every conservative political columnist, pundit, commentator, blogger, and bloviator has written about the decline and forthcoming death of the labor movement. They happily point to Wisconsin, where Republican Gov. Scott Walker shortly after taking office in January 2011 took advantage of a Republican majority in the House and Senate to ram through legislation that


Expert Economist Sees New Unemployment Normal at 7%

An article in Market Watch a couple of weeks ago, written by Steve Goldstein, indicates that declining productivity in America’s marketplace is causing a change in the level at which unemployment rates are due to settle as the new norm. Currently we have 1.7% GDP growth, 1% job growth, and less than 1% productivity growth


Occupy Activists Suggest Running Foreclosed Home for President

Since corporations are people, it stands to reason that houses are people too, and hence eligible to run for president, right? (Just…just go with it, okay?) At least one set of Occupy activists thinks this isn’t such a bad idea, and they’ve started a Facebook group for that very purpose: To help revitalize the Occupy

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