Do the Rich Need the Rest of America?

Fannie and Freddie's Foreclosure Barons

By Andy Kroll

How the federal housing agencies and bailed-out banks are helping shady lawyers make millions by pushing families out of their homes.

Food Stamp Use Hit Record 40.8m in May

By Bloomberg News

The number of Americans who are receiving food stamps rose to a record 40.8 million in May as the jobless rate hovered near a 27-year high, the government reported yesterday.

Do the Rich Need the Rest of America?

By Robert Frank

Do you think the rest of America matters anymore to the rich?

Hanging A Hammock Between Death And The Abyss

A Götterdämmerung Of Kitsch

By Phil Rockstroh

Does one get the feeling that the more powerless we feel, collectively, about the rising levels of economic exploitation exacted upon us and the accelerating rate of ecocide committed on the planet by corporate oligarchs, the more celebrity "news" and other tropes of empty distraction and denial will froth forth from the idiot imaginings of the pop culture douche-scape?

Senate Cuts Food Stamp Funds; Leaves Oil and Gas Subsidies Intact

About half of food stamp users are children and the elderly; about one-quarter are working-age women and 14 percent are working-age men. Most have jobs, but about 90 percent fall below the poverty line.

Fannie Mae Seeks $1.5 Billion From U.S. Treasury After 12th Straight Loss

Including today's request, Fannie Mae has drawn $86.1 billion in aid. The growing tally has helped spur the Obama administration to solicit proposals to fix the companies, and prompted some lawmakers to demand their closure.

From Information Clearing House


Job Loss Sends Employment Ratio Downward

Dean Baker, Truthout: "For the second consecutive month, the economy created virtually no jobs, net of temporary Census jobs. The Labor Department reported that the economy lost 131,000 jobs in July, 12,000 less than the 143,000 drop in the number of temporary Census workers. The June numbers were revised down by 100,000 to show a gain of only 4,000 non-Census jobs."

The Peace Vision

Peter G. Cohen, Truthout: "We are losing the war. Not just the war in Afghanistan, but the war against war itself - the Peace War.... The whole peace movement needs to be far more active, more vocal, and reach out to the unemployed, to all who are being cut back, threatened and limited by this huge military boondoggle. We must work far more diligently to form coalitions that enhance our clout and theirs."


Bailing Out Teachers


The Raid on Food Stamps

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