A monthly look at Employment and Income in the USA Total nonfarm payroll employment rose by 113,000 in January and upward revisions in November and December added 34,000 jobs. November’s total non-farm employment was revised upward to 274,000. The unemployment rate decreased from 6.7% to 6.6% while the civilian labor force …
Homeland Security set for next Wall St collapse
By Ellen Brown Reports are that the Department of Homeland Security (DHS) is engaged in a massive, covert military buildup. An article in the Associated Press in February confirmed an open purchase order by DHS for 1.6 billion rounds of ammunition. According to an op-ed in Forbes, that’s enough to sustain an Iraq-sized war …
The Trillion Dollar Coin: Joke or Game-changer?
We agree with lawyer Ellen Brown, president of the Public Banking Institute, in this important article. — Hazel Henderson, Editor The Trillion Dollar Coin: Joke or Game-Changer? By Ellen Brown, author, Web of Debt The trillion dollar coin actually represents one of the most important principles of popular prosperity ever …
The E.C.B. Fiddles While Rome Burns
The E.C.B. Fiddles While Rome Burns Ellen Brown November 28, 2011 http://WebofDebt.com/articles “To some people, the European Central Bank seems like a fire department that is letting the house burn down to teach the children not to play with matches.” So wrote Jack Ewing in the New York Times last …
Super Committee Deadlock: Heads They Win, Tails We Lose
Super Committee Deadlock: Heads They Win, Tails We Lose Ellen Brown http://WebofDebt.com/articles November 17, 2011 It is no great surprise that with only days to go, the congressional “super committee,” given the herculean task of carving an additional $1.2 trillion out of the federal budget, has failed to reach agreement. …
Should Progressives Challenge Obama in the Democratic Primaries?
We write to you in light of recent deteriorating events in Washington, D.C. Misguided negotiations by the Obama Administration over increasing the debt ceiling willingly put our nation’s vital social services on the chopping block while Bush-era tax cuts remain untouched. Clearly the situation has reached crisis proportions. In response, …
The Basics Behind the Debt Limit Debate: More Partisan than Practical?
by Marian Wang ProPublica, May 17, 2011, 10:08 a.m. 6 Comments Republish E-mail Your e-mail Your name Friends’ e-mail(s) max 10, separated by commas Personal message Print Justin Sullivan/Getty Images file photo As you may have heard, the federal government hit its $14.3 trillion debt limit yesterday—something the Treasury has …