Economist Stephanie Kelton

To guarantee a living wage, make government the employer of last resort

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Economist Kelton’s fix for employment: “Create competition” between gov’t and the private sector for employees.
Economist Stephanie Kelton

“80% of all the income gains since start of recovery have gone to the top 20%”

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Is there “burnable carbon”? Economist Kelton says there better be, because we’re not stopping.

Legal bribery: Tim Geithner earns $400,000 for 3 speeches on Thank You Street

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Geithner made sure Goldman Sachs got 100 cents on the dollar in the AIG bailout. Now it’s his turn for thanks.

Think your bank deposits will always be 100% guaranteed by the FDIC? Think again.

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The US, UK and NZ have contingency plans to possibly institute Cyprus-style bank deposit confiscation.

“Capitalism never solves its crisis problems; it moves them around geographically”

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A great animated explanation of why modern capitalism is a world of constant crisis.
Newt’s SuperPAC launches another video going after Romney titled “Blood Money”

Free trade and unrestricted capital flow: How billionaires get rich and destroy the rest of us

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“Free trade” is why they’re obscenely rich, we’re poorer by the day, and world economies regularly crash.
Portugal flag via Shutterstock

Austerity’s next victim: Portugal

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The Portuguese economy has retracted worse than expected due to GOP-style austerity measures. Surprise!
Screen Shot 2013-02-21 at 10.25.00 AM

Ed Asner narrates “Tax the Rich: An animated fairy tale”

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The solution to our problems is simple: We must tax the rich. When will we accept that simple fact?

No austerity anywhere in the world has restored a national economy

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The song of the predator class — “All your money are belong to us.”
Jobs via Shutterstock

Jobs report “steady but uninspiring”

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The jobs numbers continue to be decent but not exciting, though it’s more growth than during the Bush years.
Bill Clinton on the new “moderate” Mitt Romney

The Clinton economic era was not a Democratic golden age

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If you think the Dems bring economic gold, read this.
Wall Street

Wall Street banks fleecing unemployed Americans

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Once again Wall Street is making a huge profit on the problem that they caused in the first place.
debt economic crisis

Depression, suicide linked to debt

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“Irresponsible lending and intimidating debt collectors are pushing thousands of people… into depression.”
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