Editors' Blog
What is the role of Federal Reserve as creditor?
Evidently, the Federal Reserve holds the largest piece of the National Debt pie.
Back to the Future Capitalism
The budget deal that is being processed today has to be seen for what it is—a defeat for the working class of the U.S. and a victory for both monopoly capitalism and the forces of reaction.
[Update] Broadly Speaking: Standing up to Republican hostage taking
From Health Care for America Now!:
The Reactionary Republican Menace, and Not Only to the Economy
As working people are mobilizing through the country to save social security and medicare, the ultra-right Republicans continue their economic blitzkrieg against the President and the Senate.
Two-thirds of Americans say jobs are more important than deficit
This from AFL-CIO Now:
Cuba boosts subsidies for private business
From Cuban News Agency:
A Fireside Chat on Jobs and Social Security As the Crisis Grows
Here in two sections is Franklin Roosevelt's "fireside chat" address to the American people on econmic and social legislation, anti-monopoly legislation and social security especially
Capitalism Gone Very Very Mad or My Gang of Six
I sometimes wrote pieces for PA online under the title "Capitalism Gone Mad," and I was thinking of doing another one recently.