"The top 1-percent have the best houses, the best educations, the best doctors, and the best lifestyles," Nobel Prize winner Joseph E. Stiglitz concludes, "but there is one thing that money doesn't seem to have bought: an understanding that their fate is bound up with how the other 99-percent live. Throughout history, this is something that the top 1-percent eventually do learn. Too late."
8 New Items including:
- Behind slick Apple products lurk gritty facts about human costs
- Is the Federal Government Helping to Bust Unions?
- Remaking America: From Poverty to Prosperity
- Socialist Response to the State of the Union
- World economy set for another major downturn
- Soros Predicts Growth of Occupy Movement, Applauds it for Changing the Political Debate
- Who Will Fix the Economy
- Paul Krugman | All the GOP's Gekko
David Culver, Ed., Evergreene Digest
Brian Adcock
Socialist Response to the State of the Union, Stewart Alexander, Socialist Webzine
- Job creation has been and will continue to be the most obvious way that Obama has sold out working people throughout America.
- Obama’s State of the Union - Too Little Too Late
- The Misadventure of Ron Paul
Behind slick Apple products lurk gritty facts about human costs, Charles Duhigg and David Barboza, New York (NY) Times
- The workers in China who assemble iPhones, iPads and other Apple devices often labor in harsh conditions; problems are as varied as onerous work environments and serious — sometimes deadly — safety risks.
- Vast, fast factories overseas is why Apple can't make iPhones here
World economy set for another major downturn, Nick Beams, World Socialist Website
- Despite the trillions of dollars handed out to the banks and financial institutions over the past three years by governments around the world, nothing has been resolved.
- Who Will Fix the Economy?
Soros Predicts Growth of Occupy Movement, Applauds it for Changing the Political Debate, John Arlidge, Newsweek / Kevin Zeese, October2011
- George Soros on the Coming U.S. Class War
- 'The situation is about as serious and difficult as I've experienced in my career.'
Who Will Fix the Economy? Henry Mintzberg, Nation of Change
- On the ground, there are two kinds of enterprises: those that rely on exploration, and those that rely on exploitation. Every economy has both, but a healthy one favors the explorers. This fosters the sense of enterprise that made the United States such an economic powerhouse.
- Confronting the Wealth Divide is the Key to Fixing the World Economy
- Remaking America: From Poverty to Prosperity
Is the Federal Government Helping to Bust Unions? Mike Elk, In These Times
- Defense contractor Honeywell pushed concessions onto striking workers—and unions say Washington supported the company behind the scenes.
- 'Nobody can screw you like your friends,' says AFL-CIO Metal Trades Department President Ronald Ault. 'We had better labor relations under [Bush appointed-DOE Secretary] Sam Bodman than [President Obama's DOE Secretary Steven] Chu."
Remaking America: From Poverty to Prosperity, Byron Williams, Huffington Post
- Which direction the country is to go, what type of nation do we choose to be, and what kind of people do we choose to be.
- The conversation will be broadcast live on C-SPAN Thursday January 12 and rebroadcast for three nights on Tavis Smiley on PBS beginning Monday, January 16.
- Chris Hedges | Brace Yourself!
Paul Krugman | All the GOP's Gekkos, Paul Krugman, New York (NY) Times
- Almost a quarter of a century has passed since the release of the movie 'Wall Street,' and the film seems more relevant than ever. The self-righteous screeds of financial tycoons denouncing President Obama all read like variations on Gordon Gekko's famous 'greed is good' speech, while the complaints of Occupy Wall Street sound just like what Gekko declares at one point in private: "I create nothing. I own." At another, he asks his protege, "Now you're not naive enough to think we're living in a democracy, are you, buddy?"
- How the GOP Tries to Transform America into a Selfish, Souless Place
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Over the years, hiring managers have born witness to every hiring, interviewing, résumé, cover letter and negotiation mistake there is.
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(This year's) State of the Union response by Mitch Daniels was remarkable before he uttered a single word. Daniels’ response was the first to be delivered from a building surrounded by dozens of police cars and chanting activists, by a man on the cusp of delivering a body blow to workers’ rights. “We were surprised, frankly,” says Jeff Harris of the Indiana AFL-CIO, “that the Republicans would choose somebody who is in open war with his constituents and his citizens and put him up as the national speaker for the Republican Party.” For anyone who thought that progressive victories in Wisconsin and Ohio would lead the national Republican party to tone down the union-bashing, last night was a rude awakening.
The parents of Lai Xiaodong, a Foxconn Technology worker who was killed in a May explosion at an iPad factory in Chengdu, China, hold a photo of their son, in Xinsheng township. Their 22-year-old son, a college graduate, was fatally burned in the blast triggered by aluminum dust. As Lai's mother said, her son was tough: "He held on for two days" before he died. 
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Suppose I were to tell you that for the past two years the federal government has been spending nearly $1.5 million to create one job, what would your reaction be? Would it be one of disbelief and bewilderment? But suppose I were to prove my statement by citing official data, then how would you react? Well, you make up your own mind, but my response is that the administration's advisers should rethink their approach. Does it make sense to spend so much money to generate one job when the average wage is less than $50,000 per year? In fact, this policy is so foolish that it might even be better just to hand over the average salary to the unemployed so they stay calm, make both ends meet and create consumer demand.
