Author Archives: admin
Yes, We Are Becoming a Banana Republic
Almost half of all Americans and 57% of American children are now low income or poor. The Republican response? What about those anecdotal poor people who are living in nice houses and have wide screen TVs? Know anyone like that? … Continue reading
How the SEC Prosecution of Big Banks is Going
Citibank was recently given a slap on the wrist by the SEC for creating derivitave securities that it sold to investors and then bet against. We need real reform: http://www.theatlantic.com/business/archive/2011/12/too-big-to-stop-why-big-banks-keep-getting-away-with-breaking-the-law/249952/
Reich on How Wall Street Keeps Stacking the Deck
Wall Street is now fighting legislation to limit speculation in the commodities market. A few people who make good bets make a lot of money this way, but for consumers and producers, speculation creates wild price fluctuations, ensuring that at … Continue reading
A Health Insurance Executive Blows the Whistle
Since health insurance costs have created hard times for so many Americans, I am sharing this link to an interview with Wendell Potter, a former health insurance executive who blew the whistle on his old boss Cigna: http://www.phawker.com/2011/12/06/coming-attraction-the-man-who-wasnt-there/ More evidence that … Continue reading
Why I Support the Occupy Movement
I’ve worked as technical writer in the financial services industry for 20 years. It was never my first choice as a career or industry. I took the jobs and did the work to support my family. Like the captive to … Continue reading
Millionaires in Favor of the Surtax
I am posting this link from NPR because it provides quotes from real “job creators” that they have no problem paying a 2% surcharge on their income tax to pay for an extension of the payroll tax cut for the … Continue reading
Occupy Boston Marches to the Charlestown Bridge
In a steady, near-freezing drizzle, a group of protesters that defied categorization, marched from the Dewey Square Occupy Boston encampment to the aging Charlestown Bridge. Union workers led the crowd in chats of “What do we want? Jobs!” and “When do we … Continue reading
Why They Came
Starting around 2 PM on Friday, September 30, protesters carrying signs, banners, bullhorns and improvised drums converged on the Boston Common for a 3 PM rally, their numbers likely boosted by a warm and sunny fall day of rareperfection. The … Continue reading