Intoxination

Category: Economy

Apr 1
2011

Redistribution Of Wealth!!!!!!

Economy

Does your paycheck still make you cry? Do you wonder why the bosses are all giddy like high school girls? Well this could be why (via Think Progress): At a time most employees can barely remember their last substantial raise, median CEO pay jumped 27% in 2010 as the executives’ compensation started working its way […]

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Mar 26
2011

Another #Fail Of GOP Economics

Economy

When the GOP talks about tax breaks for the rich and businesses they always use the argument that the more money business has, the more people they will hire. This has been in a direct conflict of supply and demand economics and more proof is in this: Despite high unemployment and a largely languishing real […]

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Mar 14
2011

Anonymous Leaks Internal Bank Of America Emails

Economy

Even with Julian Assange in a massive legal fight, his work carries on. Now the group Anonymous has released a large batch of Bank of America emails, with this potentially explosive information: The documents indicate that Bank of America improperly foreclosed on several homes during the height of the financial crisis in 2008 that began […]

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Mar 10
2011

Lies, Dirty Games and a Shred of Truth in Wisconsin

Economy

After 3 weeks of Wisconsin Democrats boycotting the Senate and us hearing constantly that they were needed to vote, last night the Wisconsin GOP did a typical dirty trick to strip employees of bargaining rights: In a bold gambit to put an end to the weeks-long budget standoff in Wisconsin, Gov. Scott Walker (R) split […]

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Mar 7
2011

Crazy Talker Walker

Economy

Is Scott Walker even all there mentally? At a press conference Monday afternoon, Gov. Scott Walker (R-WI) fired back at state Senate Minority Leader Mark Miller (D), the leader of the 14 Democrats who have fled the state in order to block budget quorum on Walker’s anti-public employee union proposals, who this morning sent Walker […]

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Mar 3
2011

More Than Union Busting

Economy

Yesterday the Ohio Senate passed SB5, a bill to strip public employees of their basic right to collectively bargain. This was after some very dirty tricks by the Senate GOP, including booting two GOP members off the committee because they opposed the bill. What isn’t getting much attention is one little provision hidden in the […]

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Feb 28
2011

Michael Bloomberg On Unions

Economy

The mayor of New York hits the nail on the head: Correcting this imbalance is not easy, but in a growing number of states, budget deficits are being used to justify efforts to scale back not only labor costs, but labor rights. The impulse is understandable; public sector unions all too often stand in the […]

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Jan 31
2011

Is Work Related Stress An Economic Disaster In Waiting?

Economy

The AFP has a very interesting article regarding worker stress and what it means on society, healthcare and even the economy: Economic turmoil, round-the-clock communication and constant social pressure to succeed have led to a costly increase in stress-related illness and burnout, a panel of experts told a packed session in the Swiss ski resort […]

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Jan 21
2011

New Poll Finds That The GOP Congress Is The Opposite Of The People When It Comes To Spending

Economy

A new New York Times/CBS poll has some really interesting numbers when it comes to dealing with the budget. For example; 55% of respondents feel that cutting military spending is the right way to go, including 42% of Republicans, which was the winning cut for the GOP in the poll. That really goes against the […]

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Jan 20
2011

Time To Man Up, Mr. President

Economy

There has been a lot of talk that President Obama might be open to some sort of deal to cut Social Security benefits. Well that is a very bad idea: President Barack Obama’s apparent willingness to consider cuts in Social Security benefits may be winning him points with Washington elites, but it’s killing him with […]

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