In under a week the civil rights movement have lost two big names. Last week Benjamin Hooks passed away and today it’s Dorothy Height: Dorothy Height, a longtime leader of the U.S. civil rights movement and the chairwoman of the National Council of Negro Women, died on Tuesday in Washington. She was 98. Trained as […]
This is why we also need banking reform: US banks stand to collect a record $38.5bn in fees for customer overdrafts this year, with the bulk of the revenue coming from the most financially stretched consumers amid the deepest recession since the 1930s, according to research. The fees are nearly double those reported in 2000. […]
Bush’s legacy keeps on building: The nation’s unemployment rate bolted to 7.2 percent in December, the highest level in 16 years, as nervous employers slashed 524,000 jobs, capping one of the worst years in modern history for American workers. But those are just the unemployed. Let’s not forget those who are still working, but have […]
I missed this article by Thomas Frank yesterday in the Wall Street Journal: Last week, Republican presidential candidate John McCain called for a commission to “find out what went wrong” on Wall Street. It was an excellent suggestion: Public inquiries into Wall Street practices served the country well in the 1930s. And Mr. McCain has […]
The weather has been crazy this year, that is certain. With all the massive flooding in the Midwest, another weather problem seems to be – droughts in the South: Officials in the Oklahoma Panhandle are appealing for government aid to help with the effects of a drought that has harmed crops and livestock forage. “This […]