America's Race to the Bottom

By David Michael Green

The simple and sad fact is that greedy elites will always use their power to acquire unseemly quantities of wealth, unless one or both of two conditions obtain. The first is that they are socialized to be slightly less greedy, slightly more patriotic, and remotely compassionate about those who have nothing. They may also recognize, as Henry Ford did, that their long-term prospects are rather heavily tied to those of all the rest of us.

//www.informationclearinghouse.info/article24168.htm



The People Speak

Democracy Is Not a Spectator Sport

By Howard Zinn

"If democracy were to be given any meaning, if it were to go beyond the limits of capitalism and nationalism, this would not come, if history were any guide, from the top. It would come through citizen's movements, educating, organizing, agitating, striking, boycotting, demonstrating, threatening those in power with disruption of the stability they needed."

//www.informationclearinghouse.info/article24169.htm



Obama's Big Sellout

By Matt Taibbi

The president has packed his economic team with Wall Street insiders intent on turning the bailout into an all-out giveaway.

//www.informationclearinghouse.info/article24178.htm



Drug Money Saved Banks in Global Crisis, Claims UN Advisor

By Rajeev Syal

Drugs and crime chief says $352bn in criminal proceeds was effectively laundered by financial institutions.

//www.informationclearinghouse.info/article24175.htm



2010: "The Year of Severe Economic Contraction"

By Mike Whitney

Eight of 10 Americans rate joblessness a high risk to the economy in the next two years, outranking the federal budget deficit, which is cited by 7 of 10. An increase in taxes is named as a high risk by almost 6 of 10.

//www.informationclearinghouse.info/article24174.htm



Despite US Laws, Thousands Still Virtual Slaves in America

They toil in factories and massage parlors, on fruit and vegetable farms, and inside homes, hotels and restaurants from California to Maine. Stripped of their humanity, they're often threatened with their lives, or their families' lives, if they don't submit to the traffickers' demands.

//www.commondreams.org/headline/2009/12/13-5



US jobless claims rise, job openings decline

Initial US jobless claims in the week ending December 5 rose 17,000 from the previous week, confounding economists who had predicted a decline. The increase in the number of workers filing first-time claims for unemployment benefits brought the total of such claims for the week to a seasonally adjusted 474,000.

//www.wsws.org/articles/2009/dec2009/usec-d11.shtml



US: Child hunger, called the 'silent epidemic

With the economy faltering, the number of youngsters living in homes without enough food soared in 2008 from 13 million to nearly 17 million, the Agriculture Department reported last month.

//snipurl.com/todmg


From Information Clearing House



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