5 Ways America Is Already Socialist
The scariest thing in American politics already walks among us. AJ+ – 5 Ways America Is Already Socialist.
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Episode 659: How To Make $3 Trillion Disappear : Planet Money : NPR
END ID=”RES451923946″ CLASS=”BUCKETWRAP STATICHTML” Janet Yellen, chair of the U.S. Federal Reserve, speaks during a news conference. Andrew Harrer/Bloomberg via Getty Images hide caption itoggle caption Andrew Harrer/Bloomberg via Getty Images Janet Yellen, chair of the U.S. Federal Reserve, speaks during a news conference. Andrew Harrer/Bloomberg via Getty Images After the…
Why Are Half Of All 25-Year-Olds Still Living With Their Parents? The Federal Reserve Answers | Zero Hedge
Back in 1999, a quarter of all 25-year-olds lived with their parents. By 2013 this number has doubled, and currently half of young adults live in their parents home. While the troubling implications for the economy from this startling increase are self-evident, and have been extensively discussed both here and elsewhere (and are among the…
Successful journalists need to ‘be adaptable,’ says Politico’s Kara Kearns | IJNet
A turning point for POLITICO Director of Operations Kara Kearns’s career took place Sept. 10, 2001, the last day of her junior-year residency at MSNBC. “On the morning of Sept. 11, I was in my car with every possession of mine in my trunk,” she said. “I was driving home because I had to start school in a…
Is Wall Street Eating Your 401(k) Nest Egg? : NPR
High fees are eroding the retirement savings of millions of Americans, but employers who shop around can often find much better options for their employees’ 401(k) plans. Annette Elizabeth Allen/NPR hide caption itoggle caption Annette Elizabeth Allen/NPR High fees are eroding the retirement savings of millions of Americans, but employers who shop around…
Goodbye Middle Class: 51% Of All American Workers Make Less Than $30,000 A Year | Zero Hedge
Submitted by Michael Snyder via The End of The American Dream blog, We just got more evidence that the middle class in America is dying. According to brand new numbers that were just released by the Social Security Administration, 51 percent of all workers in the United States make less than $30,000 a year. Let…
If Caterpillar’s Data Is Right, This Is A Global Industrial Depression | Zero Hedge
Most cats bounce at least once when they die, but not this one: after CAT posted its first annual drop in retail sales in December of 2012, it has failed to see a rise in retail sales even once. In fact, since then Caterpillar has seen 34 consecutive months of declining global sales, and 11…
The Gender Pay Gap Widens as Men’s Earnings Grow Twice as Fast as Women’s – WSJ
article start The gender pay gap is widening again because men’s earnings are growing this year at twice the rate of women’s. The median weekly earnings for full-time male workers was $889 in the third quarter, the Labor Department said Tuesday. That’s a 2.2% increase from a year earlier. Meanwhile, full-time female workers’ earnings were $721, up…
Eight Days Of Chaos For Users Of Russell Simmons’ Debit Cards – BuzzFeed News
The past week has been a nightmare for Americans who use Russell Simmons’ pre-paid RushCard debit cards and have been completely unable to access their money, including recent paychecks, thanks to glitches arising from a “technology transition.” Today marks the eighth day some customers are unable to access their funds. On its own, that’s stunningly…
RushCard’s Failure Has One Mom Walking To Work This Week – BuzzFeed News
Marcia Davis, a mother of six in Baltimore, walked to work this morning. And not for the fresh air or the exercise — she walked because she couldn’t pay for her bus pass. She couldn’t buy it for the same reason she can’t buy anything else: Since last week, she has been unable to access…