Wednesday, October 31, 2007

Wednesday, August 29, 2007

The Frightening Future in the Market Meltdown

The Frightening Future in the Market Meltdown

Lawrence Kotlikoff, writing for the Federal Reserve Bank of St. Louis, revealed last year that the U.S. faces $65 trillion (yes, that's a "t") in "unfunded liabilities," debts it has committed to pay but for which there is no identified source of funding. Kotlikoff suggests that the U.S. may be actuarially bankrupt, that it cannot pay its obligations under any reasonable scenario. It borrows $2.5 billion every day from the rest of the world just to keep the lights on. That amounts to 85% of the entire world's net savings, an astonishing, unprecedented dependency that simply cannot - will not - be sustained.





Monday, August 27, 2007

In the Name of Fashion: Exploitation in the Garment Industry

Here is a link to an article about every ones favorite maker of children's Fashion: Exploitation in the Garment Industries clothing manufacturer.

Friday, August 24, 2007

Saturday, June 09, 2007

the disgusting business of milking the working poor

Work work work, and when down on your luck...you must be lazy.

Wednesday, February 28, 2007

Were Back

Well we have been on a hiatus but we are back, more goodness to come.