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Economy

U.S. Council Releases Plan to End Homelessness

A new plan created by a coalition of 19 federal agencies aims to end homelessness among veterans and people who are chronically homeless by 2015 and among families, youths and children by 2020. The plan, for the first time, includes a range of programs for people who need different levels of assistance. It also, for the first time, would require ...

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Academy Award-Winning Filmmaker Oliver Stone Tackles Latin America’s Political Upheaval in ‘South of the Border’

Academy Award-winning filmmaker Oliver Stone has taken on three American presidents in JFK, Nixon and W. and the most controversial aspects of the war in Platoon and Born on the Fourth of July. He looked at the greed of the financial industry in the Hollywood hit Wall Street and its forthcoming sequel. In South of the Border, his latest documentary ...

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U.S. Identifies Vast Mineral Riches in Afghanistan

WASHINGTON — The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government officials. The previously unknown deposits — including huge veins of iron, copper, cobalt, gold and critical industrial metals like ...

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Noam Chomsky: “The Video: Center Cannot Hold: Rekindling the Radical Imagination”

On this Memorial Day special, Democracy Now spent an hour with the world-renowned political dissident and linguist Noam Chomsky, professor at Massachusetts Institute of Technology, author of over a hundred books. He spoke recently in New York addressing more than a thousand people at the Left Forum. He began by discussing the case of Joseph Andrew Stack, who crashed his ...

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How to Cut the Deficit

On June 11, 2010, Rep. Barney Frank (MA) presented a detailed plan to cut $960 billion from the Pentagon budget over the next ten years. These cuts would reduce U.S.military spending by almost 20 percent and strengthen U.S. security. Urge your representative to sign a bipartisan letter addressed to President Obama’s deficit reduction commission. This letter commits the signers not ...

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Rev. Jesse Jackson: Congress Ignores Nation’s Job Crisis

Some 300,000 teachers face layoffs this coming year, writes civil rights activist Rev. Jesse Jackson. Congress hasn’t even had a vote on legislation that would keep them employed. Teenage employment was at record lows last year — when the stimulus bill funded some summer jobs. It is June, the school year is ending, and a $1.4 billion bill to provide ...

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Soldier in Iraq Loses Home Over $800 Debt

Capt. Michael Clauer’s homeowners’ association foreclosed on his family’s $300,000 house and sold it for $3,500. — By Nick Baumann Michael Clauer is a captain in the Army Reserve who commanded over 100 soldiers in Iraq. But while he was fighting for his country, a different kind of battle was brewing on the home front. Last September, Michael returned to ...

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Amy Goodman to speak in New Haven as part of book tour

By Amy Goodman, Edited by Denis Moynihan, Foreword by Bill Moyers Amy Goodman breaks through the corporate media’s lies, sound-bites, and silence in this wide-ranging new collection of articles. In place of the usual suspects, the “experts” who, in Goodman’s words, “know so little about so much, explain the world to us, and get it so wrong,” this accessible, lively ...

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Where Do Your Tax Dollars Go? – TaxDay 2010

With this publication, taxpayers can take stock of how the federal government spent each 2009 income tax dollar: from 26.5 cents for military-related spending to 13.6 cents for military and non-military interest on the debt to 2 cents for education. The publication also shows, in addition to individual income taxes, where the money came from in 2009 to pay for ...

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Nobel Economist Joseph Stiglitz on Obama’s Stimulus Plan, Debt, Climate Change, and ‘Freefall: America, Free Markets, and the Sinking of the World Economy’

As President Obama defends the success of his one-year-old $787 billion stimulus package, Amy Goodman of Democracy Now spoke to Nobel Prize-winning economist Joseph Stiglitz, who says the stimulus was both not big enough and too focused on tax cuts. Stiglitz is the author of the new book Freefall: America, Free Markets, and the Sinking of the World Economy, which ...

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