World-News

Zaid Jilani, ThinkProgress: 'Wall Street Pit s Ron Haruni points out that as the banking industry s stocks plunged this year, with major megabanks like Bank of America facing uncertain fates, their executives have walked away with sky-high salaries.'

http://www.truth-out.org/big-bank-stocks-plunge-ceos-continue-reap-huge-salaries/1325600360



Nineteen Million Jobs for US Workers

Robert Pollin, James Heintz, Heidi Garrett-Peltier and Jeannette Wicks-Lim, Political Economy Research Institute: 'Amid the ongoing employment crisis in the US economy, US commercial banks and large corporations are sitting on huge hoards of cash and other liquid assets. The banks are carrying $1.6 trillion in cash in their accounts at the Federal Reserve while the corporations are carrying about $2 trillion in liquid assets. In combination, these holdings amount to about 23 percent of US GDP.'

http://www.truth-out.org/19-million-jobs-us-workers/1325618718

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Data Suggest Long-term Unemployment Substantially Higher than Official Level
http://www.commondreams.org/newswire/2012/01/05-4

'Job Creators' Aren t Doing Their Job
http://www.commondreams.org/view/2012/01/06-1



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=US+economy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Federal+Reserve
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=corporat
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Wall+Street
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=banking+industry
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Big+Banks
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Bank+of+America
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=GDP
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=workers
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=unemploy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Zaid+Jilani
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Robert+Pollin
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=James+Heintz
http://freepage.twoday.net/search?q=Heidi+Garrett-Peltier
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Jeannette+Wicks-Lim
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Carl+Gibson
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