World-News

By Phil Rockstroh

Witnessing the acts and utterances of Republican presidential candidates can be regarded as a helpful psychological exercise, a type of 'exposure therapy' involving the development of methods used to bear the presence of unbearable people who insist on evincing the history of human ignorance, duplicity and insanity.

http://www.informationclearinghouse.info/article29996.htm



Democrats May Drop Millionaire Tax In Payroll Tax Fight

By Sam Stein

After months of arguing that millionaires should have to pay their fair share for the costs of the president s job bill, Democrats are poised to drop a provision that would make them do so.

http://www.informationclearinghouse.info/article29998.htm



US Census Shows 1 In 2 People Are Poor Or Low-income

By Hope Yen

Squeezed by rising living costs, a record number of Americans - nearly 1 in 2 - have fallen into poverty or are scraping by on earnings that classify them as low income.

http://www.informationclearinghouse.info/article29992.htm

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US Cities, Homes Echo with Pangs of Hunger, Poverty
http://www.commondreams.org/headline/2011/12/15-2

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A proud, angry poor

The Nation
by Frances Fox Piven

12/14/11

Occupy Wall Street has thrust the issue of extreme inequality into the spotlight. The movement has spread so quickly and alarmed politicians not because of its rather small encampments but because its message resonates. Most people know, or at least half-know, that our problem is growing inequality, and they also know that government is complicit in the financially driven capitalism that is in the driver s seat. ... Still, the movement has to respond to the police sweeps of its encampments by becoming broader and more hard-hitting...

http://www.thenation.com/article/165158/proud-angry-poor



The making of the 99%

The Nation
by Barbara Ehrenreich & John Ehrenreich

12/14/11

They have been around for a long time in one form or another, but they began to emerge as a distinct and visible group, informally called the 'superrich,' only in recent years. Extravagant levels of consumption helped draw attention to them.... But as long as the middle class could still muster the credit for college tuition and occasional home improvements, it seemed churlish to complain. Then came the financial crash of 2007-08, followed by the Great Recession, and the 1 percent - to whom we had entrusted our pensions, our economy and our political system - stood revealed as a band of feckless, greedy narcissists, and possibly sociopaths...

http://www.thenation.com/article/165167/making-99


Informant: Thomas L. Knapp



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