economy
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Study: Bank bailouts tied to political connections
According to a University of Michigan study, U.S. banks that spent more money on political lobbying were more likely to…
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Capitalists attack, the PSL fights back!
Far from the "change" promised by President Obama and his new administration, 2009 reinforced capitalism's status quo. It was a…
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Utilities shut off in 31,000 Rhode Island homes in 2009
From Rhode Island to California utility shut-offs are on the rise. Around 31,000 households in Rhode Island had their utilities…
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Undocumented workers face new repressive state tactics
On Dec. 15, Rep. Luis Gutierrez (D-Ill.) introduced HR 4321, the "Comprehensive Immigration Reform for America's Security and Prosperity Act…
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Workers and riders protest transit layoffs and cuts in Chicago
Holding their placards high, over 150 Chicago Transit Authority workers, riders and community supporters picketed and rallied on the morning…
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Bailed-out AIG ‘acquires’ small town water supplies, hikes rates 50 percent
The impoverished communities of Middlesboro and Clinton, Ky., are experiencing a real unemployment rate of around 30 percent and a…
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Workers bearing heavier tax burden across the country
A November 2009 report shows that nearly every U.S. state and local tax system takes a much greater share of…
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L.A. Socialism Conference inspires struggle against capitalist exploitation
On Nov. 21, around 200 people attended the Party for Socialism and Liberation's Socialism Conference in Los Angeles. Held at…
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Capitalism’s approval ratings hit new low
A recent BBC poll reported that "in only two countries, the United States and Pakistan, did more than one in…
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Busy San Francisco-Oakland Bay Bridge shut down for major repairs
On Oct. 27, San Francisco Bay Area rush hour commuters had the scare of their lives as 5,000 pounds of…
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