economy
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California oil severance tax kept off the table as politicians cut services
In late July 2009, the California Senate and State Assembly agreed on a budget that included more than $15 billion…
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Unemployed ‘opting for leisure’?
Anyone who hasn’t fully absorbed bourgeois economic “science” as taught in colleges and universities in the United States and most…
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Razing of California’s social spending sparks militant response
Within hours after the California legislature and Gov. Arnold Schwarzenegger signed a new state budget agreement that includes billions of…
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The essence of capitalist democracy
When it was announced that the giant insurance company AIG had rewarded its executives with more than $170 million in…
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The case for the next revolution
"That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter…
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El caso para la próxima revolución
"Cuando cualquier Forma de Gobierno se vuelva destructora de estos fines, el Pueblo tiene el Derecho de alterar o abolirlo…
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Capitalist criminal: GE CEO Jeff Immelt
One of the most favored propaganda tools of the capitalist class is harping on their supposed loyalty to bourgeois political…
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Goldman Sachs announces $11.4 billion in exec bonuses
Last month the Guardian newspaper reported that Goldman Sachs, one of the world’s largest investment banks and securities firms, intended…
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Illinois budget axes $3 billion in vital services, lays off thousands
On July 15, the Illinois state government passed a $26 billion budget that includes $2.1 billion in cuts to social…
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D.C. jobless rate officially passes 10 percent
The Washington, D.C., Department of Employment Services announced June 19 that the District’s official rate of unemployment reached 10.7 percent…
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