…is hardly the dream of their parents. Paul Krugman, at the New York Times, writes:
You’ve probably heard lots about how workers with college degrees are faring better in this slump than those with only a high-school education, which is true. But the story is far less encouraging if you [...]
As American families rush to complete their annual tax returns, many will have paid more in federal income taxes than some of America’s largest and most profitable corporations. AT&T, Boeing, Citigroup, Duke Energy and Ford collectively reported more than $20 billion of US pre-tax income last year, [...]
A retired Greek pharmacist shot himself in a public square in Athens this week, because he said the government’s austerity plan left him penniless. The 77-year old man, Dimitris Christopoulas, is rapidly becoming a national martyr.
DickG., who sent the link, wonders if this could happen here, in the [...]
In recent years, banks have shown faith groups a little leeway when they haven’t been able to meet their mortgages, but no more. From Reuters:
The surge in church foreclosures represents a new wave of distressed property seizures triggered by the 2008 financial crash, analysts say, with many banks no longer willing [...]
