An Epoch Named!

With Barack Obama in the White House — and the greatest economic meltdown since the Great Depression upon us — an era may finally have ended, an era that has dragged on excruciatingly for nearly three decades. Over that span, wealth has been cascading into...

White Privilege and the Concentration of Wealth

Join us for a presentation, followed by refreshments and discussion. In recent decades we have witnessed a colossal redistribution of wealth in the United States, leading to the worst period of concentration of wealth and power in the last century. The recent...

The Bailout and CEO Pay: What’s ‘Excessive’?

Everyone knew this bailout was going to be big. Now the bailout has become even bigger. Treasury Secretary Henry Paulson is not just talking about bailing out mortgage lenders and traders any more. The federal government, Paulson now envisions, will be buying up all...

Tax the Speculators

With the specter of financial Armageddon raised in headlines everywhere, two questions keep occurring to me. Where will the government find the $85 billon to bail out AIG and other Wall Street giants? And how will we pay for the proposed Main Street recovery,...

Despite the Mortgage Crisis, Hedge Funders Are Still Raking It In

You’ve probably been staying up nights worrying about how hedge fund managers are going to weather the credit crunch stemming from the subprime mortgage storm. These men are expected to really suffer since they borrow so heavily to finance their gambling in...

Deeply Unequal World

Some people, at year’s end, like to spread holiday cheer. The world might do better, suggests a landmark new report from the United Nations University in Helsinki, to start spreading wealth. The new study–the first ever to tally, for the entire world, all...