$1.50 a week. Is that a pay hike worth celebrating? Well, at least it is according to House Speaker Paul Ryan. On Saturday, Ryan tweeted … As Paul Ryan Touts a Secretary’s $1.50 Weekly Pay Hike, Koch Bros. Reap $1.4B from GOP Tax PlanRead more
Economics
Posted inCollapse / Economics / ToMl
Collapse of Construction Giant with 43,000 Employees Globally Sparks Fear and Mayhem
The decline and fall of 200-year old UK infrastructure group Carillion was as spectacular as it will be costly. It was forced into compulsory liquidation … Collapse of Construction Giant with 43,000 Employees Globally Sparks Fear and MayhemRead more
Posted inAmazon / Economics / Politics / ToMl / USA Empire
Living in cars, working for Amazon: meet America’s new nomads
Millions of Americans are wrestling with the impossibility of a traditional middle-class existence. In homes across the country, kitchen tables are strewn with unpaid bills. … Living in cars, working for Amazon: meet America’s new nomadsRead more
Posted inEconomics / ToMl / USA Empire / Worker
Living Paycheck to Paycheck is a Way of Life for Majority of U.S. Workers
Do you countdown to payday? You’re not alone. More than three-quarters of workers (78 percent) are living paycheck-to-paycheck to make ends meet — up from … Living Paycheck to Paycheck is a Way of Life for Majority of U.S. WorkersRead more
Posted inEconomics / Finance / ToMl / USA Empire
Understanding and Using America’s Fiat Money
Before it disappears forever from our experience—which the rapid adoption of smart-phone commerce suggests might happen within the next decade—we should examine, take stock of, … Understanding and Using America’s Fiat MoneyRead more
Posted inEconomics / ToMl / USA Empire / Worker
Paycheck-to-Paycheck way of life
If you’re working like crazy and still just squeaking by, you might be relieved to learn you are far from alone. A couple of months … Paycheck-to-Paycheck way of lifeRead more
Posted inEconomics / Internet / ToMl / USA Empire / Worker
The Internet Is Enabling a New Kind of Poorly Paid Hell
Technology has helped rid the American economy of many of the routine, physical, low-paid jobs that characterized the workplace of the last century. Gone are … The Internet Is Enabling a New Kind of Poorly Paid HellRead more
Posted inEconomics / News / Poverty / Suicide / USA Empire / Worker
NYC Livery Driver Commits Suicide at City Hall, Blaming Uber & Politicians for Financial Ruin
in the United States, New York City taxi drivers held a vigil on Tuesday to honor livery car driver Douglas Schifter, who killed himself in … NYC Livery Driver Commits Suicide at City Hall, Blaming Uber & Politicians for Financial RuinRead more
Posted inAccounting / Collapse / Economics / ToMl
Fallout from Carillion Collapse Hits KPMG
Next Arthur Andersen? No, the “Final Four” audit firms are “too big to replace.” As the rubble from the financial collapse of British infrastructure giant … Fallout from Carillion Collapse Hits KPMGRead more
Posted inEconomics / Saudi Arabia / ToMl / USA Empire / Weapons / Yemen
Weapons Sales in Yemen War
On Wednesday, Norway’s Ministry of Foreign Affairs announced the country will stop supplying weapons and ammunition to the United Arab Emirates, citing “great concern” over … Weapons Sales in Yemen WarRead more