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Machine Pollies Raid LA and Philly Camps

Machine politicians in Los Angeles and Philadelphia acted to preserve the status quo that's enriching them Tuesday night and Wednesday morning, by ordering police...

Failing middle class nears poverty line

A new government poverty measure meant to better count disposable income has also exposed the startling demise of America's middle class in the face of two decades of class warfare and pay-to-play politics by predatory elites.

About 100 million Americans are now either living in poverty or just above it, according to this article in The New York Times. Given our nation's 315 milliom people, that's about one in three.

Fifty-one million middle-class Americans are now considered "near-poor because they earned less than 150% of the government's national poverty line under the new count. That's three-quarters higher than the official account published in September. The national poverty line was $24,343 for a family of four in 2010.

The size of thomehe near-poor population took Census Bureau statisticians by surprise.

“These numbers are higher than we anticipated,” Trudi J. Renwick, the bureau’s chief poverty statistician, told the Times. “There are more people struggling than the official numbers show.” (Continued)

Newsroom Insider: Hating on Chelsea Clinton

A pair of headlights cut through the darkness behind me on a country road outside Claxton, Ga., one night in 1994. They closed swiftly...

Newsroom Insider: Occupy Wall Street

Roll the timeline backwards to September of 2005. I was covering Hurricane Katrina in New Orleans for a major wire service when a newly...

“Occupy Wall Street” Antes Up

The Occupy Wall Street movement is for real. No one is really sure exactly what OWS is yet. However, the nonviolent grassroots...

Cynical Times Defends Middle Class Against 1% Lackey

It's a good thing dueling is illegal, because that's the only thing stopping this pugnacious working-class hero from tapping my front foot, shouting "ha...

European Nations Ban Short Selling as Cities Burn

You have to laugh at the latest nonsense from the fringe-right about the riots now occurring in Europe, which some Washington, D.C., lobbyists and...

The New Normal: Dire Economic Straits

An interesting Bloomberg article by Sree Bhaktavatsalam suggests that Wall Street's reflexive cheerleading is finally melting off as investors embrace painful truths, like the fact...

A Dishonored America in Decline

The opposite of one extreme is not the opposite extreme – it's moderation. Unfortunately, that axiom seems to have escaped the U.S....

GOP Core to Wingnuts: Cause a Federal Default, Are You Insane?

Every so often, Republicans start to believe their own bullshit and forget they're the party of inherited wealth. Not morality or religion. The Republican Party's...

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