Friday, January 27, 2023
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Why Hillary lost

Used to be only Republicans used the term “reality-based community” to refer to principled Americans who stubbornly clung to concepts like duty, honor and...

Congress and Lobbyists Missing Obama

Say what you will about former president Barack Obama, but his oft-frustrated reform efforts were a windfall for the lobbyist industry and the political...

Cory Booker: Wall Street’s Newest Political Hooker

If I've learned anything about elected officials during my 20 years in journalism, it's that while they act dignified around us peasants in the...

Occupy Wall Street Infiltrator Confesses All

The infiltrator witch hunts now poisoning Occupy Wall Street really piss me off, mostly because they're succeeding at turning people against eachother.

Bush tax cuts for wealthy are gift that keeps giving

Recent reports suggest that almost 50% of Americans are now living in poverty or at a "low income" level, even as the wealthiest Americans see their tax burdens diminish due to cuts enacted during the administration of former President George W. Bush.

That's more than three-quarters higher than the official account published in September. The claim is based on a new supplemental measure by the Census Bureau that includes health care, transportation, and other essential living expenses in the poverty calculation.

Meanwhile, the very rich are poised to benefit from another year of Bush tax cuts that will trim a further 1% to 2% off their tax burden. It is this growing inequality that has helped give birth to The Occupy Wall Street movement.

"There is something profoundly wrong with the way our democracy works and how it's benefiting such a tiny fraction of the American population and the world population," said Douglas Ficek, a philosophy professor and Occupy protester.

High-handed Congressman gets set straight

The Cynical Times is loving on historian Douglas Brinkley today for his courageous stand during a Congressional hearing in Washington, D.C., after an icon...

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)

Bama tells Wall Street to go to hell

The biggest news of the day is not Joe Paterno's firing, Rick Perry's latest brain fart, or the most recent article planted in the...

GOP Pollster: Marco Rubio a Pathological Liar

It seems that U.S. Sen. Marco Rubio (R-Fla.), the wingnut darling, has trouble with both the truth and with money. Other people's money. ...

Deficit Reduction Committee Raking in “Donations”

The 12 members of Congress' deficit reduction committee are experiencing a windfall in political donations. They've received more than $300,000 from 93 special...