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John Darkow | Sheriff Elizabeth Warren / media.cagle.com

John Darkow | Sheriff Elizabeth Warren / media.cagle.com

Section(s): 

Tracking the Green Line: Will urban renewal by transit turn into poor-people removal?

While the Green Line may attract new residents who will commute to high-paying jobs in the two downtowns, current residents who moved in before the line was built may still have to travel by car to less accessible areas of the metro. In that case, rising rents will push them out.

Marlys Harris, MinnPost

13473599743_833f21f269_z.jpg In cities across the nation, new transit lines see developers bidding up the cost of land, even before the train starts operating. Courtesy of Metro Transit

05/16/14 | As you've no doubt heard, unless you've been on an extended visit to Planet Beta Zeta V, the Green Line — aka, the Central Corridor LRT — will have its grand opening June 14. The train will provide a connection between the Twin Cities' two downtowns — though how efficient that connection will be is still an open question. Test runs have clocked the trip at a full hour.

In response to questions about that, Susan Haigh, chair of the Metropolitan Council, which is in charge of the line's construction and operation, asserted Wednesday that Metro Transit is still working on syncing up signals. Anyway, "Not everybody will ride it end-to-end," added Haigh at a press conference to draw attention to the $2.5 billion in new residential and commercial construction that has occurred within a half mile of the LRT

A Minnesota native, Marlys Harris has been an investigative reporter and editor with specialties in consumer protection and finance for Money Magazine and Consumer Reports. She has a master’s degree in urban planning from Hunter College Graduate School of the City University of New York.

Full story … 

Section(s): 

The Shocking Numbers Behind Corporate Welfare

 

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  • In fact, the numbers significantly understate the true value of taxpayer subsidies made by state and local government agencies to businesses, , including cash giveaways, building and land transfers, tax abatements and steep discounts on electric and water bills, for reasons explained here.
  • 10 Corporate Behemoths Stifling Competition and Delivering Awful Service to You

David Cay Johnston, Al-Jazeera America

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src.adapt.960.high.1393513920058.jpgAn Air India Boeing 787 Dreamliner taking off for a display at the 50th Paris Air Show, at Le Bourget Airport near Paris in June 2013. Pascal Rossignol/Reuters

February 25, 2014 | State and local governments have awarded at least $110 billion in taxpayer subsidies to business, with 3 of every 4 dollars going to fewer than 1,000 big corporations, the most thorough analysis to date of corporate welfare revealed today.

Boeing ranks first, with 137 subsidies totaling $13.2 billion, followed by Alcoa at $5.6 billion, Intel at $3.9 billion, General Motors at $3.5 billion and Ford Motor at $2.5 billion, the new report by the nonprofit research organization Good Jobs First shows.

David Cay Johnston, an investigative reporter who won a Pulitzer Prize while at the New York Times, teaches business, tax and property law of the ancient world at the Syracuse University College of Law. He is the best-selling author of "Perfectly Legal", "Free Lunch" and "The Fine Print" and editor of the new anthology "Divided: The Perils of Our Growing Inequality."

Full story … 

Related:

10 Corporate Behemoths Stifling Competition and Delivering Awful Service to You, Alex Henderson, AlterNet

  • Customers benefit when actual competition occurs. But that's rare these days.
  • Here are 10 mammoth corporations that detest free-market competition and do everything they can to stamp it out or greatly reduce it.
  • The Kochs’ Fig Leaf
Section(s): 

America is Falling Behind, Way Behind

  • The poor in much of Europe earn more than poor Americans.
  • Part 1: We're NOT Number 1: Guess Which Country Now Has a More Affluent Middle Class Than America? 
  • Part 2: 5 Ways American Policies and Attitudes Make Us Lonely, Anxious, and Antisocial

Compiled by David Culver, Ed., Evergreene Digest

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Part 1: We're NOT Number 1: Guess Which Country Now Has a More Affluent Middle Class Than America?

America's rich are surging ahead, but the rest are falling behind. What happened?

Lynn Stuart Parramore, AlterNet

Photo Credit: Shutterstock.com/Jeanette Dietl

April 23, 2014  |  Fancy living up in Canada? Granted, it’s a bit chilly. But the middle class up there has just blown by the U.S. as the world’s most affluent. America’s wealthy are leaping ahead of the rest of much of the globe, but the middle class is falling behind. So are the poor. That’s the sobering news from the latest research put out by LIS, a group based in Luxembourg and the Graduate Center of the City University of New York.

After taxes, the Canadian middle class now has a higher income than its American counterpart. And many European countries are closing in on us. Median incomes in Western European countries are still a bit lower than those of the U.S., but the gap in several countries, including the Netherlands, Sweden and Britain, is significantly smaller than it was a decade ago. However, if you take into account the cost of things like education, retirement and healthcare in America, those European countries’ middle classes are in much better shape than ours because the U.S. government does not provide as much for its citizens in these areas. So the income you get has to be saved for these items.

Lynn Stuart Parramore is an AlterNet senior editor. She is cofounder of Recessionwire, founding editor of New Deal 2.0, and author of "Reading the Sphinx: Ancient Egypt in Nineteenth-Century Literary Culture." She received her Ph.D. in English and cultural theory from NYU. She is the director of AlterNet's New Economic Dialogue Project.

Full story … 



Part 2: 5 Ways American Policies and Attitudes Make Us Lonely, Anxious, and Antisocial

At each stage of life, we are being stunted as human beings.

Lynn Stuart Parramore, AlterNet

Photo Credit: ollyy / Shutterstock.com

April 19, 2014  |  You would think that by the 21st century, we would know something about what it takes for humans to live fulfilling lives. After all, we’ve witnessed enormous advances in science, psychology, sociology, and related fields over the past couple of centuries.

The great mystery is that we seem to be doing worse, not better.

Clearly, a lack of information isn’t the problem. Between the academic conferences, whole sections of bookstores and armies of pundits like Harvard psychologist (and Prudential spokesman) Daniel Gilbert, author of Stumbling Upon Happiness, we are given the secrets of well-being and offered reams of data, advice and lessons on what to seek and what to avoid.

Lynn Stuart Parramore is an AlterNet senior editor. She is cofounder of Recessionwire, founding editor of New Deal 2.0, and author of "Reading the Sphinx: Ancient Egypt in Nineteenth-Century Literary Culture." She received her Ph.D. in English and cultural theory from NYU. She is the director of AlterNet's New Economic Dialogue Project.

Full story …

Section(s): 

Krugman | Worried About Oligarchy? You Ain't Seen Nothing Yet

  • 'Even those of you who talk about the 1%, you don't really get what's going on. You're living in the past.'
  • New Study Finds the U.S. Is Not a Democracy

Jon Queally, Common Dreams

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krugman_moyers.jpg (Credit: Moyers & Company) 

Friday, April 18, 2014 | In an interview with journalist Bill Moyers set to air Friday Apr 18), Nobel laureate and New York Times columnist Paul Krugman celebrates both the insights and warnings of French economist Thomas Piketty whose new ground-breaking book, Capital in the Twenty-First Century, argues that modern capitalism has put the world "on the road not just to a highly unequal society, but to a society of an oligarchy—a society of inherited wealth."

The conclusions that Piketty puts forth in the book, Krugman tells Moyers, are revelatory because they show that even people who are now employing the rhetoric of the "1% versus the 99%" do not fully appreciate the disaster that global wealth inequality is causing.

Jon Queally, staff writer, Common Dreams

Full story … 

Related:

New Study Finds the U.S. Is Not a Democracy, Natasha Hakimi Zapata, Truthdig

Politics%20Banner.jpg

  • So What Is It?
  • Bill Moyers Essay: The End Game for Democracy
  • Noam Chomsky | U.S. Politics Are Now 'Pure Savagery'
Section(s): 

Series | Class War for Idiots, Part 2: Libertarianism = Assholism

Politics%20Banner.jpg

  • Their whole ideology is like a big game of Dungeons & Dragons. It’s all make-believe, except for the chain-mail–they brought that from home. Elves, dwarves and fair maidens for capital. Even with the supposedly “good ones”—anti-war libertarians—we’re still talking about people who think Medicare’s going to lead to Stalinism.
  • Series | Class War for Idiots, Part 1: The Roots of Stalin in the Koch Brothers and the Tea Party Movement
  • The Great American Class War
  • We Are In a Class War

Connor KilpatrickDangerous Minds

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mitonfriedmantimemagazinecover.jpg July 7, 2012 | The term “Libertarian” has long been synonymous with “Asshole” in my estimation, and I think it’s safe to say that Jacobin magazine editor Connor Kilpatrick probably feels the same way.

Today is the centenary anniversary of the birth of Libertarian icon, economist Milton Friedlman, so what better day for the publication of the most viciously hilarious takedpown of the Libertarian position that I think I’ve ever read?

Excerpted from the much longer “It’s Hip! It’s Cool! It’s Libertarianism!” which was cross-posted today at both Naked Capitalism and The Exiled:

Connor Kilpatrick:  the managing editor of Jacobin magazine, a leading voice of the American left, offering socialist perspectives on politics, economics, and culture. 

Full story…

Related:

Series | Class War for Idiots, Part 1: The Roots of Stalin in the Koch Brothers and the Tea Party Movement, Yasha Levine, The eXiled Online

  • The Koch family, America's biggest financial backers of the Tea Party, would not be the billionaires they are today were it not for the godless empire of the USSR.
  • A People's History of Koch Industries 
  • The Great American Class War
  • We Are In a Class War

###

walmart-protest-356.gif.png?itok=0MWgjZ6I LA Progressive

The Great American Class War, Bill Moyers, Huffington Post 

  • The people are fighting back and the elites recognize it. There is fear in the investor class as they see people organizing and mobilizing. Corporations are now investing more time and money in preparation to protect themselves from investor actions and legal challenges. The actions of corporations and governments against the people are a sign of their fear, and a sign of our unrealized strength.
  • We Are In a Class War
  • Plutocracy Versus Democracy

###

We Are In a Class War, Margaret Flowers and Kevin Zeese, Popular Resistance

November 28, 2013 | The struggle of working Americans takes center stage as Black Friday protests cover the country. The struggle for wages that do not leave families impoverished is one that affects us all and highlights the unfair economy created by a class war waged by the wealthy for decades. The ‘Walmartization’ of the US economy has created a downward spiral in wages and destroyed small businesses and communities while heightening the wealth divide that is at the root of so many problems.

Why the Minimum Wage Should Really Be Raised to $15 an Hour

  • Here are seven reasons why we should be raising the federal minimum to $15 an hour.
  • Series | Minimum Wage: Part 1, How taxpayers subsidize low-wage workers

Robert Reich, TruthDig

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reichminmwage300.jpg Screenshot 

March 17, 2013 | “Raising the minimum wage from the current rate of $7.25 an hour to $9 should be a no-brainer,” Robert Reich says. The labor secretary during the Clinton administration argues, among other points, that putting more money in the pockets of the country’s lowest earners is not only fair, it would also help boost the economy.

“Fifteen million workers would get a pay raise, allowing them to buy more and thereby keeping others working,” he says.

Watch here as Reich explains, in 2 minutes and 35 seconds, why he believes it’s time to raise the minimum wage.

Robert Reich is an American political economist, professor, author, and political commentator. He's the Chancellor’s Professor of Public Policy at the University of California at Berkeley and Senior Fellow at the Blum Center for Developing Economies. He was Secretary of Labor in the Clinton administration. Time Magazine named him one of the ten most effective cabinet secretaries of the twentieth century.

Full story…

Related:

Money%20Pie.jpg Series | Minimum Wage: Part 1, How taxpayers subsidize low-wage workers, Steven Dornfeld, MinnPost

  • Nan Madden, director of the Minnesota Budget Project, a liberal-leaning research and advocacy group, says raising the hourly minimum to $9.50 would reduce reliance on public assistance and promote greater self-reliance.
  • Conservatives Oppose Minimum Wage Increase. Wow. Really?
  • Truth to Tell | Minimum Wage in Minnesota
  • Special Project | The Big Box/Fast Food Business Problem
Section(s): 

Series | Class War for Idiots, Part 1: The Roots of Stalin in the Koch Brothers and the Tea Party Movement

Politics%20Banner.jpg

  • The Koch family, America's biggest financial backers of the Tea Party, would not be the billionaires they are today were it not for the godless empire of the USSR. 
  • A People's History of Koch Industries
  • The Great American Class War
  • We Are In a Class War

Yasha Levine, The eXiled Online

Submitted by Evergreene Digest Contributing Editor Lydia Howell.

Stalin-Tea-Party-470x297.jpg April 16, 2010 | Everyone knows that Tea Party revolutionaries fear and hate socialism about as much as the Antichrist. Which is funny, because the Tea Party movement’s dirty little secret is that it owes its existence to the grandaddy of all Antichrists: the godless empire of the USSR.

What few realize is that the secretive oil billionaires of the Koch family, the main supporters of the right-wing groups that orchestrated the Tea Party movement, would not have the means to bankroll their favorite causes had it not been for the pile of money the family made working for the Bolsheviks in the late 1920s and early 1930s, building refineries, training Communist engineers and laying down the foundation of Soviet oil infrastructure.

Yasha Levine is an investigative journalist and a founding editor of The eXiled Online. She is currently a roving reporter at Glenn Greenwald's Pando Daily.

Full story…

Related:

LA Progressivewalmart-protest-356.gif.png?itok=0MWgjZ6I

The Great American Class War, Bill Moyers, Huffington Post

  • The people are fighting back and the elites recognize it. There is fear in the investor class as they see people organizing and mobilizing. Corporations are now investing more time and money in preparation to protect themselves from investor actions and legal challenges. The actions of corporations and governments against the people are a sign of their fear, and a sign of our unrealized strength.
  • We Are In a Class War
  • Plutocracy Versus Democracy

###

We Are In a Class War, Margaret Flowers and Kevin Zeese, Popular Resistance

November 28, 2013 | The struggle of working Americans takes center stage as Black Friday protests cover the country. The struggle for wages that do not leave families impoverished is one that affects us all and highlights the unfair economy created by a class war waged by the wealthy for decades. The ‘Walmartization’ of the US economy has created a downward spiral in wages and destroyed small businesses and communities while heightening the wealth divide that is at the root of so many problems.

 

 

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