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Interest rates nosed higher today as the Federal Reserve Board
sought to control inflation. But the impact of runaway inflation is
already being felt by workers whose wages will stagnate and whose
earning power is on a steep decline.

Marc Cooper interviews Gore Vidal about an America that is increasingly
controlled by corporations and suggests that the Gulf Coast hurricanes
and the Iraq debacle signal the breakdown of an empire.

As House Republicans use the cost of recovery from Gulf Coast storms as
an excuse to rip last-minute holes in the social safety net, it's not
too late to change priorities.

Delphi's bankruptcy is a marker of a new America in which there is no
collective security, no union to make you strong, no government to give
you shelter, in which workers stand alone.

It's easy to scoff at a rock star like Bono pairing up with
economist Jeffrey Sachs. But their tireless lobbying for debt relief
for the poorest nations could make a real difference for the 1 billion
people who live on less than a dollar a day.

Fitful efforts to rebuild the Gulf Coast unfold against a backdrop
of looming economic disaster: rising unemployment and interest rates,
misplaced priorities and a recession that will hurt the weakest most.

As Asian countries grow in economic power, Africa lags behind the developed world. Can it ever catch up? Will corruption, geography and disease continue to hold it back?

Unless the federal government does something now,
rising gas prices have the potential to break the blue-collar backbone
of many American towns.

It takes a hurricane to raise awareness that the
numbers of poor people are growing on George Bush's watch. Will that be
enough for the President to begin to level the playing field?

The affluent mask of the United States has been torn away by the storm, exposing a nation that has become progressively poorer under the leadership of the party of Big Business.

Blogs

Oregon activisits are building a better place to move their money.

November 28, 2011

The pepper-spraying of UC Davis students reminds us all over again why Occupy is so urgent.

November 22, 2011

A new report exposes how the big bank backing helps payday loan companies prey on the poor and veterans.

November 7, 2011

By arguing that public sector jobs aren't “real,” Republicans are making the bleak economic situation worse.

November 4, 2011

National Nurses United and the AFL-CIO have been urging the White House to stop opposing a global financial transactions tax. It’s working.

November 3, 2011

Boulder votes against corporate personhood, and then they vote to replace their private power supplier with a municipal utility.

 

November 2, 2011

Katrina's first book, The Change I Believe In: Fighting for Progress in the Age of Obama, examines the systemic dysfunction that plagues American politics.

October 31, 2011

We should be a country that does big things—like cut poverty in half in the next decade.

October 31, 2011

The church has proposed a financial transaction tax in order to steer the economy “towards achieving the common good.” Is that class warfare?

October 29, 2011

Katrina vanden Heuvel accuses Paul Ryan of pandering to Washington's "austerity class"—and argues that the President needs to stand with the majority of Americans who want to see the country's chronic inequities addressed.

October 28, 2011