economics

Minimum wage workers cannot afford rent in ANY state

Minimum wage workers cannot afford a two-bedroom apartment at "Fair Market Rent" by working a standard 40-hour work week in ANY state in the U.S. In California, a minimum wage worker would have to work 130 hours per week to afford the average apartment. Via Out of...

Bank of America is raging hurricane of theft and fraud

Matt Taibbi of Rolling Stone magazine wrote a scathing piece for the OWS movement about widespread illegal practices committed by Bank of America, and how all of us, particularly the U.S. government, have been facilitators in B 0f A's larceny. Taibbi is a very...

How to get fired from Fox News in 5 minutes ~ Judge Napolitano

Totally brilliant! Point after point after point, I was enthralled by Napolitano's rant. Thanks Judge! https://www.youtube.com/watch?v=_QT8Q-Hcll0 Fox Business Network Cancels Judge Andrew Napolitano's Freedom Watch - Hit & Run : Reason Magazine.

City of Berkeley to pull $300M out of Wells Fargo

City of Berkeley recently announced plans to remove all financial assets from the city's current banker, Wells Fargo--a withdrawal of approximately $300 million. Hoping to send a strong message to the Big Banks many feel are responsible for the housing crisis, one...

Minimum wage workers cannot afford rent in ANY state

Minimum wage workers cannot afford a two-bedroom apartment at "Fair Market Rent" by working a standard 40-hour work week in ANY state in the U.S. In California, a minimum wage worker would have to work 130 hours per week to afford the average apartment. Via Out of...