The Cloward/Piven Strategy of Economic Recovery

Aug 13, 2009 - By Nancy Coppock February 07, 2009 Using borrowed money for a band-aid bailout of the economy should seem backwards to most people. However, it likely is a planned strategy to promote radical change. Those naively believing that President Obama is simply rewarding his far-left base, and will then move to the political center, must wise up. - 9 Comments

Author E. Lynn Harris dies at age 54

Jul 27, 2009 - Author E. Lynn Harris dies at age 54 By theGrio via AP JOSH L. DICKEY, AP Entertainment Writer (AP Photo/John Bazemore, file) LOS ANGELES (AP) -- E. - 6 Comments

Wall St slides to 12-year low as confidence sinks

Feb 23, 2009 - NEW YORK (Reuters) - Wall Street slumped to a 12-year low on Monday as investors lost faith that the U.S. government will be able to stabilize the financial system. The S&P 500 and the Dow both posted their lowest closes since the spring of 1997 as reports the government may convert its stake in Citigroup into a big common stock holding fell short of what many see as necessary to fix big banks. - 17 Comments

Why China Will Continue to Buy U.S. Treasuries

Mar 16, 2009 - Why China Will Continue to Buy U.S. Treasuries Rick Newman Think American workers have it bad? It's worse in China. - 0 Comments

As payments dry up, almost half of 11.6 million jobless don’t receive help

Feb 09, 2009 - The Associated Press updated 3:16 p.m. CT, Sun., Feb. 8, 2009 WASHINGTON - The government safety net designed to protect laid-off workers from financial catastrophe is falling short, leaving nearly half the 11.6 million jobless Americans without unemployment benefits. - 2 Comments

Almost 4.8 million Americans receiving gov't help as mass layoffs rise

Jan 29, 2009 - The Associated Press updated 8:53 a.m. CT, Thurs., Jan. 29, 2009 WASHINGTON - The number of people receiving unemployment benefits has reached an all-time record, the government said Thursday, and more layoffs are spreading throughout the economy. - 0 Comments

Who would ever want a computer?? Misguided predictions from great people!

May 09, 2007 - “Computers in the future may weigh no more than 1.5 tons.” Popular Mechanics, forecasting the relentless march of science, 1949 “I think there is a world market for maybe five computers.” Thomas Watson, chairman of IBM, 1943 “I have traveled the length and breadth of this country and talked with the best people, and I can assure you that data processing is a fad that won’t last out the year.” The editor in charge of business books for Prentice Hall, 1957 “But what … is it good for?” Engineer at the Advanced Computing Systems Division of IBM, 1968, commenting on the microchip. “There is no reason anyone would want a computer in their home.” Ken Olson, president, chairman and founder of Digital Equipment Corp., 1977 “This ‘telephone’ has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us.” Western Union internal memo, 1876. - 7 Comments