by Robert Reich
Second-quarter earnings reports are coming in, and they’re making Wall Street smile. Corporate profits are up. And big American companies are sitting on a gigantic pile of money. The 500 largest non-financial firms held almost a trillion dollars in the second quarter, and that money pile is growing larger this quarter. Profits that plummeted in the recession have bounced back. Big businesses have recovered almost 90 percent of what they lost.
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Jul 28 2010
Posted by dajorie in Congress, Elections 2010 |
by Dave McGill
Rove is back and it’s not good news for the Democrats as they look forward to the mid-term elections.
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by Stephen Lendman
The combination of millions of gallons of oil and dispersants has made large areas of the Gulf toxic and dangerous, marine toxicologist Ricki Ott saying if she lived there with children she’d leave – based on her firsthand experience after the 1989 Prince William Sound, Alaska Exxon Valdez disaster and subsequent research, documented in her books titled, “Sound Truth and Corporate Myth$: The Legacy of the Exxon Valdez Oil Spill” and “Not One Drop – Betrayal and Courage in the Wake of the Exxon Valdez Oil Spill.”
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Jul 26 2010
Posted by dajorie in Afghanistan, middle east |
by Dave McGill
Two American sailors have turned up missing after leaving their post near Kabul yesterday. There is speculation that their departure was unauthorized and the Washington Post has just reported that one was killed and one was captured.
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Jul 24 2010
Posted by dajorie in Global Climate Change |
by Dave McGill
Take the first 23 days of July, 2010, for example.
Only 52 people needed medical treatment in Germany when a grueling heat wave shut down the air conditioning equipment in three high-tech trains leaving dozens of cry-baby passengers near collapse in temperatures of up to 122 degrees.