by Dave McGill
July data, released by the Labor Department today, showed the unemployment rate holding at 9.5 %, but only because fewer people were looking for work. Also, the total, non-farm workforce fell by 131,000 jobs, more than double what had been expected.

//

• 0 Comments

by Dave McGill
The Washington Post reported on Thursday that, according to NATO officials, corruption in Afghanistan, including black market activity, amounts to $12.3 billion per year, slightly less than the nation’s GDP. The take includes $2.5 billion in bribes and $1 billion stolen from the Afghan government.

//

• 0 Comments

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 [...]

• 1 Comment

by Dave McGill
Rove is back and it’s not good news for the Democrats as they look forward to the mid-term elections.

//

• 0 Comments

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 [...]

• 1 Comment