Feb
05
2009
|
the entire program
As debate over President Obama’s economic stimulus package turns to the Senate, more than two hundred groups are calling for at least one provision in the bill to be removed. Last week, the Senate Appropriations Committee approved an amendment proposed by Republican Senator Robert F. Bennett calling for the allocation of fifty billion dollars in federal loan …
Read more
Feb
05
2009
|
the entire program
The Labor Department announced an unexpected jump in first-time claims for jobless benefits at the end of January. Initial unemployment claims increased by 35,000, the highest level in 26 years. The total number of people collecting jobless benefits has climbed to a record 4.79 million. According to veteran journalist and frequent Uprising guest, Chris Hedges, …
Read more
Feb
05
2009
|
the entire program
In a new report, the Los Angeles Alliance for a New Economy or LAANE, found that taxpayer subsidies to the tourism industry in Long Beach have not yielded a fair return on the public’s investment. The city has for nearly 30 years invested over $750 million in taxpayer subsidies in hopes of creating revenue and …
Read more
Feb
05
2009
“The whole of the global economy is based on supplying the cravings of two per cent of the world’s population.”– Bill Bryson …