Dec 04 2008
Wage Theft in America: Why Millions of Americans Are Not Getting Paid
| the entire program
As the US is officially considered to be in a recession, American households are feeling the financial squeeze more than ever, heading into the holiday season. Wages are stagnating, jobs are being cut, homes are being foreclosed, and prices are rising. But a barely covered aspect of the US economy that affects …
As the US is officially considered to be in a recession, American households are feeling the financial squeeze more than ever, heading into the holiday season. Wages are stagnating, jobs are being cut, homes are being foreclosed, and prices are rising. But a barely covered aspect of the US economy that affects …
A week-long occupation of Thailand’s international airport has culminated in the dissolving of the governing party and banning of Prime Minister Somchai Wongsawat. Thailand’s constitutional court declared the government guilty of election fraud in last December’s elections. Thailand has been in a state of political siege for months, with thousands of anti-government protesters with PAD, …
With Treasury Secretary Henry Paulson still refusing to bailout homeowners directly, FDIC Chair Sheila Bair has offered details of her new proposal for saving homes. She recommends payments for delinquent borrowers be reduced to fit their income, and that the government reimburse up to 50% of the bank’s losses if those borrowers ended up defaulting …
The US is not the only country whose financial recession has caused a political shift to the left. In Canada, political parties opposed to Conservative Prime Minister Stephen Harper have formed a coalition to oust him as the country’s economic situation worsens. On Monday, the Liberal Party led by Stephane Dion joined with the …
President-elect Barack Obama officially named half of his major cabinet appointments yesterday at a news conference. As expected, Senator Hillary Clinton was introduced as Secretary of State of his incoming administration, and Bush appointee Robert Gates was offered to keep his position as Defense Secretary. Rounding out Obama’s national security team are Marine General …
Even though Election Day is over for most Americans, the outcomes of two Senate races hang in the balance and could finally be resolved this week. Democrats Al Franken in Minnesota and Jim Martin in Georgia are fighting uphill battles against their Republican counterparts to deliver a Senate “supermajority” for their party. Currently the Democratic …
