Google: The acclaimed Philadelphia Orchestra said Saturday it would file for bankruptcy. It is the first major US performance ensemble to do so during the nation’s current economic turmoil. It is believed they are filing for chapter 11 bankruptcy that would allow them to continue with certain [...]
Posts Tagged ‘Economy’
April 15th, 2011 - 6:34 am § in Uncategorized
Will the People of Color Alliance (aka BRICS) be the next world power?
BRICS is a grouping of the emerging economic powers. Most of the news has centered on their effort to create a new world currency, what I call the Omega! Perhaps more interesting, is the odd the mix of ethnic background and political leanings of the leaders of this new Rome: A Sikh Indian leader o[...]
April 14th, 2011 - 2:06 pm § in America
The Decline of the Dollar
from Simply Shrug Friday, 08 April 2011 17:42 The US Dollar. The Greeback. The buck. The once most-sought currency in the world. It’s on its deathbed, and the current President and Senate seem hell-bent on watching him die a slow, agonizing death. Rather than admit their actions on w[...]
April 10th, 2011 - 2:24 pm § in Politics
Sit-In Protesters Removed From State Capitol
When I asked Washington State Patrol officer Arras if we would be arrested he replied, "You will be leaving the building tonight." We all took this to mean that we would be physically forced from the Capitol and taken to jail. None of the demonstrators left ... In effect, there was a showdown betwee[...]
April 10th, 2011 - 1:50 pm § in Politics
Friday Labor Rally in Oly Tops 10,000
Kevin Hatch on the big labor rally: If last November’s election sent the message “Quit taxing workers”, this week's message was clearly “Don’t cut our services” and “tax the wealth already”. The response I heard from Democrats was weakly “but we can’t”. My reply would be “You[...]
April 6th, 2011 - 12:53 pm § in America
UPDATE: Wisconsin Voters Recall Republican Judge
UPDATE: — The Waukesha County clerk announced that the vote total announced for Tuesday’s Wisconsin Supreme Court race had been mistaken — The new total puts Prosser on a significant path to victory, about 7,500 votes ahead of Kloppenburg. Sad outcome. Will the energy that [...]
April 6th, 2011 - 8:25 am § in America
Jobs are back .. at Micky D’s
from Firedoglake By: dakine01 Monday April 4, 2011 10:21 am Tweet111 Have you seen the news? McDonald’s is set to hire 50,00 new workers in one day (April 19). From Reuters: (Reuters) – Fast-food chain McDonald’s Corp announced a one-day spring hiring spree aimed at fighting the use of the ter[...]
April 5th, 2011 - 8:11 pm § in America
MLK Park Labor Rally Celebrates King’s Legacy
Some 150 activists congregated Monday evening to hear speakers and music commemorating the legacy of civil rights leader Rev. Dr. Martin Luther King, Jr. RiseUp Productions' People's Sound System ensured that every word was heard, loud and proud, echoing from the walls of the amphitheatre-shaped par[...]
Paul Krugman: Washington has Written Off the Unemployed
More than three years after we entered the worst economic slump since the 1930s, Washington has lost interest in the unemployed. One-sixth of America’s workers — all those who can’t find any job or are stuck with part-time work when they want a full-time job — have, in effect, been abandoned[...]