Archive for category American People
Republicans in Congress want to work with the Obama administration to fast-track the passage of the Trans-Pacific Partnership (TPP).
The TPP is the largest—and worst—trade deal you’ve never heard of, having been devised in secret by representatives of some of the world’s largest corporations.
It’s so big and has the potential to do so much damage, it’s been likened to “NAFTA on steroids.”
Once you’ve watched the video, please join the growing chorus of Americans who are saying no to fast track and the TPP by adding your name to this petition from Larry Cohen, president of the Communication Workers of America.
Media Matters: Trans-Pacific Partnership Barely Noticed By Weeknight News Over The Past 18 Months
FCC Chairman Tom Wheeler
Internet users haven’t won yet. FCC Chairman Tom Wheeler has indicated that he plans to reclassify consumer broadband Internet as a utility under Title II of the Telecommunications Act. However, this by itself does not guarantee the preservation of net neutrality.
[A]dvocates say that Title II authority won’t mean much unless the FCC creates enforceable rules and doesn’t allow loopholes.
“Right now, the big carriers are simply looking for a loophole,” said Marvin Ammori, a lawyer who advises major tech companies and supports net neutrality. He noted that there are multiple loopholes — like writing exceptions for mobile or specialized services — that could undermine the whole FCC rule. “They only need one,” he said.
…”Title II is necessary but not sufficient,” said Evan Engstrom, policy director at Engine, which advocates for startups. “We hope the FCC gets it right right away and comes out with a proposal that includes bright-line rules.”
Meanwhile, Tea-GOP members of Congress have introduced legislation to take away the FCC’s authority to save net neutrality.
In a Wired op-ed, Wheeler said he is proposing the FCC use its authority under Title II of the Communications Act to protect consumer broadband Internet. This move will allow the FCC to stop Internet service providers from charging content providers like Netflix more money for reliable Internet access.
“Using this authority, I am submitting to my colleagues the strongest open Internet protections ever proposed by the FCC,” he wrote.
Think Progress: Conservatives Do Their Best To Bash Net Neutrality
Source: Credit Suisse Global Wealth Databook 2014
Financialization of the economy is both a symptom and a major cause of inequality. Financialization is when making money from money becomes more important than providing real goods and services. It’s characterized by risky asset bubbles and periodic crashes that affect everyone in the 99 Percent because we’re not “too big to fail.” Les Leopold: “Wall Street is out of control. Once deregulation started 30 years ago, money has gushed to the top as Wall Street was free to find more and more unethical ways to fleece us.”
The result: Despite the fact we’re the richest country in the world, U.S. median wealth is just $53,352 according to the Credit Suisse Global Wealth Databook (PDF).
The U.S. continues to lead the world in billionaires (571 in 2014, with China a distant second at 190). But after decades of financial deregulation and attacks on employee rights, Americans rank 26th in median wealth (defined as assets owned, minus debts owed for the person on the middle rung of the wealth ladder).
The Gini index for the USA has risen to 84.6 (with 0 representing perfect equality and 100 representing perfect inequality). Very few countries can top that, and not by much.
h/t Think Progress.
From the travel website Skift:
We asked Americans, using Google Consumer Surveys, “Heading into Fall, how many vacation days have you taken so far this year?” The majority, almost 51 percent, say they haven’t taken a single vacation day in 2014 so far.
About 15 percent of Americans say they have taken more than 10 vacation days this year, while the rest is split between those who took fewer than 5, and those who took between 5-10 vacation days this year.
The other topline result from the breakdown, as you will see in the charts below: Women, young, old,and the lower-income Americans are the ones taking the least amount of vacations.
Of course, nearly 1 in 4 US workers don’t get any paid vacation days.
Nearly a quarter of the American private-sector workforce, some 26 million workers, doesn’t get paid time off, according to the Bureau of Labor Statistics — compared with less than one-fifth in the 1990s.The United States is the only advanced economy that doesn’t guarantee paid vacation and one of only 13 countries in the world not to do so, according to the World Policy Analysis Center at the University of California Los Angeles.
The American middle class was great, while it lasted.
Posted sans comment: the never ending series. This time, since I don’t comment, the quoted commentary is provided by some of the rightwing blogs that I read each week. Enjoy….