It seems like every day we are told how great the Biden administration has been for the economy. But it is only the super rich and the corporations that are doing great. Many corporations made record profits in the last two years, especially when inflation was at its...
Bernie Sanders wants the rich to pay more taxes, aiming to support the working class and diminish the influence of billionaires. His proposal is to introduce an annual tax only for those with a net worth of more than $32 million. Sanders is definitely on to something....
September 4, 2023 editorial of the Workplace Newsletters of the Etincelle fraction of the New Anticapitalist Party (NPA). Translated from French. Profits are at record levels, the crisis is worsening, inflation is squeezing our budgets and wages are falling. The...
The budget bill just passed by Congress has a sickening shock for student loan borrowers: federal loan payments are due again. Since March 2020, when the Covid-19 pandemic began, student loan payments to the federal government had been frozen. This freeze was extended...
Following “momentum driven” algorithms that automatically determine when to buy or sell commodities at the most profitable moments as their prices rise and fall, a group of 10 major hedge funds bought up huge amounts of wheat, corn and soybeans in the months leading...
