American manufacturers are screwed. House Democrats sent a letter to President Obama on Thursday asking him to reconsider a new free trade agreement in the works that would blow up “Buy America” provisions that give priority to American manufacturers. Since the 1930’s – a “Buy American” law has been on the books that gives preference to American manufacturers bidding for government contracts. But the new Trans-Pacific Partnership trade agreement would essentially end the preferential treatment – giving no edge to American manufacturers over foreign manufacturers.
Florida Governor Rick Scott thinks it’s a good idea to arm up the Republican National Convention in Tampa later this year. With an eye on safety, the city of Tampa has banned foreign objects like crowbars, water guns, and string.
A new poll by Marquette Law School shows Governor Scott Walker and likely Democratic opponent, Tom Barrett, in a dead heat among registered voters in the upcoming recall election. The poll shows Walker losing popularity among voters as his numbers have declined each month since January.
At the same time – Walker has dumped millions into TV advertising and announced that he raised a mind-boggling $13 million for his campaign
The European economy is tanking – and trickle-down austerity is to blame. New unemployment numbers show the 17-nation Eurozone now has its highest unemployment rate ever, at 10.9%. And, the two nations with the highest unemployment rates – Spain and Greece – just so happen to be the ones most hooked on austerity.
In Spain, budget cuts and massive government layoffs have driven up the unemployment rate to the Eurozone
Workers of the world are uniting in a global day of action to commemorate International Workers Day. In hundreds of cities across America and around the world in London, Barcelona, Toronto, Kuala Lampur, and Sydney – there are calls for a general strike with no working, no shopping and no banking. The Occupy Movement here in the United States is branding it as a day without the 99%.
In response – Wall Street banks are
Microsoft is now rethinking its support for the Cyber Intelligence Sharing and Protection Act – better known as CISPA – which passed out of the Republican-controlled House of Representatives last week. CISPA allows for the sharing of information between the government and private online companies to stop possible cyber security threats. But since the bill is overly-broad on what exactly is a “cyber security threat” – there’s real c
The oligarchs are making their voices heard this election. A new analysis of SuperPAC donations by the Center for Public Integrity finds that just ten donors are responsible for one-third of the $202 million of SuperPAC money so far this election. Of those ten donors – seven are individuals and four are billionaires. Leading the way is casino mogul Sheldon Adelson who’s dished out $26.5 million so far – mostly on Ne
A new report by the Royal Society, chaired by Nobel prize-winning biologist Sir John Sulston warns that world population must be stabilized and consumption in wealthy nations must be reduced or the entire planet is in big trouble. As the report reads: “The number of people living on the planet has never been higher, their levels of consumption are unprecedented and vast changes are taking place in the environment. We can choos
The U.K. is officially in a second recession as the British economy shrank for the second straight quarter. Conservative Prime Minister David Cameron whose government has been pushing trickle-down austerity for nearly the last two years called the new economic numbers, “very, very disappointing.” The U.K.
The continental rejection of austerity continues in Europe. In the Netherlands – the Dutch government coalition collapsed on Monday – after lawmakers failed to agree upon a series of austerity measures. And in Ireland – the nation’s largest trade unions are pressuring the government to vote against more austerity measures being pushed by Germany.
These latest protests – coupled with the early electoral defeat of French Presid