- May. 2, 2012 8:46 amBy louisehartmann
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
- May. 1, 2012 8:35 amBy louisehartmann
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