Americans are drowning in debt. A new study from the Urban Institute shows that more than 35 percent of us have debt and unpaid bills that have been reported to collection agencies. These debts include auto loans, credit card bills, hospital bills, mortgages, and even gym memberships and cellphone contracts, and they average over $5,000 dollars a person.
One of the worst North American droughts in history could be getting a whole lot worse. According to the latest U.S. Drought Monitor Map released on Tuesday, more than 58% of California is in an “exceptional drought” stage.
Let’s talk about the real obstacle to fighting climate change in America: ALEC. Tomorrow, ALEC – the American Legislative Exchange Council – kicks off its annual meeting in Dallas, Texas. The group, which has already brought America such favorites as stand-your-
It’s hard to fight poverty when you can’t feel empathy. According to a report released earlier this year by the Center for Responsive Politics, for the first time in history, more than half the members of Congress are millionaires. Of the 534 members of the H
The stock market keeps hitting record highs, but big businesses aren't putting those profits back into our economy. A recent article in the New York Times said that corporate investment still hasn't bounced back to precrisis levels, let along made up for the lost ground from the record lows of 2009.
Religious extremism is rearing its ugly ahead once again. On Tuesday, the Associated Press reported that ISIS, the Sunni extremist group that recently declared an Islamic state in parts of Syria and Iraq, has ordered shop owners in Mosul to cover the faces of ma
It’s time to put an end to the financialization insanity that’s hurting average people, destroying the American dream, and turning our economy into one big giant casino. One of the most startling trends to come out of the wreckage of the 2007-2008 financial cris
A little more than fifty years ago, over a quarter of workers belonged to some type of union. Today, fewer than 12 percent of all workers belong to a labor group, and they're under attack by corporations and their lackeys in state and federal government. A half century ago, union membership put power in the hands of employees, and led to some of the highest wages and employee protections in our history.