Patrick may trim legislators’ salaries - The Boston Globe
An amendment to the state Constitution gives the governor the authority to set
legislators’ salaries every two years, based on what has happened to typical
household incomes in Massachusetts. And while Patrick will not say what he
plans to do, several signs, including official wage data from the state, point to
at least a slight cut in legislators’ base salary of $61,440.
Public Employee Unions Face Rising Public Anger - NYTimes.com
A new regime in state politics is venting frustration less at Goldman Sachs executives (Governor Christie
vetoed a proposed “millionaire’s tax” this year) than at unions. Newark recently laid off
police officers after they refused to accept cuts, and Camden has threatened to lay
off half of its officers in January.
Robert Reich: New Year's Prediction
What will happen to the US economy in 2011? If you're referring to profits of big corporations and Wall Street, next year is likely to be a good one. But if you're referring to average American workers, far from good.
That "Sanders for President" Talk is Real Enough,
But Bernie's Not Going There | CommonDreams.org
While Obama agreement to extend tax breaks for billionaires while establishing
a massive estate-tax exemption for millionaires steered his presidency further
and further from the moorings of the New Deal, Sanders – though he serves as
an Independent member of the Senate Democratic Caucus rather than an
actual member of the president’s party – maintained a fierce and unyielding
commitment to the values outlined by Franklin Roosevelt, Harry Truman
and the Democrats who once defined their party as the champion of working Americans.
World stocks eye two-year high | Reuters
(Reuters) - World stocks approached their highest level since September 2008
on Thursday on optimism about global growth next year, while the dollar fell on
expectations of further money printing in 2011 by the U.S. Federal Reserve.
Recession Creates Spike in Multifamily Households - NYTimes.com
FORT PIERCE, Fla. — For the three generations of the Maggi family crowded into
a recession-beaten three-bedroom ranch house here, the tension from living on
top of one another for the last 10 months sometimes erupts at unexpected moments.
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