U.S. economy losses 63,000 jobs in February

"NEW YORK: The U.S. economy shed 63,000 jobs in February, the government said Friday, the fastest falloff in five years and the strongest evidence yet that the country is headed toward - or may already be in - a recession. The unexpected decline raised expectations that the...

China Sovereign Wealth Fund Could Buy Every US Company

"Lenin said that capitalists would sell the ropes that he'd use to hang them. Well, the communist Chinese are ready for a buying spree. Currently, those funds have about US $2 trillion in them. They're expected to have about US $17 trillion by 2010 - enough to buy every...

Why Immigrant Workers Are Better

"The fact is that among poor people manual labor does not have the same stigma that it has for wealthier people. Americans, in particular seem to have an aversion to manual labor. There are many people elsewhere who not only have never done anything but manual labor, their...

Why Immigrant Workers Are Better

"The fact is that among poor people manual labor does not have the same stigma that it has for wealthier people. Americans, in particular seem to have an aversion to manual labor. There are many people elsewhere who not only have never done anything but manual labor, their...

Premiership wages 'to top £1bn'

"Premier League wages are set to break the £1bn barrier for the first time in the competition's history, a report from Deloitte has said. Salaries and bonuses will increase next season as a £1.7bn television deal for top-flight games comes into effect, the report...

Tech Support Opens a Ticket on AT&T and Yellow Pages

It's bad enough when major companies outsource jobs overseas, but then taking advantage of the employees they keep? Yikes."Two California computer support technicians have launched a class action suit against their employers, AT&T and Yellowpages.com, for classifying them...

Germany: The News is so Good That One Wonders Who Controls it

For months now, Germany and Germans have been the target of press reports that say that - finally - growth is at hand. Actually, the news is so good that those Germans with an active memory of the communist East Germany have uneasy feelings about the "Jubelpropaganda"...

No Brainer

"Minimum Wage Increase Is Good for Business"

Unabomber Wages Legal Battle to Halt the Sale of Papers

"Mr. Kaczynski, 64, is in a legal battle with the federal government and a group of his victims over the future of the handwritten papers, which include journals, diaries and drafts of his anti-technology manifesto. The journals contain blunt assessments of 16 mail bombings...

Downside of the Boom

"Various folks continue to raise the red herring that raising minimum wages will hurt low paid workers. Somehow they will be worse off with higher wages, go figure, because small businesses will lay off workers supposedly ( despite studies showing that there is not a...

Putting the squeeze on Iran

A campaign to dry up financing for projects poses a threat to Tehran's ability to maintain exports.  NCRI has the analysis in a piece from the LA Times."Los Angeles Times, LONDON - As Washington wages a very public battle against Iran's quest for nuclear power, it is...

Partisanship

"When a defense of a socialist perspective is mounted against the Liberalblogosphere suddenly we are partisan. Such is the accusation going around about the current Minimum Wage debate. I have been accused of being an NDP partisan, as have others. Not once but on many...