MainLine Peace Action/DelMont PDA

April 2, 2011

Where Does The Money Come From?

Filed under: economics, Medicare, Social Security — Tags: , , , , — Walter Ebmeyer @ 5:53 am

This page from the National Priorities Project stresses some important facts.  There is a clear distinction between FICA (Social Security and Medicare) and income tax [though both show up on your pay stub].  Enemies of Social Security like to cloud this difference.   And there’s a difference between debt and deficit.  A quick and valuable read.

http://nationalpriorities.org/publications/2011/taxday-2011/revenues/faq/

April 1, 2011

Six Signs The Revolution May Be Near

Filed under: economics — Tags: , , — Walter Ebmeyer @ 6:00 am

We don’t often quote the Wall Street Journal, but here’s Market Watch’s Paul B. Farrell spelling out what we can expect if we don’t start properly taxing the rich.  The situation now promotes widespread economic misery and wealth inequality.  We’re told that the one hundred richest families in America have more money than the bottom 40% combined.  Something’s got to give.

http://www.marketwatch.com/story/tax-the-super-rich-now-or-face-a-revolution-2011-03-29?pagenumber=1

March 31, 2011

What Will A Government Shutdown Mean

Filed under: economics — Tags: , — Walter Ebmeyer @ 1:29 pm

Danny Schechter, who wrote “Plunder,” tells us what to expect if the projected trainwreck comes to pass.

http://www.opednews.com/articles/Showdown-On-A-Shutdown-Go-by-Danny-Schechter-110331-46.html

March 30, 2011

It’s Good To Be Rich

Filed under: economics — Tags: , — Walter Ebmeyer @ 5:14 am

http://www.truth-out.org/the-new-american-dream68847

March 21, 2011

Krugman On Warren

Filed under: economics — Tags: , , — Walter Ebmeyer @ 8:06 am

Today our favorite economist, Paul Krugman, writes about our favorite bureaucrat, Elizabeth Warren.  His subject is the Republicans’ desperate attempt to blame her for our financial problems and erase memories of what really caused the Crash of 2008.  Last week House Republicans tried the same thing: how dare she talk with state attorneys general about moving against guilty banksters.  How dare she set up a consumer protection agency that could obviate the sort of crimes their bankster friends perpetrated?   Krugman is good today.  Elizabeth Warren is always good.

http://www.nytimes.com/2011/03/21/opinion/21krugman.html?_r=1&ref=opinion

March 18, 2011

Sign On To Stop The Chamber

Filed under: economics — Tags: — Walter Ebmeyer @ 3:19 pm

The United States Chamber of Commerce used to be a reasonable pro-small business organization that made sense from time to time.  It has now been transformed into a fabulously rich monster that threatens democracy.  Paste the link to your browser and read all about it (and watch the video).  Our thanks to our friend Jack Hendricks, leader of PDA’s McConnellsburg chapter for sending this along.

http://www.velvetrevolution.us/stop_chamber2/

Send Obama Some Shoes

Filed under: economics, elections — Tags: , , , , — Walter Ebmeyer @ 7:37 am

Back in the good old days, when Obama was running for President, he said that if anyone tried to infringe workers’ rights when he was in office, he’d put on his comfortable shoes and join the picket line.  Right.  Our friend, Walter Brasch, asks why the President isn’t in Madison.  And where’s Reid, Pelosi, and Biden?  Read Dr. Brasch here.

http://www.mailermailer.com/x?function=view&c=132128939w-d6f473de%2a808008w-77aebb23

March 17, 2011

Military Math Explained For All

Filed under: economics, New Priorities — Tags: , — Walter Ebmeyer @ 2:32 pm

March 14, 2011

What Does Libya Give Us?

Filed under: economics — Tags: , — Walter Ebmeyer @ 3:57 pm

March 12, 2011

Rep. Tim Briggs Tells It Like It Is

Filed under: economics — Tags: , , — Walter Ebmeyer @ 5:34 pm

Upper Merion state representative Tim Briggs wrote this opinion piece.  There’s a lot of truth in it.

http://www.philly.com/philly/opinion/20110308_Pa__budget_showdown__Waging_middle-class_warfare.html

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