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New 2009 Census Data: Income Down for the Poor, Down for the Middle Class, Up for the Rich in the USA

(All dollar figures below in 2009 dollars, adjusted for inflation)

New figures on Americans’ household income in 2009 released by the U.S. Census Bureau today divide the U.S. population into quintiles, fifths of the population ordered by their income. Data show that the four lowest quintiles in the U.S. population — those earning $100,000 or […]

Costs of Climate Change To Rise Very Soon

Florida could have a 10 percent reduction in its GDP by that time, unless it takes steps to prepare now. That’s the equivalent of having the kind of economic disaster we saw in 2008 happen in six of the next eleven years. […]

Bad Economy Doesn't Slow Greenhouse Gases

It may be that an economic recession harms the ability of people to transition to environmentally sustainable activities, and encourages people to adopt pollution-heavy strategies for saving money, offsetting reductions in general economic activity. […]

Gillibrand Serves Herself in the Senate

It’s expected that Gillibrand will get a quarter of a million dollars – money that could support five families easily, but will instead go to help Senator Gillibrand promote her own political career. […]

Genuine Biblical View Of The Recession

The Bible does have a few things to say about money in general: Pay your taxes (rendering unto Caesar) and you can’t trust rich people (the eye of the needle, a camel, and heaven). […]

Which Print On Demand Service Will Close First — CafePress, Zazzle or Skreened?

As the economy implodes, I’ve been watching my mailbox fill with more, and more, and more offers from the services that print bumper stickers, buttons and t-shirts with various designs on demand. These offers promise me $5 off a purchase of $20, free shipping, extra business cards included, even a chance to win a prize… […]

What's Good for GM is Bad for the USA

Just about the time that I started writing this article, the House of Representatives passed the big car bailout, 225 to 179. Only 9 Democrats voted no. […]

$700 Billion Bailout: Monumental Failure in Record Time

Have we ever had so much money shoveled around so widely in a plan that is so quickly called such a failure?

We've Been Drilled, Baby. Drilled.

What might have been different if Americans had been organized to reduce energy consumption at the beginning of this year, to get the price of oil back down to 80 dollars? How many people who have had to go into foreclosure would have been able to keep their homes? […]

Hey, Wall Street, Main Street Gets It. Do You?

You know, the more I read the New York Times the more I realize those Manhattan financial district reporters may be awfully smart but still don’t have a clue what they’re talking about. They keep telling the rest of us what we “need to understand.” Apparently we “need to understand” that if taxpayers don’t hand […]