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While Corporate Wealth Soars, Food Insecurity for the American Poor Gets No Better

The Dow Jones Industrial Average, a measure of the value of U.S. corporate wealth, has been hitting record highs lately:

But in a news release this month, the U.S. Department of Agriculture reports that the percentage of households with food insecurity remains historically high:

That food insecurity index is made up of a [...]

You Don’t Create A Raging Business Flop Without Making A Few Enemies

This afternoon, Facebook showed me an advertisement from a company bragging that it has the best frozen hog semen in all of America and Asia. That might interest me, if I was a pig farmer. I’m not. [...]

Hitting the Bottom Line: Where Activism has an Impact

Corporations are artificial entities that are constrained under law to prioritize the maximization of their stock value above all other values. This means that if people want to alter the behavior of corporations, they have to either force corporations’ behavior by changing law or by changing what corporations have to do to keep their stock [...]

The Irregular Index

The Irregular Index made impressive gains today, ending at 97.11, slightly off its high above 98. What does this teach you about the American economy? Well, at least as much as watching the Dow Jones fluctuate throughout the day would teach you. [...]

Homelessness A Real Economic Indicator

If our government has the resources to listen in on our private conversations, surely it has the resources to track how many of us are living without any place to call home. Let’s track that real economic indicator, and use that as a measurement of the health of the economy, and not just worry about the way that the Dow bounces around from day to day. [...]

House Passes Bailout Bill and Stocks Drop

The difference that’s been made now is that, along with the stock fluctuations, Wall Street firms are going to have 700 billion dollars more to play around with, and our nation itself is going to be 700 billion dollars further in debt. [...]

Bipartisan Opponents of Wall Street Welfare in the Senate

In this rather mild market environment, we’re supposed to believe that Wall Street is in crisis, and needs hundreds of billions of dollars that we may never get back. It doesn’t take a genius to see the flaws in this assertion. [...]

Crisis! Stocks Up 200 Points! Run for the Hills! Augh!

This morning, the crisis rages on! Stocks are up 200 points! It looks like there’s a crisis for the crisis. [...]