A Thousand Words, Vol.1, Issue 20.

The enclosed explanation of the labor report by Gary Burtless, a Senior Fellow at The Brookings Institution, is an opportunity to understand the horrible effects of the Congressional Republicans depraved actions that obstructed President Obama's efforts to help the U.S. economy recover and to create jobs for America's unemployed. 


The labor report is published monthly by the United States Department of Labor, and Gary Burtless' explanation of it can be seen across the jump. Please note  Mr. Burtless' key points made at the end of the presentation.

Quotation for Today: Courts Used to Redistribute Income and Wealth to the One Percent

The quotation for today highlights another tool -- bankruptcy procedures -- that is being used to redistribute wealth to the One Percent.

Quotation for Today: 'Permanent Insecurity'

The quotation for today captures well the contemporary America built on 30 years of Republicans and Alan Greenspan's economic and monetary policies.  

A Thousand Words, Vol.1, Issue 9.

Nowadays, Americans are working longer hours to offset stagnant/lower hourly wage rates and the graph depicting the current hourly/weekly wage phenomenon can be seen here.


Jared Bernstein's companion story on the Fed's job report and the aforesaid graph can found here.


The graph in this post complements well the information presented here.

A Thousand Words, Vol. 1, Issue 8.

The general, inequitable character of the contemporary American economy -- punishing labor while rewarding the rentier class -- is portrayed vividly here.  


To read the companion story by Mike Konczal go here.  Paul Krugman's op-ed, "Rule by Rentiers," provides a sketch of the power of the American rentier class.


Related information:


"Rescuing America." Exempli Gratia 8 March, 2012.

Quotation for Today: GOP Stigmatize Hard-Working Americans

Inveterately and instinctually, the Republican Party presidential wannabes and powerbrokers speak their true feelings when they talk of American workers as special interests. The GOP elites view the one percent as their true constituency, not the hard-working Americans  --  the middle- and working-class Americans  --  who are the heart and soul of the 99 percent and America. The quotation for today condemns the Republican Party's presidential wannabes for stigmatizing industrious American workers as special interests.

A Thousand Words, Vol. 1, Issue 5.

The picture, referenced via a hyperlink, highlighted in this post speaks volumes about the appreciation of labor in contemporary America.  You can view the picture here. 


Yes, I read the company's rebuttal to the picture here, and for two reasons I didn't find the response to be a credulous one.  The first and most important reason is the customer didn't publicly rebut the picture, and the second reason was the company's rebuttal was not clear as to the incorrectness of the credit card receipt.

Quotation for Today: Who Are You For?

Today's quotation shines a bright light on what could be the defining issue of the 2012 elections.

Quotation for Today

The enclosed quotation is part of an article that gives us a clear look at free-market economics and its accompanying ideology, and who benefits from free-market ideology and not truly free markets.