The politics of the underwater homeowner. zero hedge ...A recent report shows that 1 out of 3 Americans with a mortgage is still underwater owing $1.2 trillion more on their home than it is currently worth...
Center for Public Integrity makes a strong case for more regulation and better enforcement Economic Policy Institute ...the federal government regulates too little, not too much. Most of the 4,500 workplace fatalities and 50,000 occupational disease deaths each year could be prevented with better rules, more diligent employers, and better enforcement by the Occupational Safety and Health Administration...
CAFTA Ruling Continues Corporate Attack on Environmental Protection Public Citizen ...The Pacific Rim CAFTA case also spotlights how a U.S. “trade” agreement can be exploited by a multinational mining firm to attack El Salvador’s fragile democracy, which emerged from 12 years of civil war, and to undermine the laws enacted by its elected leaders to regulate mining and safeguard the environment...
Germany's Neighbors Were Not More Profligate Beat the Press ...Italy's debt to GDP ratio had been falling before the crisis. Ireland and Spain had large budget surpluses. So the issue is not these countries were profligate, the issue is that these countries got hit badly by the collapse of housing bubbles across Europe...
Wisconsin recall election is an epic battle Chicago Tribune ...Wisconsin's erstwhile bland politics have been transformed into such a hotbed of nastiness and hyperbole that Tuesday's recall election against Gov. Scott Walker has all but framed itself as a battle of superhero vs. super-villain...
Trucking Adds 7,300 Jobs in May, National Job Growth Stalls Truckinginfo ...an increase from 1.3 million jobs in April and a 3.4% increase from a year ago...
