Become a Fan. You'll get emails whenever I post articles on OpEdNews
Holly Sklar is a widely published op-ed columnist whose books include "Raise the Floor: Wages and Policies That Work for All of Us" and "Streets of Hope: The Fall and Rise of an Urban Neighborhood," the widely taught story of how the Dudley Street Neighborhood Initiative is rebuilding a long impoverished Boston community.
Scroogism wrecking America
The Scrooges of Wall Street were surprised a year ago by the Ghosts of Christmas Past, Present and Future. The Scrooges saw their banks and investment firms would be even bigger than before. And they did not change. They said, "Bah Humbug!" to Main Street and used taxpayer money for record profits, bonuses and refinancing their global casino. So Roosevelt's spirit has come to inspire us to reverse Scroogism with strong action.
Monday, November 9, 2009
Change Wall Street Can Believe In
Wall Street is doing to America what private equity firms did to Simmons Bedding and many other productive companies. Taking control with borrowed money, stripping assets, slashing jobs and cashing out. The Great Recession has become the Great Ripoff. Saved by taxpayer bailouts, the megabanks are paying megabonuses, lending less and gambling more. We need to bust the banks who busted our economy - before they do it again.
Wednesday, September 30, 2009
Medicare for All: Yes We Can (3 comments)
More Americans die of lack of health insurance than terrorism, homicide, drunk driving and HIV combined. We are the only nation that rations the right to healthcare to those 65 and older. Rep. Anthony Weiner's amendment would substitute the Expanded and Improved Medicare for All Act (HR 676) for House legislation HR 3200, which doesn't provide affordable universal healthcare. It's time to stop peddling health reform snake oil.
Wednesday, March 18, 2009
Corporate execs overpaid, undertaxed (1 comments)
In today's mad world, underpaid workers are bailing out banks and corporations run by overpaid, undertaxed bosses who milked their companies and our country like cash cows, and trashed the global economy. If we don't start taxing the wealthy more now, the mountain of debt created by tax cuts and bailouts will be used to drive "entitlement reform," putting Social Security and Medicare on the chopping block.
Thursday, July 24, 2008
Minimum wage raise too little, too late (10 comments)
The minimum wage raise is so little, so late that workers will still make less than they did in 1997, adjusting for the increased cost of living, and way less than the nearly $10 value of the 1968 minimum wage. Minimum wage raises are stimulus for an economy tanking from a housing bubble gone bust, sharply higher oil prices, extreme inequality, unsustainable debt, and fraud and speculation crowding out productive investment.
Tuesday, April 15, 2008
Tax Day Gifts for the Rich (7 comments)
When it comes to cutting taxes for the wealthy, President Bush can truly say, "Mission accomplished." The richest 1 percent of Americans received about $491 billion in tax breaks between 2001 and 2008. That's nearly the same amount as U.S. debt held by China -- $493 billion -- in the form of Treasury securities. Do you want our government to mortgage more of our nation's future to finance tax breaks for the rich?
Monday, October 22, 2007
Billionaires Up, America Down (1 comments)
When it comes to producing billionaires, America is doing great. But the 25th anniversary of the Forbes 400 megarich isn't party time for America. We have a record 482 billionaires -- and record foreclosures. Inequality has roared back to 1920s levels. It was bad for our nation then. It's bad for our nation now.