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By Rachel Goldfarb, originally posted on Next New Deal

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Bank vs. America (U.S. News & World Report)

Pat Garofalo pulls from Roosevelt Institute Fellow Mike Konczal's work to explain why the failure of the Home Affordable Modification Program matters. Areas with more mortgage debt have higher unemployment and weaker recoveries, making mortgage modifications essential.

This Week in Poverty: Confronting Congressional Hunger Games (The Nation)

Greg Kaufmann discusses the coming cuts to food stamps, which are currently up in the air thanks to the SNAP-less farm bill the House passed on Thursday. He looks at other coalitions to work on hunger and food insecurity, but they can't fill the gap.

Prepare for the New Permanent Temp (Harvard Business Review)

Michael Schrage looks at the jump in part-time and temporary employment in recent years. He suggests that while many are grateful for any employment, since employers don't invest in the people in these categories, the trend is bad for workers.

In Labor Board Filibuster Fight, Republicans Kindly Offer To Take Over Agency (HuffPo)

Dave Jamieson examines at the Senate's fight over filling the National Labor Relations Board, and the GOPs recently proposed deal. That deal would shortly give Republicans control of the board, which would not be good for workers and organized labor.

McDonalds Tells Workers To Budget By Getting A Second Job And Turning Off Their Heat (ThinkProgress)

Annie-Rose Strasser reports on McDonalds' new budgeting website for its employees. Apparently employees should have no trouble paying all of their expenses - if they have a second job, and a heating bill of $0.

How to Fearmonger About the Fed (In 2 Easy Steps) (The Atlantic)

Matthew O'Brien is frustrated by inflation hawks' continued insistence that the Fed's bond-buying policies are destroying our economy. The data shows that the Fed's policies are working, but by just mentioning the 1970s the fearmongers get attention.

Originally posted to Daily Kos Economics on Tue Jul 16, 2013 at 06:47 AM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •  Let them take over everything (0+ / 0-)

    We are already in a pre-French Revolution meme in our politics. I say, let them have what they want. I will laugh gleefully when the 1% are having their heads chopped off and their houses burned.

    History does repeat itself. I just hope Cheney, Gonzalez, Haynes, Rove, the Koch Brothers and others live long enough to reap the horror they have sown personally.

    •  Americans are a generous people. (0+ / 0-)

      Perhaps it is a function of the mountains running north and south, making migration to suitable climes easier.
      Certainly, the mingies fear insurrection, but they fear everything. Fear is their familiar. It is why the 99% aren't into trading places.

      We organize governments to deliver services and prevent abuse.

      by hannah on Wed Jul 17, 2013 at 01:42:02 AM PDT

      [ Parent ]

  •  When? (0+ / 0-)

    Is judgement day for the murdering fascist liars who poison our world?

  •  I think we should refer to the Congressional (1+ / 0-)
    Recommended by:

    action as a "cut in the food allowance."
    That would shine a light on the Congressional habit of putting working people on short rations.

    The problem with Congress' mismanagement of money is that their rationale is hard to explain to citizens. Why would they want to impose hardships on their constituents? Why dump on innocents? That they do it to feel important has to be explained.

    We organize governments to deliver services and prevent abuse.

    by hannah on Wed Jul 17, 2013 at 01:54:01 AM PDT

    •  I believe it's simple sadism, hannah. But their (0+ / 0-)

      policies will cost them in the long run.  The intellectual and entrepreneurial drift is to South America, so over time the rethugs will be holding the reins of a broken down cart that can no longer go anywhere.  And this will be a country of old men.

      Building a better America with activism, cooperation, ingenuity and snacks.

      by judyms9 on Wed Jul 17, 2013 at 04:18:44 AM PDT

      [ Parent ]

      •  Anticipatory Schadenfreude does not appeal to (0+ / 0-)

        me. There is no reason to let the sadists do their thing. Once a problem has been properly identified, there is an obligation to do something about it.
        And, it's not just men who are self-centered, instinct-driven perverts. They show up everywhere and in all populations and, despite their aparent propensity for taking risks, they survive for a long time probably because they have a knack for getting other people to work for them. Perhaps their talent for passing on orders they themselves can't carry out is actually socially useful. Problems arise from people thinking they actually know what they are talking about.

        We organize governments to deliver services and prevent abuse.

        by hannah on Wed Jul 17, 2013 at 05:15:37 AM PDT

        [ Parent ]

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