With little more than a month to go until Wisconsin Governor Scott Walker faces his recall vote, unions and their supporters are pulling out all the stops to replace him with one of their own.

Writing for the pro-union newsletter The Progressive, its political editor Ruth Conniff decried every major piece of “Act 10” — the highly contested Budget Repair Bill that Walker finally got passed by the Wisconsin legislature last March — saying that “If you want a preview of the Mitt Romney/Paul Ryan plan for America, take a look at Wisconsin:

         - Huge tax breaks for corporations….

         - Deep cuts to health care, education, unemployment insurance….

         - Rolling back … protections and … regulations….

         - Waging war on labor unions, taking away public employee’s collective bargaining rights….

So where does this blueprint leave us?

Wisconsin is now dead last in the nation, according to the Bureau of Labor Statistics, for job loss.

Between January 2011 and January 2012, while 44 states and the nation as a whole were adding jobs, Wisconsin was one of only six states to lose jobs — and Wisconsin's job loss was the worst among that handful of losers.

 

As President Obama and his GOP presidential rivals continue to pound the campaign trail, the grave issue of student loan debt has come under the spotlight. In what critics are calling the next "debt bomb," total student loan debt is slated to top a record $1 trillion, an amount larger than total U.S. credit-card debt and only second to the nation’s overall mortgage debt.

Is saving 30 percent on your car insurance enough to justify granting Big Brother access to your vehicle? That’s the question many consumers and industry analysts are asking, as more auto insurance companies offer new options that calculate premiums based on a person’s driving habits, rather than set variables such as age, gender, and past driving records.

Help stop corporate welfare by supporting H.R. 4268 to abolish the Ex-Im Bank.

More than half of college students graduating this June can expect to find either no work, or work that doesn’t utilize their freshly minted skills, according to the Associated Press.

 

 JBS CEO Art Thompson's Second Video Analysis for the Week of April 23-29, 2012.

In a well-researched article published online last month by The New American, Brian Koenig succinctly described capital cronyism. Koenig writes:  

Karl Marx and Friedrich Engels, the purported founders of communism, established in the 19th century a government paradigm that transformed Europe and other regions in the eastern hemisphere, adding to an already expansive repertoire of political ideologies. And the seemingly farfetched assertion that communism could someday take control of America seems, quite simply, unfathomable. But is it really that improbable, or furthermore, has it already ensnared certain sectors of society?

 

To look at the streets of Reykjavik, Iceland, an alien would be hard-pressed to see any aftereffects of the banking crisis that nearly bankrupted the country in 2008. The capitol of the 40,000-square-mile island just below the Arctic Circle between Greenland and the United Kingdom is the country's largest city where nearly two-thirds of the island's 320,000 inhabitants reside. Unemployment is down, economic growth is positive, and its streets are calm.

Just two days separated a letter from Matt Taibbi of Rolling Stone magazine and a report from the president of the Dallas Federal Reserve, each remarkably calling for the end of “too big to fail” (TBTF) banks.

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