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Wall Street Speculators Push Argentina into Default, Endanger World Economy

Wall Street Speculators Push Argentina into Default, Endanger World Economy

Wall Street speculators are pushing Argentina into default, and the result could be devastating for the people of Argentina and destabilizing for the global economy.

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Trying to Understand What Makes Sense

Two boys at the Detroit Water Rally held July 18, 2014. Photo courtesy of National Nurses United.

Last month, a United Nations panel held that cutting off water to Detroit residents suffering from high unemployment rates and low incomes, leaving them unable to afford their water bills, was a violation of basic human rights. This past weekend, actor Mark Ruffalo and Rep. John Conyers (D-Mich.) joined close to a thousand protesters in a march organized by National Nurses United from Detroit’s Cobo Center to Hart Plaza. The chants of the crowd included “We got sold out, banks got bailed out." And there were renewed calls for a financial transaction tax, commonly referred to as a “Robin Hood tax.”

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Feds Home In on Senior Republican Staffer as Possible Source of Insider Trading Leak

Recent court filings by the U.S. Securities and Exchange Commission suggest that Brian Sutter, the staff director of the House Ways and Means Subcommittee on Health, could have been the source of inside information on changes in health care policy that led to illegal insider trading.

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9 Terrifying Stories of Injustice from Matt Taibbi's New Book, 'The Divide'

9 Terrifying Stories of Injustice from Matt Taibbi's New Book, 'The Divide'

In his new book, The Divide: American Injustice in the Age of the Wealth Gap, Matt Taibbi takes a look at the growing problem of inequality in the justice system. Taibbi shows, through many examples, that the way justice works in the United States is divided pretty starkly between the wealthy and successful (and mostly white) and the rest of the country. The system assumes that wealthy Americans are innocent, even when they commit crimes, and their punishments are either nonexistent or minor. Poorer Americans, on the other hand, are assumed to be guilty and face harassment and punishment well beyond their crimes, particularly when coupled with the treatment the rich get.

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Here’s What We’re Reading: Wednesday News Roundup

Here’s What We’re Reading: Wednesday News Roundup

Here are some headlines from the working family’s news we're reading today (after the jump).

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Here’s What We’re Reading: Thursday News Roundup

Here’s What We’re Reading: Thursday News Roundup

Here are some headlines from the working families' news we're reading today (after the jump).

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That 15% Increase in Wall Street Bonuses Last Year Must Mean the Economy Is All Better, Right?

If we're to believe conservatives, the free market rewards those who work hard and do the right thing and punishes those who don't. The market wouldn't, for instance, give record bonuses to Wall Street executives during a time when the economy is struggling, when jobs are scarce and when many Americans are suffering, right? So the news that Wall Street executives saw their bonuses increase by 15% in 2013 must mean that the economy is doing great. Otherwise, why would the free market reward those executives?

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What We’re Reading Today: Friday News Roundup

What We’re Reading Today: Friday News Roundup

Here are some headlines from the working families news we're reading today (after the jump). 

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Winners and Losers of the Week

Photo courtesy: National Day Laborer Organizing Network's Facebook page

In our regular weekly feature, we'll be taking a look at the winners and losers of the week in the struggle for the rights of working families. The winners will be the persons or organizations that go above and beyond to expand or protect the rights of working families, while the losers will be whoever went above and beyond to limit or deny those rights.

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What We're Reading Today: Tuesday News Roundup

Photo via Doviende/Flickr

Here are some headlines from the working families news we're reading today (after the jump).

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