Thom's Blog

Austerity is losing momentum in Europe

Yes, the Conservative New Democracy Party finished first in the Greek elections Sunday, but it was not a democratic endorsement of the current austerity regime wrecking Europe. Looking at the polls, anti-austerity parties actually nabbed 52% of the vote in Sunday’s elections – and the far-left SYRIZA Party has doubled its share of the vote since May, garnering enough enthusiastic support that it can continue to push the new Greek coaliti

The situation in Greece is still unresolved

The pro-austerity New Democracy party edged out the anti-austerity SYRIZA party in Sunday’s Greek Parliamentary elections. However – New Democracy didn’t pick up enough seats to a have a majority in government and thus must cobble together a coalition government with other parties. But the SYRIZA party – which came in second and is staunchly opposed to more austerity, has rejected calls from New Democracy to form a coalition govern

This weekend in Europe it's democracy vs. bankster austerity

The world will be focused on Europe this weekend where voters hit the polls on Sunday to determine the fate of the banksters’ austerity regime. Already – central banks around the world are preparing for a liquidity crisis next week should Greece’s far-left SYRIZA Party, which has pledged to break Greece’s current bailout agreement with the EU, win and investors around the world panic.

Elections will also be held in France, which j

The United States ranks 88th on the Global Peace Index

According to a new study by the Institute for Economics and Peace – the world is getting more peaceful – but the United States is still a pretty violent place to live. The just released 2010 Global Peace Index ranks the nations of the world based on how peaceful they are – taking into consideration prison populations, political instability, wars, and military expenditures.

Is President Obama drinking the Thomas Friedman, one world, so-called "Free Trade" Kool-Aid?

Currently – the President is working on a new Trans-Pacific Partnership trade pact to open up trading markets with eight Pacific nations. This morning – a critical document outlining new provisions in this trade deal was leaked – revealing the President stands behind giving foreign transnational corporations' unprecedented power to abuse American workers, pollute our environment, and destabilize our markets.

Under the agreem

Florida Governor Rick Scott doubles down on his illegal purge of Democratic voters

You need to know this. Get your lawsuits ready – the state of Florida announced on Monday that it is filing a lawsuit against the Department of Justice to gain access to a federal database of undocumented immigrants so the state can continue its illegal purge of Democratic voters. In response, the Department of Justice said it is suing the state of Florida for violating the Voter Registration Act and the Voting Rights Act by contin

One of the biggest dominos in Europe is about to fall

On Saturday – Spain’s Finance Minister announced his country would become the fourth Eurozone nation to have to take a bailout to stay afloat. Reports suggest that the Spanish bailout could cost as much as 100 billion euros, but will likely not come with tough new austerity measures since Spain has already passed harsh spending cuts to rein in its deficit, and that step has only made the problem worse.

Short-term Profits for Oil Barons vs. Humanity

Attention climate change deniers – the planet is rapidly heating up. The National Oceanic and Atmospheric Administration is out with a new report showing that the last year – from June of 2011 to May of 2012 – was the hottest year ever since NOAA began recording annual temperatures. That included the fourth warmest winter – the second warmest summer – and the warmest spring ever recorded. On top of that – the scienc

Is FL's Voter Purge Initiating a Constitutional Crisis?

A Constitutional crisis could be brewing between the state of Florida and the Federal Government. On Wednesday – Florida Governor Rick Scott sent a letter to the Department of Justice informing it that the state will continue with its statewide voter purge effort, despite warning form the DOJ that the state is in violation of the Voting Rights Act and the Voter Registration Act. The Miami Herald reports that the letter “d

Is our democracy is now in its death throes?

Thanks to the Supreme Court, our democracy is now in deep trouble. Fueled by tens of millions of dollars in out-of-state corporate and billionaire cash – giving him an 8-to-1 spending advantage over his Democratic opponent – Wisconsin Governor Scott Walker prevailed in Tuesday night’s recall election. This is the second major election in the post-Citizens United era – and for the second straight time organized money beat organized

Florida Governor Rick Scott isn’t the only one purging Democratic voters off the rolls

In Texas – as many as 1.5 million voters could lose their right to vote, according to the Houston Chronicle. Already – one-in-ten Texans have seen their voting rights suspended – and looking at voters under the age of 30 – or people who mostly vote for Democrats – one-in-five have had their voting rights suspended.

Voter Purge...Rick Scott gives the finger to Washington!

The state of Florida told the Justice Department what it can do with its letter demanding Governor Rick Scott end his illegal purge of Democratic voters in the Sunshine State. Despite being informed via a DOJ letter they were in violation of the Voting rights Act last week – officials in Governor Scott’s government are pressing forward with a massive effort to kick supposed undocumented immigrants off the voting rolls.

Spain looks like it will be the next domino to fall in the Eurozone crisis

Over 100 billion euros have left the country in the first three months of this year – that’s more than a tenth of Spain’s GDP. Fears are growing that just like Greece – Spain will soon need a euro bailout. But unlike Greece – Spain is a huge economy – the fourth biggest in Europe – meaning a bailout would be a lot more expensive – and a default would be catastrophic for the euro.

CEOs are literally stealing workers’ wages

As CNN reports – wage theft complaints have increased 400% over the last decade – with over 7,000 lawsuits alleging wage and hour violations against employers filed just in 2011. The complaints center on workers accusing their employers of not paying them for all the hours they worked or not paying overtime that they were entitled to. Some of the companies that have had suits filed against them are Walmart, Starbucks, and Bank of A

23% of all American children live in poverty

Anyone who doubts the United States has been in an economic free fall for the last three decades should check out the new United Nations Children’s Fund report on child poverty. OF the 34 wealthiest nations looked at by UNICEF – the United States has the second highest child poverty rate of all of them – with a staggering 23% of all American children living in poverty.

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