Striking Chicago teachers are taking on the billionaire class that is robbing students & neighborhoods

Striking Chicago teachers are taking on the billionaire class that is robbing students & neighborhoods Striking teachers are demanding better conditions for their whole community instead of billionaire handouts. Read More → Eyes on the Ties

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A Guide to Puerto Rico’s Debt Adjustment Plan: Cuts for Pensioners and Payments on Allegedly Illegal Debt

A Guide to Puerto Rico’s Debt Adjustment Plan: Cuts for Pensioners and Payments on Allegedly Illegal Debt Retirees will bear the brunt of Puerto Rico’s new debt adjustment plan with new pension cuts, while Wall Street bondholders will rake in hundreds of millions. Read More → Eyes on the Ties

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Una Guía para el Plan de Ajuste del Gobierno Central: Recortes a las Pensiones y Pago de Deuda Posiblemente Ilegal

Una Guía para el Plan de Ajuste del Gobierno Central: Recortes a las Pensiones y Pago de Deuda Posiblemente Ilegal La carga del nuevo plan de ajuste de Puerto Rico recaerá sobre los retirados, mientras los bonistas de Wall Street ganarán cientos de millones. Read More → Eyes on the Ties

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Wall Street, former CEO seek to get paid while Blackjewel miners wait for back wages

Wall Street, former CEO seek to get paid while Blackjewel miners wait for back wages Private equity backing and self-dealing featured at the bankrupt coal firm whose workers are still waiting for pay. Read More → Eyes on the Ties

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Railroad CEO: This Economy Is The “Most Puzzling” In My 40-Year Career

Railroad CEO: This Economy Is The “Most Puzzling” In My 40-Year Career By Mac Slavo Railroad CEO James Foote says that the behavior of this economy is the “most puzzling” he’s seen in his 40-year career in the railroad industry. “The present economic backdrop is one of the most puzzling I have experienced in my career,” Foote told Wall Street analysts on a conference call Tuesday evening. “Both global and U.S. economic conditions had been unusual this year, to say the least, and have impacted our volumes. You see it…

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Phony Economic Growth Stats Conceal Deep Problems on Main Street

Phony Economic Growth Stats Conceal Deep Problems on Main Street By Antony P. Mueller We live not only in a time of fake news but also in the era of fake economic growth. The performance of the economies of the industrialized countries since 2010 is a prominent case of deceptive economic growth. This economic recovery is not the result of a strengthening of the productive forces of the economy, but is due to a massive expansion of liquidity. Central banks created a monetary avalanche that has gone mainly into the…

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