Economy

(OpEdNews) – The Moral Problem of Neocons like Bunning Who Love to Cut Off Poor Peoples’ Living

The problem with neocons is that they think ‘civilization’ ENDS at the threshold of the “free market” (right wing code for the “economic law of the jungle: the predatory cult of enriching oneself at others’ expense”) Read More Here

(CNN) – USPS to propose 5-day mail schedule, major cuts

The U.S. Postal Service plans to propose Tuesday an adjusted mail service schedule, which will likely cut Saturday delivery. The agency will also suggest closing some branches and expanding its use of self-service kiosks in grocery stores and other popular retail spots, as part of its effort to work its way out of a mountain of debt. Read More Here

(BayNews9) – Medicare payment reductions worry doctors, patients

March begins with a financial blow for doctors, who are facing a major reduction in Medicare payments. Read More Here

(RussiaToday) – Video: US economy may take another hit; California faces bankruptcy questions – Video Link Here

(SOTT) – A Titanic Budget in an Ocean of Icebergs: Will the USS Budget Go Down?

If there were a prize for worst headline of the week, even the month, it would surely go to a February 23rd piece in the New York Times headlined online: “Gates Calls European Mood a Danger to Peace.” The bellicose “mood,” so undermining of global peace that our secretary of defense had to go after it, was (according to Brian Knowlton of the Times) the “public and political opposition to the military” spreading across Europe. Who wouldn’t react similarly in the face of such an unnerving phenomenon? After all, should it grow stronger, peace on Earth will surely prove a chimera. Read More Here

(SavannahNow) – Senate leader predicts ‘massive layoffs’

Senate Majority Leader Chip Rogers announced Monday morning that “massive layoffs” will be one result in how the legislature copes with a roughly $1 billion shortfall in expected revenue for next year’s budget. Read More Here