Business & Finance

B of A – Protest Target – 47 Years Ago!

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LA Free Press, 1964 Bank of America - Protest Target (1 of 3)

LA Free Press, 1964 Bank of America - Protest Target (2 of 3)

LA Free Press, 1964 Bank of America - Protest Target (3 of 3)

November 05 – November 11, 2011

Yesterday, it was the Counter Culture.
Today, it’s… all about us.

Est. 1964 Re-Incarnated by Popular Demand

This is the original, 60’s, counter culture, LA Free Press. Today’s Best Alternative View & Our Old Hippie Headlines, Too! A Head Trip for Smart Minds.

Been There. Done That.

Now, A Chance to Get it Right.

November 05 – November 11, 2011

Published throughout the Week

The OWS Movement is not the ‘Arab Spring’, but it may be ‘America’s Salvation’.

The LA Free Press brings a unique perspective to a Movement that may change your life forever…

The State of the American Worker

First published on September 6, 2010

Dumb Labor Day advice to workers: “Roll over”

By Eve Tahmincioglu (CareerDiva.net)

The headline in my local newspaper today reads: “Jobless must set sights lower.”

I wouldn’t be surprised if your local newspaper or radio station has a similar story today. This is the kind of sensational angle the media loves to focus on during all types of holidays. For example, a Christmas day massacre or a Halloween candy poisoning will get endless attention by editors, especially in this Internet age where all most media care about is how many times you guys click on a story.

But on this Labor Day, a time when we’re supposed to be celebrating the advances workers have achieved in the workplace, let’s not just roll over and accept what has become the standard employer line — you have to take less money for more work — and let’s concentrate on what needs to be done to bring back a job market with better quality jobs for the working stiff.

Today, President Obama is expected to announce a series of steps to stimulate the economy. Yes, the pundits will be tearing him apart today, saying it’s just a government bailout and the free market needs to do its thing. But if we look back in history, these types of measures the administration is touting are what brought workers back from the brink during another bad economic down turn, the Great Depression.

During that time there was a segment of society doing quite well while the regular guys and gals suffered, and during this recession many of those telling workers to accept less and do more are also doing quite well.

This from a great opinion piece in the New York Times last week called “How to End the Great Recession,” by Robert Reich, the former labor secretary under Clinton:

Where have all the economic gains gone? Mostly to the top. The economists Emmanuel Saez and Thomas Piketty examined tax returns from 1913 to 2008. They discovered an interesting pattern. In the late 1970s, the richest 1 percent of American families took in about 9 percent of the nation’s total income; by 2007, the top 1 percent took in 23.5 percent of total income.

It’s no coincidence that the last time income was this concentrated was in 1928. I do not mean to suggest that such astonishing consolidations of income at the top directly cause sharp economic declines. The connection is more subtle.

Reich has some suggestions how to make things better:

THE Great Depression and its aftermath demonstrate that there is only one way back to full recovery: through more widely shared prosperity. In the 1930s, the American economy was completely restructured. New Deal measures — Social Security, a 40-hour work week with time-and-a-half overtime, unemployment insurance, the right to form unions and bargain collectively, the minimum wage — leveled the playing field.

In the decades after World War II, legislation like the G.I. Bill, a vast expansion of public higher education and civil rights and voting rights laws further reduced economic inequality. Much of this was paid for with a 70 percent to 90 percent marginal income tax on the highest incomes. And as America’s middle class shared more of the economy’s gains, it was able to buy more of the goods and services the economy could provide. The result: rapid growth and more jobs.

By contrast, little has been done since 2008 to widen the circle of prosperity. Health-care reform is an important step forward but it’s not nearly enough.

That’s where Obama’s proposals may come in.

This news alert just in from Politico.com, Read more…

Yesterday, it was the Counter Culture. Today, it’s…Friday, January 14, 2011 and it’s all about us.

Est. 1964 Re-Incarnated by Popular Demand

This is the original, 60’s, counter culture, LA Free Press. Today’s Best Alternative View & Our Old Hippie Headlines, Too! A Head Trip for Smart Minds.

Been There. Done That.

Now, A Chance to Get it Right.

Published by One p.m. (PST)

January 10 – 14, 2011

The Gathering of the Tribes

A discussion of the rise in the Human Consciousness Movement.

More to Come by 1 pm (PST)

Commentary on: The Gathering of the Tribes

January 10-14, 2011

Commentary will be posted at 5 pm (PST)

Est. 1964 Re-Incarnated by Popular Demand

This is the original, 60’s, counter culture, LA Free Press. Today’s Best Alternative View & Our Old Hippie Headlines, Too! A Head Trip for Smart Minds.

This article refers directly to the Los Angeles Free Press Series mentioned above.

HERE is a link to the first postings of this Series.

After any day’s reading, come here again to find discussion on the thoughts generated and the conclusions that can be drawn. And please don’t hesitate to add whatever you have in mind!

by Steven M. Finger

Is 2012 likely to be a false call?  Has happened before – thought we should point out the many who thought they were going to be the Grateful Dead are not.  At least, not yet.

And, surely, you know all folks are not on the same wavelength – the above posting is just a reminder that much remains to be done if we are to ever reach a (beautifully) harmonic chord.  Might be why the earlier call wasn’t answered.

Come visit at 5pm (PST) for today’s complete commentary.

Key Words of our thinking in this Issue:  The Shift of the Ages, The Square Root of One Percent, Para PachaMama Global Community Network, Rainbow Family of Living Light, LETS, Local Exchange Trading Systems, Wholistic Business Assistance, Apocalypse

Here are links to the items in this Series:

Day 1 (of 5)

[1] 2012 The Shift of the Ages

[2] The Square Root of One Percent

[3] Official Opening of the Para PachaMama Global Community Network

Day 2 (of 5)

[1] The Rainbow Family of Living Light?

[2] LETS be Wholistic Business Partners

Day 3 (of 5)

[1] All dressed up… and no place to go?

[2] How do you prepare for the end of the world?

Day 4 (of 5)

[1] Rapture Watch

Day 5 (of 5)