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April 16 2014

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The Modern History of Venezuela: The Bolivarian Revolution - Edgardo Lander on RAI (5/9)
On Reality Asserts Itself, Mr. Lander discusses the achievements and failures of the revolution led by President Hugo Chavez.
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Time: 11:11 More in News & Politics

April 15 2014

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Demystifying the Role of Mitigation in the Most Recent IPCC Report
Anthony Patt and Shreekant Gupta, authors of the IPCC's third working group report, say that the report should not be seen as endorsing carbon capture and st...
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Time: 13:35 More in News & Politics
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The Boston Marathon Bombing Shows Why Surveillance State Doesn't Work
One year after the Boston Marathon bombing the ACLU's Kade Crockford questions whether the surveillance practices of law enforcement and an increased militar...
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Time: 09:56 More in News & Politics
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Univ. of Maine Faculty Reinstated After Students Protest Against Cuts
USM Assistant Professor Meghan Brodie and USM student Meaghan LaSala discuss how this victory marks the beginning of a push to look to other efficient ways t...
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Time: 08:52 More in News & Politics

April 14 2014

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Christine Lagarde : IMF will address Inequality in the World
Christine Lagarde : IMF will address Inequality in the World
Debra James: That is not likely to be achieved with the existing IMF polices. From: TheRealNews Views: 61 4 ratings Time: 17:21 More in News & Politics
Reposted from02mydafsoup-01 02mydafsoup-01
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Raising Big Banks' Leverage Ratio Good, But Not Nearly Enough
Forcing big banks to increase capital on hand will make another taxpayer bailout less likely, but it's still business as usual for Wall Street.
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Time: 09:56 More in News & Politics
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The Modern History of Venezuela from 1908 to 1973 - Edgardo Lander on Reality Asserts Itself (2/8)
We apologize for releasing part 4 before parts 2 and 3. We are publishing part 2 now, on Monday, and part 3 will be published on Tuesday. Mr. Lander traces t...
Views: 483
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Time: 12:32 More in News & Politics

April 13 2014

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Has Palestinian Maneuvering Revived Peace Talks?
Lia Tarachansky and Shir Hever interview journalist Daoud Kuttab on how Mahmoud Abbas' maneuvering may have led to talks extending. More on www.therealnews.com.
Views: 41
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Time: 12:06 More in News & Politics
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Intelligence Gathering and the Unowned Internet
Intelligence Gathering and the Unowned Internet
The long-term viability of an unowned, open Internet remains in question. Any analysis of where the Internet is headed as a protocol and a platform must take... From: BerkmanCenter Views: 1 0 ratings Time: 01:29:31 More in Education
Reposted from02mysoup-aa 02mysoup-aa

April 11 2014

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TRNN Debate: Decriminalization vs. Legalization
As Maryland is poised to become the next state to decriminalize maurijuana, MD Delegate Keiffer Jackson Mitchell and LEAP Executive Director Neill Franklin d...
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Time: 18:44 More in News & Politics
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The Modern History of Venezuela - Edgardo Lander on Reality Asserts Itself (2/4)
Mr. Lander, with host Paul Jay, traces the events that set the stage for the Bolivarian Revolution and the Chavez era of Venezuela.
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Time: 22:42 More in News & Politics

April 10 2014

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From Exile to Radicalization in Venezuela - Edgardo Lander on Reality Asserts Itself (1/3)
Mr. Lander tells Paul Jay that in '98, when he saw the whole of the establishment getting together to defeat Chávez, he voted for him even though he had a lo...
Views: 91
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Time: 24:17 More in News & Politics
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Pro-Russian Protestors Seize Ukrainian Gov. Buildings, But Who Are They?
Nicolai Petro: Both the U.S. and Russia are pointing fingers at each other claiming other's involvement in Ukraine, as pro-Russian supporters take bolder ste...
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Time: 07:20 More in News & Politics
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U.S. Role in Rwandan Genocide: A Look at Rwandan Politics Then & Now
Twenty years after the Rwandan genocide, survivor & activist Claude Gatebuke and filmmaker Andre Vltchek discuss what was really behind Americans decision no...
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Time: 18:58 More in News & Politics

April 09 2014

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Workers at Nation's Top Hospital Strike for Fair Wages
The Real News goes to the picket lines as Johns Hopkins Hospital workers launch a three-day strike for living wages.
Views: 139
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Time: 05:23 More in News & Politics
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Hunger Strikers Demand President Obama Halt His Record 2 Million Deportations
Family members of deportees plea to President Obama to halt the separation of family members with no criminal records, while corporations continue to profit ...
Views: 28
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Time: 08:41 More in News & Politics
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WHY THE MINIMUM WAGE SHOULD REALLY BE RAISED TO $15 AN HOUR

Momentum is building to raise the minimum wage. Several states have already taken action  — Connecticut has boosted it to $10.10 by 2017, the Maryland legislature just approved a similar measure, Minnesota lawmakers just reached a deal to hike it to $9.50. A few cities have been more ambitious — Washington, D.C. and its surrounding counties raised it to $11.50, Seattle is considering $15.00

Senate Democrats will soon introduce legislation raising it nationally to $10.10, from the current $7.25 an hour.

All this is fine as far as it goes. But we need to be more ambitious. We should be raising the federal minimum to $15 an hour.

Here are seven reasons why:

1. Had the minimum wage of 1968 simply stayed even with inflation, it would be more than $10 an hour today. But the typical worker is also about twice as productive as then. Some of those productivity gains should go to workers at the bottom.

2. $10.10 isn’t enough to lift all workers and their families out of poverty. Most low-wage workers aren’t young teenagers; they’re major breadwinners for their families, and many are women. And they and their families need a higher minimum.

3. For this reason, a $10.10 minimum would also still require the rest of us to pay Medicaid, food-stamps, and other programs necessary to get poor families out of poverty — thereby indirectly subsidizing employers who refuse to pay more. Bloomberg View describes McDonalds and Walmart as “America’s biggest welfare queens” because their employees receive so much public assistance. (Some, like McDonalds, even advise their employees to use public programs because their pay is so low.)

4. A $15/hour minimum won’t result in major job losses because it would put money in the pockets of millions of low-wage workers who will spend it — thereby giving working families and the overall economy a boost, and creating jobs. (When I was Labor Secretary in 1996 and we raised the minimum wage, business predicted millions of job losses; in fact, we had more job gains over the next four years than in any comparable period in American history.)

5. A $15/hour minimum is unlikely to result in higher prices because most businesses directly affected by it are in intense competition for consumers, and will take the raise out of profits rather than raise their prices. But because the higher minimum will also attract more workers into the job market, employers will have more choice of whom to hire, and thereby have more reliable employees — resulting in lower turnover costs and higher productivity.

6. Since Republicans will push Democrats to go even lower than $10.10, it’s doubly important to be clear about what’s right in the first place. Democrats should be going for a higher minimum rather than listening to Republican demands for a smaller one.

7. At a time in our history when 95 percent of all economic gains are going to the top 1 percent, raising the minimum wage to $15 an hour isn’t just smart economics and good politics. It’s also the morally right thing to do.

Call your senators and members of congress today to tell them $15 an hour is the least American workers deserve. You can reach them at 202-224-3121.


Reposted from02myEcon-01 02myEcon-01
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Indian Parliamentary Elections - A Primer With Vijay Prashad
Indians go to the polls discontent with the 10 year rule of Indian National Congress Party.
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Time: 17:59 More in News & Politics
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Where Are Israeli-Palestinian Peace Negotiations Headed?
Phyllis Bennis: After Palestine applies to join UN organizations, Israel reneges on deal to release prisoners, leading talks back into where they started: a ...
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Time: 06:54 More in News & Politics
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West Looks to Carve Up Ukraine & Privatize Industries Held By Kleptocrats
Michael Hudson: The financial grab for Ukraine industries is simply war by another name, as other Eastern Europe countries have experienced similar fates.
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Time: 10:19 More in News & Politics
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