Posts Tagged ‘ economic crisis ’

Egypt’s “Days of Rage” – Can It Happen in the United States?

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By Stacey Patton
Analysts have said that high unemployment in Egypt, and Tunisia, which forced its president out of the country last month, has been a ticking time bomb that created this televised revolution. There have been numerous signs indicating that the U.S. is facing a similar economic Armageddon.



California’s Budget Crisis: Whither Black Leaders?

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By F. Finley McRae
In California, one day after Governor Jerry Brown touted his plan to close the state’s $28 billion budget gap, the Legislative Black Caucus expressed its concern in a carefully-worded statement. “We must be careful,” it said, “not to balance the budget on the backs of our most vulnerable citizens; children, disabled, the poor and elderly.”



Going Through Hell

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By Lee A. Daniels
Is there a difference between the adjectives “dire” and “terrifying?”

How does one adequately express the predicament African Americans face because of the nation’s three-year-long-and-counting economic crisis? Will the words “looming disaster” do?



Poverty’s Most Dreaded Consequence

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By The Editors
The January 14 news article in the Washington Post describes in wrenching detail the struggle of several Washington-area families who, having lost their relatively well-paying jobs, are struggling to hold on to a basic standard of living.

It’s clear that, if they lose that struggle, what likely awaits them is what awaits many others unable to overcome a fruitless search for work: homelessness.



America’s Jobs Crisis: “Ceasing to Exist”

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By The Editors
These are the Americans who are disappearing. Their jobs have ceased to exist, and so – because work anchors most people to the civic life of their local communities and the larger society – they, too, are effectively ceasing to exist, vanishing like dust in the wind.



Budget Cutbacks Imperil Minority Graduate Fellowships

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By Kenneth J. Cooper
Budget pressures have led three large states to cut funding for graduate school fellowships designed to increase the diversity of faculties at each state’s colleges and universities.



President Obama Signs Compromise Tax Bill; Unemployment Benefits Extended

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By The Editors
President Obama Friday quickly signed legislation the House of Representatives had passed at midnight Thursday authorizing more than $800 billion in tax cuts and extending unemployment benefits to millions of jobless workers for the next 13 months.



Obama-GOP Tax Plan Prospects Improve; Unemployment Benefits Renewal Nears

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By The Editors
The Senate appeared ready Tuesday to pass the controversial compromise tax plan fashioned by President Obama and Congressional Republicans, legislation that would also extend unemployment benefits to millions of jobless workers to the end of 2011.



Three New Orleans Police Officers Convicted, Two Acquitted in the Post-Katrina Death of Henry Glover

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By The Editors
The legal reconstruction of and punishment for the whirlwind of lawlessness that coursed through the New Orleans police department in the wake of Hurricane Katrina five years ago took another step forward on Thursday, December 9.



The Unemployment Benefits Deal: Back From The Brink – This Time?

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By Lee A. Daniels
The deal between President Obama and the Congressional Republicans has been struck. Whether it will hold amid fierce criticism from some Democratic Party activists and liberal pundits and some Democrats in Congress remains to be seen.