Wages falling; the prices of imported goods are rising Source: RGJ.com
Everyone remembers oil prices near $150 per barrel (July 2008). The price of natural gas peaked about then (June 2008) at $61.90/million BTUs. By mid-February, the prices of both of these commodities had fallen about 70 percent. But, since then, their prices have diverged.
Goldman Sachs Vice-Chair: People Must "Tolerate the Inequality"Source:
Tony Wikrent on economicpopulist.org responds to Lord Griffiths' claim that banker's bonuses are necessary to create more wealth for all of society. What follows is a good breakdown of the structural causes of the current crisis, and what's needed to get us out of it.
Women's Wages Outpaced Men's During Recession Source: Wall Street Journal
The wages of the typical woman who had a job during the worst recession in decades rose faster than those of the typical man, new data from the Bureau of Labor Statistics show.
Colorado minimum wage to drop as living costs fallSource: Google
Colorado will become the first state to reduce its minimum wage because of a falling cost of living.
The state Department of Labor and Employment ordered the wage down to $7.24 from $7.28.

I was at the local pharmacy today and I noticed a jar next to the pick-up window. It seemed out of place to me until I got closer and realized it was a tip jar. Then it really seemed out of place. It did get me thinking though of the whole custom of tipping.
Unhappy Labor DaySource: Common Dreams
It's Labor Day and the American worker doesn't have a lot to celebrate.
Unemployment stands at 9.7 percent—that's 15 million people out of work, officially, and millions more unofficially.

We have another pending bill that does what should have been done along time ago. Every Federal firefighter must have pay equity with every other Federal firefighter. What more need I say about this issue?
Want to Stimulate the Economy? Lower the Retirement Age to 55 Now!Source: Common Dreams
One of the most powerful forms of stimulus we could apply to our economy right now would be to lower the current Social Security retirement age from the current 65-67 to 55, and increase the benefits back to where they were in inflation-adjusted 1960s dollars by raising them betw …
California Nurses Association:The Cost of Not Having a Public OptionSource: Daily Kos
excerpt: "" The California Nurses Association just sent out a press release highlighting new report from the Commonwealth Fund that projects a 94% increase in health insurance premiums by 2020, if effective reforms aren't enacted. From the e-mailed release:
Depression-Era Inequality, Only WorseSource: Common Dreams
A new study by Economist Emmanuel Saez revealed this week that income inequality in the U.S. is more severe today than at any time since World War I, and the current recession is taking its heaviest toll on the worst-off members of our society.
Deflation Theory Is Lemon We Have All Been SoldSource: Bloomberg.com
The banking industry, which has come to rely on inflation to make highly leveraged loans sustainable, also dislikes deflation. Likewise, it is bad for governments, which use inflation to reduce the value of their debts.
The me-first, screw-everyone-else crowd | SalonSource: Salon.com
excerpt: "" Finally, the me-first, screw-everyone-else crowd's ugliest traits are there for all to behold.
The group's core gripe is summarized in a letter I received that denounces a proposed surtax on the wealthy and corporations to pay for universal healthcare.""
DoD Appropriations Act and the Davis Bacon ActSource: Alliance For Worker Freedom
The DoD Appropriations Act 2010 passed the house last week without including the Connie Mack amendment that would have removed the Davis-Bacon Act from H.R.3326.
We need to get our spending under control.
End Homelessness - Change.org: Recession BabiesSource:
So if there's anything to be irked about after reading this story, it is that children - "recession babies", if you will - bear the brunt of the punishment for the lack of family-friendly policies and housing.

Low-Wage Capitalism: What the new globalized, high tech imperialism means for the class struggle in the US today.
Recommendation To Get A Job In Today's EconomySource: Reuters
With the number of Czars increasing Exponentially in the Obama Aministration, perhaps you should pinpoint your passion and go to www.usajobs.gov/ and check what Czar position is available this week.
(Information provided below is from "The Glenn Beck Blog.)
Are your Federal Taxes Lower Today?Source: YouTube
In order to confront the five major problems confronting America we have to provide workable solutions.
Words & Promises Do Matter. Missouri Will Show The Way!