New child subsidy 'will be drunk by parents'Source: thelocal.de
Heinz Buschkowsky, the mayor of Berlin's multicultural Neukölln district, tells Sandra Dassler from Berlin daily Der Tagesspiegel why he thinks the German government's plans to introduce a new "home-care" subsidy for children opting out of day care could have disastrous …

There are many things wrong with the "Cash for Clunkers" program. But the worst one, in my mind, is how it will affect the working class. The rules state that the cars turned in must be junked.
Food stamp list swells to record 32.2 million | U.S. | ReutersSource: Reuters
WASHINGTON (Reuters) - A record 32.2 million people -- one in every 10 Americans -- received food stamps at latest count, the government said on Thursday, a reflection of the recession now in its 16th month.
Food stamps are the major U.S.

The reason newspapers are failing is for the obvious reason of falling subscription rates, but chances are good that the real reason for the decline of newspapers will never be reported by the mainstream media that benefits from the failures of newspapers.
AIG, Wall Street and Turnips: What the World Needs Now is LoveSource: EVERYDAY CITIZEN www.EverydayCitizen.com
The super rich and super powerful capitalists in America knew that their "free ride" had to come to an end. They've known it ever since their reckless selfish joy ride began in the 1980s, as they took over American politics with Reaganomics and the ill named Moral Majority.
Obama Presses for Quick Jolt to the Economy Source: The New York Times
President Obama on Friday stepped squarely into the fractious effort in Congress to assemble an $825 billion economic recovery package, seeking to quell criticism from both parties and to retain leadership on an initiative that could define his term.
Irish economy disintegratesSource: WSWS
Whether they manufacture personal computers, luxury cut glass and porcelain, or dig precious metals out of the ground, Irish-based corporations have responded to world recession by seeking to offload the consequences onto the working class.
Nick Cohen: It's not the poor the middle class really fearSource: Guardian Unlimited
I assume that, as a reader of the Observer, you are likely to be middle class and want to put the blunt question to you: who is your enemy? Who has menaced your home and career, brought fear to your slumbers, threatened to turn your work-life balance into all life and no work, pl …
What went wrong with the working class?Source: Guardian Unlimited
The English working class is dead - its traditions and values have been replaced by sentimentality and the false promises of celebrity and credit cards. It's time the people rediscovered their collective power and sense of pride (long)
Janet Pissed; Plans To Confront Beyonce About CommentsSource: eurweb.com
...In the new January 2009 cover story, Beyonce attempts to explain the differences between her road to stardom and the more common route taken by black performers who struggled economically during childhood.
Obama Asks Biden To Lead Newly Formed Task Force for Working Families Source: The New York Times
President-elect Barack Obama on Sunday announced the creation of a task force to bolster the standard of living of middle-class and working families in America, tapping Vice President-elect Joseph R. Biden Jr. to lead the effort with four members of the cabinet.
China slumps as global depression deepensSource: WSWS
In the latest shock to the global economy, China's industrial production is declining sharply, indicating that the entire national output is contracting.

I am always amused when any politician suggests that he or she will bring prosperity to all through the wonders of capitalism and the "invisible hand of the free market." I am equally amused when working class Americans vote against their economic interests because they believe, …

Call me naive, but I have a feeling that white America may surpise even itself this election.
New US Prez will enjoy blowsSource: International Herald Tribune
Rulers have been doing their best to protect bigwigs' interests with the money they have exploited from ordinary people. Those who have hidden money by stealing out from their profitable institutions will further seek such opportunities from their ruling elites.
Obama's 95% IllusionSource: Wall Street Journal
One of Barack Obama's most potent campaign claims is that he'll cut taxes for no less than 95% of "working families." He's even promising to cut taxes enough that the government's tax share of GDP will be no more than 18.2% -- which is lower than it is today.