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Great Depression
99ers and the Bum's Rush
By Robert and Donna Trussell - Politics DailyFollow the Trussell cartoons on Twitter at ChaosTheoryPD ...
2010 Census: US Growth Slowest Since Depression
By Andrea Stone - AOL NewsWASHINGTON -- The number of Americans reached 308,745,538 people this year, rising 9.7 percent in the first decade of the 21st century for the slowest growth rate since the Great Depression, according to figures released today from the 2010 census. The 23rd decennial population count, required by the Constitution, will be used to divvy up 435 House seats for the 113th Congress, which will convene in 2013. As in recent reapportionments, states in the South and West will gain at the expense of those in the Northeast and Midwest. Since 1940, 79 seats in Congress have shifted from the older ...
Ignore Your Inner Cynic and Vote on Tuesday
By Donna Trussell - Politics Daily"Tribute to Her," uploaded to the Internet on Nov. 7, 2008, is a slideshow of Election Day photographs. YouTube member SailorBrownie described her post as a "dedication to all those Black Americans who went out on Tuesday and voted. We made history." While it's not altogether clear who is the "Her" in the title of the video, it might as well be the woman collapsed on the floor in tears. A girl nearby touches her cheek with a little confusion and a lot tenderness for the woman who is, most likely, her mother. The pictures are set to the Beatles song, "Blackbird" -- a good choice, considering ...
83-Year-Old Retiree Wants to Win White House From Cousin Barack
By David Moye - AOL News
(Oct. 24) -- In order to get out of a great recession, maybe the country needs a president who lived through the Great Depression. And a retired engineer in Lancaster, Calif., thinks he knows just the guy for the job: himself. Don Cordell, 83, has been running for the nation's highest office since 2000 and doesn't plan to quit until he wins the hearts and minds of his fellow citizens. If elected in 2012, he would be the oldest U.S. president in history, even older than Ronald Reagan was when he retired, but Cordell sees his age as an advantage. Courtesy of Don Cordell Don Cordell, 83, has ...
Hindenburg Omen Crash Fears Linger Despite Recent Stock Market Rallies
By Carl Franzen - AOL News(Oct. 5) -- We should all be in real trouble right now, according to the Hindenburg Omen (HO), the esoteric technical analysis indicator that was tripped in August, spooking some traders and many, many more financial blogs and general-interest media into thinking that another stock market crash was imminent. That's because, according to blind mathematician and HO creator Jim Miekka (who already exited the market promptly after the second confirmed HO sighting back in August, since of course, a cluster of omens is much worse than just one), the stock market should have fallen off by as much ...
Poverty Rate Isn't Only Bad News for US Economy Lately
By David Knowles - AOL News(Sept. 16) -- As the American economy shows some signs of pulling out of the worst economic downturn since the Great Depression, a host of dire statistics paints a less-than-rosy fiscal portrait for poor and middle-class citizens. Growing Poverty Rate The U.S. Census Bureau announced today that the poverty rate in America rose from 13.2 percent of the population to 14.3 percent. That means that 43.6 million people, a full one out of every seven U.S. citizens, now lives below the poverty line. For a family of four, that means an annual income of $21,954 or less. Growing Number of Uninsured In ...
Library of Congress Photos Highlight Great Depression
By not in system - AOL NewsThe Library of Congress recently released over 1,600 color photos taken during the final years of the Great Depression. Funded by the Farm Security Administration and the Office of War Information, the pictures were taken by several famous photographers, including Jack Delano, Russell Lee and Marjory Collins. With their unique, vibrant look at the past, they offer a fresh perspective on one of the darkest periods in American history. ...
What Silver Lining to the Great Recession?
By Paul Wachter - AOL News(Aug. 12) -- Dean Baker, the co-founder of the Center for Economic and Policy Research and one of the few economists to foresee the housing bubble, keeps a daily blog, Beat the Press, that is a must-read corrective to much of what poses as economic insight in major newspapers. On Wednesday, Baker took his scalpel to an article by New York Times business writer David Leonhardt. Leonhardt notes that the country's serious problem of long-term unemployment, but puts a positive spin on the Great Recession -- for those who have jobs, wages are rising, he writes. Here's Leonhardt: But since this ...
Last Days of the 'World's Greatest Athlete'
By Chris Epting - AOL News(Aug. 6) -- Jack Thorpe, one of three remaining sons of Jim Thorpe, thought by many to be the world's greatest athlete, is suing Jim Thorpe. Don't be confused. He's not suing his famous father, who passed away in 1953. Rather, he's suing the town of Jim Thorpe, Pa., to have his father's remains transferred to a family burial ground in Pottawatomie County, Okla., near where the famed athlete was born. The strange scenario is a result of a decision Jim Thorpe's third wife, Patricia, made after the star athlete's death. She first tried to have Thorpe laid to rest in Oklahoma. Transcendental ...
Nancy Pelosi Q&A: Financial Law Reform Is a Modern 'New Deal'
By Bonnie Erbé - Politics DailyLove her or not, Speaker Nancy Pelosi's list of legislative accomplishments is formidable. On Wednesday, she capped four years of negotiating, cajoling, compromising and pressuring lawmakers by witnessing President Barack Obama sign the biggest remake of the financial regulatory system since the Great Depression. Pelosi calls the landmark legislation nothing less than a modern version of the 1930's New Deal. Since Pelosi became speaker in 2006, she has pushed through the U.S. House of Representatives a half-dozen pieces of transformative legislation, starting with the first increase in the ...
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