Economy and Business

The State of Martin Luther King Jr.’s Dream in 2010

Over 40 years after Dr. Over 40 years after Dr. Martin Luther King, Jr.’s assassination, his words still speak to the social conditions that so many Americans face. Our unemployment rate is hovering at 10 percent, and the wealthiest 10 percent of us control over 70 percent of the nation’s wealth. Economic inequality remains a barrier to greater racial equality. The national commemoration of King’s birthday, therefore, is more for reflection than celebration.

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My Cat is No Fat Cat

My Cat is No Fat Cat

It’s a good thing my long-haired calico Hyacinth can’t read the newspaper. Otherwise I’m sure she’d be deeply offended by all the recent headlines about “fat cats.”

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Bye-bye, Dubai

Bye-bye, Dubai

It’s bad enough when a person drowns in debt. Shock waves multiply when a corporation teeters on the verge of failure. The economy becomes even more agitated when a country declares bankruptcy, as Iceland did in 2008 and Hungary and Latvia almost did in 2009.

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In 2010, Let’s Treat our Domestic Workers Better

The holidays can be stressful for overscheduled families. The kids are home from school and daycare. The in-laws visit. There are year-end deadlines to meet, awkward office holiday parties to attend, and self-inflicted New Year’s resolutions to conquer.

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Thanksgiving: Time to Consider Native Americans’ Plight

This Thanksgiving season, the nation should finally commit itself to bridging the socioeconomic divide between the descendents of those who came together during the first Thanksgiving: the Native Americans and the white newcomers. More than cranberry sauce and turkey, this type of reflection and action is essential to the holiday season.

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Cuban Embargo: Nothing Succeeds Like Failure

Once again, Cuba has asked the United Nations to help end the U.S. economic, financial and trade embargo. Havana says this blockade cost it more than $242 million last year. The embargo also stymies Cuban access to foreign capital from other nations, because investors face possible U.S. sanctions for doing business with Cuba.

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