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 Robert Reich, Op-Ed: We now know austerity economics is bad for weak economies facing large budget deficits. Much of Europe is in recession because of budget cuts demanded by Germany. And as Europe's economies shrink, their debts become proportionally larger, making a bad situation worse. The way to avoid this austerity trap is to get growth and jobs back first, and only then tackle budget deficits. |
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 Amanda Peterson Beadle, News Report: "About 45 percent of the 1.6 million veterans from the wars in Iraq and Afghanistan are seeking compensation for service-related injuries — more than double the 21 percent of veterans who filed such claims after the first Gulf War, according to an AP investigation. And new veterans are claiming an average of eight or nine ailments, and in the last year, the average has jumped from 11 to 14. By comparison, Vietnam veterans are receiving compensation for fewer than four injuries on average." |
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 Chris Hedges, Truthdig Op-Ed: The sentencing of Dharun Ravi for the hateful abuse that may have driven his gay roommate at Rutgers, Tyler Clementi, to commit suicide, or Barack Obama's public acceptance of gay marriage, prevents many of us from seeing that life for gays, lesbians, bisexuals and transgender people is getting worse—much worse. No one understands this better than the gay activist and Pastor Mel White. |
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 Justin Elliott, News Analysis: "After years of consideration, the Federal Communications Commission finally voted last month to require broadcasters to post online political ad data currently kept only on paper at the stations. Yet it's unclear when the data — which will provide a detailed picture of campaign and super PAC ad spending — will actually begin to be posted." |
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 Andrew Bacevich, Op-Ed: "When it comes to military policy, the Obama administration's success in shutting down wars conducted in plain sight tells only half the story, and the lesser half at that. More significant has been this president's enthusiasm for instigating or expanding secret wars, those conducted out of sight and by commandos. Handing war to the special operators severs an already too tenuous link between war and politics; it becomes war for its own sake." |
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 News Analysis: "On May 24, the Ohio's State Assembly passed Senate Bill 315—one of the worst fracking laws in the nation—by a 21-8 vote in the Senate and a 73-19 vote in the Ohio House that approves new regulations governing hydraulic fracturing in the Utica and Marcellus shale formations running under nearly half of the state. The shale gas provisions are part of a larger energy bill that also addresses Ohio's renewable energy portfolio standard." |
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 Video Interview: "Sam Seder, a political talk show host, interviews Alec Loorz—a high school senior, climate activist and founder of Kids vs. Global Warming and iMatter—on The Majority Report. Loorz is the lead plaintiff in the groundbreaking lawsuit against the U.S. government. Loorz talks about his work, the basis for the lawsuit and how youth across the country are responding in this incredible half-hour interview with Seder. Watch this inspiring video and learn how you can get involved." |
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 Amy Goodman, Video Interview: "Sharif Abdel Kouddous reports from Egypt, where protests erupted last night after final results were announced in the country's first-ever competitive presidential election. The top two candidates in the first round of the race are Mohamed Morsi of the Muslim Brotherhood and Ahmed Shafik, the last prime minister under Hosni Mubarak, who was ousted in a popular uprising 15 months ago. Morsi and Shafik will face each other in a runoff vote set to begin June 16." |
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 Richard (RJ) Eskow, Op-Ed: There's a lot we have yet to learn about the story of Sen. Mike Lee, Tea Party Republican of Utah, and America's largest bank. But we already know something's very, very wrong: Why is it that most Americans can't get a principal reduction from Chase or any other bank, but JPMorgan Chase was so very flexible with a sitting member of the United States Senate? |
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 Marta Molina, News Report: "We are party-less. We are not favoring any political party or candidate and we want the media to open up, to stop lying," said a student at Universidad Nacional Autónoma de México (UNAM). They are party-less but not apolitical. The supposed apathy and individualism and by which the Mexican youth have been characterized has been disproved on the streets and on the web. |
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 Josh Harkinson, Special Coverage: "As we enter Day 254 of the Occupy movements the protests have spread not only across the country but all over the globe. Thousands of activists have descended on Wall Street these past weeks as part of the #OccupyWallStreet protest organized by several action groups. What follows is a live video stream and live Twitter feed of this event." |
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![]( "How the") Paul Buchheit , Op-Ed: In his "Gospel of Wealth," Andrew Carnegie argued that average Americans should welcome the concentration of wealth in the hands of a few, because the "superior wisdom, experience, and ability" of the rich would ensure benefits for all of us. More recently, Edward Conard, the author of "Unintended Consequences: Why Everything You've Been Told About the Economy Is Wrong, said: "As a society, we're not offering our talented few large enough rewards. We're underpaying our risk takers." |
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 Giuliano Battiston, News Analysis: Though the current global economic and financial crises are undoubtedly devastating much of the world, they present the perfect opportunity for remodeling our economic system, according to participants at the ninth annual Terra Futura (Future Earth) exhibition of 'good practices' in social, economic and environmental sustainability held here from May 25-27. |
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 Froma Harrop, Op-Ed: "About 25 years ago, Social Security taxes were raised above that needed to support current retirees and the surplus put in a trust fund. The goal was to create a buffer to keep the program healthy as the number of retirees grew and lived longer. Left alone, Social Security can pay all promised benefits for the next 20 years, and can continue doing so with some minor adjustments, such as raising the cap on income subject to payroll taxes." |
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 Chris Hamby, News Analysis: Since 1980, more than 450 accidents involving dust have killed nearly 130 workers and injured another 800-plus, according to a Center for Public Integrity analysis of data compiled by the federal Occupational Safety and Health Administration and the U.S. Chemical Safety Board. Both agencies, citing spotty reporting requirements, say these numbers are likely significant understatements. |
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