Corporate Hunger for Profits Has Devastated American Life -- and the World Along with It
- From: earthactionnetwork@...
The 4 Big Ways That Insatiable Corporate Hunger for Profits Has Devastated
American Life -- and the World Along with It
By Paul Buchheit
Alternate: May 19, 2013
The damage caused by the relentless corporate drive for profits has become
more clear in recent years. In the most important areas of American life,
devastating changes have occurred:
Health Care : Almost half of the working-age adults in America passed up
doctor visits or other medical services because they couldn't afford to pay.
The system hasn't supported kids, either. A UNICEF study  places the U.S.
26th out of 29 OECD countries in the overall well-being of its children.
Education : Student loan balances increased by 75% between 2007 and 2012.
Household Wealth : Median wealth fell by 66% among Hispanic households
and 53% among black households between 2005 and 2009, mainly because of the
mortgage banking collapse. Almost half of Americans have ZERO wealth,
with their assets surpassed by debt.
Climate Warnings, Growing Louder
By THE EDITORIAL BOARD: May 19, 2013
The news that atmospheric concentrations of carbon dioxide, the most
important global warming gas, have hit 400 parts per million for the first
time in millions of years increases the pressure on President Obama to
deliver on his pledges to limit this country's greenhouse gas emissions.
America cannot solve a global problem by itself. But as Mr. Obama rightly
observed in his inaugural address, the United States, as both major polluter
and world leader, has a deep obligation to help shield the international
community from rising sea levels, floods, droughts and other devastating
consequences of a warming planet. In his State of the Union speech, he
promised to take executive action if Congress failed to pass climate