Tag Archives: Masao Suzuki

Who are the one percent?

The following article by Masao Suzuki is the first in a three article series from Fight Back! News

Occupy Boston march, Oct. 10. (Fight Back! News/Staff)

Across the country, the movement sparked by Occupy Wall Street has caught fire. This movement, identified by the slogan, “We are the 99%” targets the 1% of rich and powerful who are running the country for their interests and profit, at the expense of the rest of us who face high unemployment, lower wages, soaring tuition costs, home foreclosures and lack of affordable health insurance. In addition, servants of Wall Street are pushing to dismantle Social Security and Medicare and to raise taxes on the poor while cutting taxes even more on the rich. They say that they have no money, but are sending bombers and troops to more and more countries, so that military spending is now the single largest expense of the federal government, costing more than $800 billion a year.

So who are the 1%? Continue reading

More Bad News as the Economy Points to a “Double-Dip”

The following article by Masao Suzuki is from Fight Back! News:

San Bruno, CA – On Aug. 25, the Commerce Department reported that new home sales in July fell 12.4% from the level of sales in June, and were 32.4% lower than July of 2009. This report, which was much worse than most economists expected, followed a report by the National Association of Realtors the day before that sales of existing homes in July fell 27.2% from June, and were 25.5% lower than a year earlier.

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Right wing seeks to overturn historic Civil Rights case of United States v. Wong Kim Ark

The following commentary by Masao Suzuki is from Fight Back! News:

In 1898, the U.S. Supreme Court ruled in the case of United States v. Wong Kim Ark that American-born Chinese were U.S. citizens under the 14th Amendment of the U.S. Constitution. The 14th Amendment states: “All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside.”

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Another week, another 300,000 unemployed lose their federal unemployment benefits while senators take a break

The following article by Masao Suzuki is from Fight Back! News:

San José, CA – On July 8, the U.S. Department of Labor reported that almost 350,000 unemployed were dropped from federal unemployment insurance rolls. This is the second week in a row that the number of Americans collecting Federal Emergency Unemployment Compensation (EUC) and Extended Benefits (EB) has dropped by more than 300,000. Funding for these programs has run out, and Republicans in the Senate have blocked a vote to provide moneys for federal unemployment insurance benefits. As a result, jobless workers are getting cut off of their federal unemployment insurance benefits by the hundreds of thousands each week.

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Republican filibuster cuts off Federal Extended Unemployment Insurance

The following article by Masao Suzuki is from Fight Back! News:

Senate Republican filibuster cuts off Federal Extended Unemployment Insurance, Democrats refuse to use reconciliation process

San José, CA – On June 24, Republican Senators, along with Nebraska Democrat Ben Nelson blocked a vote on extending Federal Unemployment Insurance benefits. After the 57-41 vote to end debate (60 votes are needed in the Senate to stop arguing and start voting), Democratic Senate leader Harry Reid of Nevada pronounced the measure dead.

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Jobs report raises new doubts about economic recovery

The following article by Masao Suzuki is from Fight Back! News:

San José, CA – On June 4, the Department of Labor reported that there were 431,000 more jobs in May than the month before. But almost all of these new jobs were temporary workers hired for the 2010 Census. Only 41,000 jobs were added by businesses, down sharply from the 218,000 private sector job gain in April. This number was far worse than the 150,000 new jobs that economists expected private businesses to add in May. And of these 41,000 new private sector jobs, 31,000 were temporary help service workers. Despite the job gains this year, the economy is still down some 8 million jobs since the recession began in December of 2007.

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A First Look at the Job Market in the New Year: The Good, the Bad and the Ugly

Protesters block road to protest factory closure in Moline, IL. (Fight Back! News/Staff)

The following article, by Masao Suzuki, is from Fight Back! News:

San Bruno, CA – On Feb. 5 the Department of Labor released their report on the January 2010 job market. The good news in the report was that the official unemployment rate fell from 10.0% in December to 9.7% in January. This is the biggest drop in the unemployment rate since the recession began in December 2007.

There was also a fair amount of bad news in the jobs report. Some 20,000 payroll jobs were lost in January, and the job loss in December was revised up to 150,000 jobs. There was an increase of 52,000 temporary jobs in January, which means that 72,000 permanent jobs were lost.

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