Managing the Money: Feds versus States – Bailouts and Tobacco Money

Citizen Wealth Financial Justice Health Care

Little Rock       One of the interesting claims by the conservative right, most recently directed at the Affordable Care Act and the myriad website enrollment snafus, has been essentially that the federal government is the gang that can’t shot straight.   Among the claims has been that states and certainly private businesses can do a wonderfully better …

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Good News: Wealth Up! Bad News: Not for You!

Citizen Wealth Financial Justice

Dallas  Figures released by the Federal Reserve indicate that citizen wealth by some indices is recovering almost to pre-recession levels.  According to the Wall Street Journal: The net worth of U.S. households and nonprofit organizations—the values of homes, stocks and other assets minus debts and other liabilities—rose 2.6%, or about $1.9 trillion, in the third …

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