How is a rising China reshaping world politics and business in the next stages? How is rising Chinese economy affecting global finance, trade, and employment map? Get inside stories and analysis on all basic matters on global financial crisis and rising China.
How convenient for Goldman Sachs. Just as most working people were demanding that the Goldman bosses and other Wall Street criminals either be massively fined, jailed or worse, the nation’s attention is suddenly forced to react to the racist immigration law in Arizona. And although the two incidents are not directly related, they represent a trend that is likely to increase in the months and years ahead.
Presently, California has a $22 billion budget deficit and Alexander says Whitman’s fiscal road map will rob the state of needed revenues and would result in cuts to essential state programs and services such as education, health care, public safety, transportation and infrastructure. “Voters need to understand that Whitman’s plan will only benefit the wealthy and super rich; it’s a plan that will offer little or no benefits for working people.”