Browsing the "money" Tag

Legal Marijuana Tax Revenue Far Exceeds Estimates

February 24th, 2014 | by Rhonda Winter

The legal cannabis industry is economically flourishing in the first two US states that have already voted to legalize and regulate pot. The projected tax revenue generated this year in Colorado alone is nearly 30 million dollars more than had been previously anticipated

Why Sharing is a Revolutionary Act, and Our Future

November 5th, 2013 | by Rhonda Winter

Beth Buczynski's new book: Sharing is Good: How to Save Money, Time and Resources through Collaborative Consumption, chronicles the roadmap to our sustainable future. This accessible and well-written volume explains the many ways that sharing our resources can not only help to save money, energy and time, but can also allow us to strengthen our communities and build more meaningful personal relationships with one another

Sen. Gillibrand’s Bill Allows Student Loan Refinancing at Lower Interest Rate

May 22nd, 2013 | by Rhonda Winter

Senator Kirsten Gillibrand has just introduced the Federal Student Loan Refinancing Act, legislation which would allow students to refinance their college debt at a much lower fixed rate of interest. These reforms are especially needed, because in July US student loan rates are set to double to nearly 7%. Strangely, this is also happening at a time when our government continues to allow billionaire Wall Street bankers to borrow money for a small fraction of that cost

Warren Demands Student Loan Interest Must Equal Wall Street Borrowing Rates

May 14th, 2013 | by Rhonda Winter

Senator Elizabeth Warren has introduced her first bill, which allows for college students to borrow money at the same low rate of interest which Wall Street banks enjoy. Why would billionaire bankers be given a much more favorable loan rate than poor, struggling students? That is a very good question that the senior senator from Massachusetts has been asking

San Francisco’s Adobe Books Must Not Die

March 13th, 2013 | by Rhonda Winter

There are only two days left to help save one of the Mission District's most beloved and inspiring institutions, Adobe Books. Only a few more thousand dollars are needed to help keep this vital space from shuttering its doors forever. This shop is a cornerstone of artistic and cultural life in the neighborhood, as well as throughout the entire Bay Area — please don't let it die.

Pelosi Demands $10.10 Minimum Wage Raise Amid Historic Stock Market Profits

March 10th, 2013 | by Rhonda Winter

This week House Minority Leader Nancy Pelosi stated that the historic profits recently made by Wall Street demand that our nation increase the minimum wage to at least $10.10 an hour. The California Democrat explained that these enormous corporate financial gains have not translated into higher wages for most workers, and millions of working families are facing severe hardships as they continue to struggle

Video Shows US Wealth Gap is Now So Huge that it Soars Off Charts

March 3rd, 2013 | by Rhonda Winter

It seems like every month the number of people who are unemployed, or in need of food stamps soars to record new levels, while corporate profits continue to skyrocket. Attempting to describe the gargantuan disparity in wealth that exists in the United States is increasingly difficult. Currently 1% of our population now possess 40% of our nation's wealth, while the bottom 80% of us own just a scant 7%

Top 10 Trends in Sustainable Investing: Local Dollars, Local Sense

November 20th, 2012 | by Rhonda Winter

We are in the middle of an economic revolution toward much more local investing. The collapse of mammoth Wall Street banks, the LIBOR scandal and corrupt corporate malfeasance have given rise to growing support for regional credit unions, cooperatives and time banks, as well as increasing interest in loaning money to small independent neighborhood businesses. Michael Shuman, the director of research and economic development at the Business Alliance for Local Living Economies (BALLE), has written about this expanding money revolution in his recent book, Local Dollars Local Sense

Occupy Inspires Growing Rolling Jubilee Debt Abolishment Movement

November 15th, 2012 | by Rhonda Winter

One of the most inspiring recent developments to arise from Occupy Wall Street is a rapidly expanding movement to bail out regular folks through debt abolishment. This is not debt resistance or student loan forgiveness, but just ordinary people buying and erasing what others owe. The economic activist group, known as Rolling Jubilee, has begun raising money to erase millions in debt for our fellow citizens

Marijuana Legalization: Hundreds of Pot Cases Now Dismissed in Washington

November 12th, 2012 | by Rhonda Winter

The recent voter decision to legalize marijuana is already having a tangible impact in Washington state. Last week local prosecutors chose to dismiss more than 220 outstanding misdemeanor cannabis cases in their counties. Initiative 502 will soon make possession of one ounce of marijuana legal on Dec. 6, but King County Prosecutor Dan Satterberg decided it made sense to apply the marijuana legal reform retroactively

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