This is a finding that has turned up in a number of studies, and it's always fascinating: Many of the demographic groups that have fared the worst during the recession—including young adults (ages 18 to 24), blacks and Hispanics—have the most upbeat assessments of their own economic mobility, their children’s economic prospects and the nation’s economic future. This comes from a new Pew report called "The Lost Decade of the Middle Class: Fewer, Poorer, Gloomier," which just about sums up where things stand. "Since 2000, the middle class has shrunk in size, fallen backward in income ... Read More
Who’s Most Optimistic in America? The Answer Will Break Your Heart
August 24, 2012 • By • Leave a Comment
Angry Spanish Now Dancing in Bank Lobbies, Are Good At It
August 9, 2012 • By • Leave a Comment
http://www.youtube.com/watch?v=iop2b3oq1O0 Since last spring, a Seville-based performance group calling itself Flo6x8 has been sending trained dancers into the lobbies of bank branches across crisis-wracked Spain and disrupting business. The group first gained attention last May when it staged a pretty decent flamenco in a branch of Bankia, one of Spain's largest banks and the current target of corruption investigations. Bankia, which is broke, rose 24 percent yesterday on reports that it would receive a 30 billion Euro (US $36.9 billion) bailout from the EU's crisis lending body. In the ... Read More
