A lone bureaucrat fighting the investment brokerage industry has found new allies on a issue that stands at the intersection of two national challenges: financial regulation and retirement security.
Their policies have led, not to development and democracy, but to chaos and collapse. Our global reputation as a just and democratic state – the “fourth power” of our principled beliefs – lies in tatters.
Three signs add up to one stark reality: A nation that prides itself on being the land of opportunity is closing the avenues of advancement for an entire generation. Change will come only if we take action.
Like Germany, the United States has its own austerity cult. For these cultists, as for the characters in our nation's newest hit movie, pain seems to have become an end unto itself.
Class war is precisely what we've been seeing for decades now – but it's been waged for, not against, the wealthy. Republicans on the Senate Budget Committee opened up a new front in that war Wednesday.
The Institute for New Economic Thinking shows how without a dramatic shift in policy, we'll be divided into a small minority with fabulous wealth and a permanent underclass with few hopes or prospects.
Every day brings more headlines in the European debt drama. What's behind it? What does the future hold? Are there any implications for the United States? Here's an overview of the situation as it currently stands.
We've accepted the downsizing of government without a struggle, and that needs to change. That means reclaiming the voice and spirit of an independent left, without fear or apology.
This year's budget battle is important because it gives progressives an opportunity to explain why austerity economics is a failure -- and to offer something better in its place.
There are energy policies that benefit society as a whole and those that benefit the very few – the Kochs and their ilk. Guess which kind the GOP supports? If you want to know why, follow the money.
The president and his party should own their victories more often, along with the ideas – and the movement – that made them possible. If they do, they're likely to see more victories in the years to come.
Dr. Martin Luther King King Jr.'s life and legacy stand as a challenge to an entrenched society of privilege and injustice. Here are nine quotes that reflect that legacy.
Ayn Rand's face seems to hover, pale and sepulchral, over everything today's GOP does. Her contempt for those in need seems to have seized possession of today's GOP like a demon in a B movie.
Unexpectedly fierce Republican attacks on Social Security offer the president an opportunity to set the political tone for the next two years. During the State of the Union we'll see whether he seizes that opportunity.
There is no avoiding two harsh realities that “centrist” Democrats must now confront: They appear to be unexpectedly locked in a battle for control of their party, and their policies are unpopular.
How does the right justify the kind of action Congress took this week, when it moved to cut disability benefits for millions of people by 20 percent? Answer #1: With buzzwords and rhetorical dodges. Answer #2: Not very well.
Who bears the human cost of Republican hostility to this popular and vital program? Today it's the disabled. If they succeed, tomorrow it will be America's seniors. But we'll all pay, one way or another.
Name-checking the problem won't be enough. Inequality must be connected with the lived experience of most Americans, translated from the realm of abstraction into specific proposals. But which ones?
The Volcker Rule. The Citigroup Amendment. If you're looking for an easy political ride, 2015 isn't likely to be your year. But if you're looking for challenge and purpose, you'll find more than enough to engage you.
A candidate who “supports Wall Street within reason,” offering only tactical promises about "ending gridlock" while most Americans fret about the economy, is in danger of losing.
anders' website announced on Saturday that the Vermont independent “will introduce legislation to break up Wall Street megabanks ... " He deserves praise for having done so.
"A few more such victories and we are undone," the Greek general Pyrrhus supposedly said. But we're looking at the opposite situation: A few more losses like this, and we might be getting somewhere.
The budget deal hammered out this week literally imperils the economy. Congress is doing Wall Street's bidding, and this agreement must be stopped.
Wall Street isn't just trying to get another friend into a powerful position and win back taxpayer guarantees. It wants to make its own agenda seem inevitable. It wants to crush an incipient populist resistance.
Death, like life, occurs within an interconnected web of forces. Eric Garner died at a specific place and time, but he was drawn there by those larger and unseen forces. So was the officer who took his life.
The “rising American electorate” is sinking, along with many other Americans, into an economic quagmire. If Democrats don't address their needs, they won't just fail to win new voters. They could also lose the ones they have.
The Democrats' problem in the 2014 election wasn't lacking a common message. It was that its leaders seemed to lack commonly held values. The party doesn't need to find its message. It needs to find its soul.
Sen. Warren needs no help defending herself. Rather, it is Andrew Ross Sorkin's New York Times piece that warrants further examination for its failed arguments and the misplaced intensity of his own emotions.
The bankers' own deep-seated propensity for cheating and corruption may have given prosecutors a new opportunity to indict them. The departure of Attorney General Eric Holder offers a chance to forge a new approach.
The last straw: President Obama's nomination of Antonio Weiss, a global banking executive heavily involved in helping corporations avoid paying U.S. taxes, to a high-level post at the Treasury Department
Some surprising new polling results by Social Security Works underscore the unpopularity – and long-term destructiveness – of Congress' ongoing attacks on the Social Security system.
We interviewed economist Dean Baker on the latest set of jobs numbers. We also discussed the postal banking concept, and had some closing thoughts about the recent controversy over remarks made by economist Jonathan Gruber.
In this interview on "The Zero Hour," progressive pollster agrees this was a “wave” election. That can be seen in the Democrats' devastating gubernatorial, as well as senatorial, losses.
This election wasn't just a failure for Democrats. It was a failure for democracy. Things won't change until we learn a lesson from the Election That Never Was.
Sean McElwee, a writer and a research assistant at Demos, wrote an excellent piece laying out the importance of voter turnout in four charts. We speak with Sean in the attached clip.
Here's an interview with CAF's very own Roger Hickey on the importance of this election. He makes the case for the importance of voting – even for progressives who may (understandably) be disaffected with the campaign.
Join Richard Eskow for live election-night coverage tonight from "The Young Turks with Cenk Uygur." I'll be on the air starting at 8 p.m. Eastern time (5 p.m. Pacific).
Thom Hartmann points to a series of meetings in 2009 that set the stage for the Republican sabotaging of the economy over the next five years – and their potentially being rewarded for doing so on Tuesday.
Unless voters come out in force, it looks like corporate money is about to buy itself another house of Congress. For the American people, the moral of this story couldn't be clearer.
The key elements of the American dream—a living wage, retirement security, the opportunity for one’s children to get ahead in life—are increasingly unreachable for all but the wealthiest among us.