by Robert Borosage | Jul 1, 2015 | Blog, Conservatism, Economy, Greek Crisis
Greece is now on the brink. It cannot pay its creditors, starting with the missed payment to the International Monetary Fund. Its banks are closed, unable to deal with a panicked dash for cash. The European Bank has refused to offer more cash to sustain their...
by Dave Johnson | Jul 1, 2015 | Blog, Financial Reform, Greek Crisis
The job of a lender is to evaluate risk and price a loan accordingly. If there is risk you charge a higher interest rate. That way you still make money on a broad portfolio of loans even when there are a few defaults. That's the job of a banker, supposedly. It's what...
by Terrance Heath | Jun 24, 2015 | Conservatism, Election 2016, Reviving Strong Unions
Louisiana governor Bobby Jindal is finally running for the GOP 2016 presidential nomination. Jindal was a rising star in the Republican party, when he passed on the chance to run in 2012. Now, he’s entering the 2016 race at the bottom of the ever-growing pile of GOP...
by Cormac Close | Jun 17, 2015 | Conservatism, Economy, Greek Crisis
Greece’s negotiations with its creditors are approaching a climax accompanied by dire headlines of impending collapse, but meanwhile most Americans feel that the economic drama unfolding across the Atlantic, while lamentable, is not really our problem. Three...
by Robert Borosage | Jun 16, 2015 | Current Issues, Populism2015, Populist Majority
In the early stages of any presidential campaign, the race for money is accompanied by an “ideas primary” as candidates begin to frame the purpose and platform of their campaigns. What’s striking about the salad days of the 2016 race is that populism is leading the...
by Isaiah J. Poole | Jun 4, 2015 | Conservatism, Economy, Greek Crisis
[fve]https://youtu.be/kAIa5X56_jk[/fve] There's a common thread between the appropriation bills being voted on in the House of Representatives this week and the Greek debt crisis, which also appears to be coming to a head this week: conservative austerity ideology...