by Sam Pizzigati | Sep 13, 2009 | Blog
All the big banks in the Netherlands, pressed on by the Dutch finance minister, have agreed on a serious plan to restrain banker bonuses. And now the Dutch want the rest of the world to sign on. Remember that fabled Dutch boy who stuck his finger in a dike and saved...
by Alex Lawson | Sep 12, 2009 | Blog
It was a lovely day in DC as the Billionaires for Wealthcare gathered to survey our investments. After a few of our beautiful heiresses took proper tea at the Ladies Tea Party held by Americans for Prosperity, our gilded heroes headed off to greet the marchers with...
by Dave Johnson | Sep 12, 2009 | Blog
President Obama signaled a new direction in America's trade policies by deciding to enforce the ITC's recommendation to impose tariffs on Chinese tire imports. NY Times: U.S. Adds Punitive Tariffs on Chinese Tires In a break with the trade policies of his predecessor,...
by Dave Johnson | Sep 11, 2009 | Blog
Clyde Prestowitz op-ed in the Financial Times, Obama can help free trade with tariffs: Not to accept the tariff recommendation would be a severe blow to open trade and globalisation as well as to America’s future economic health. Prestowitz argues a tariff would be...
by Isaiah J. Poole | Sep 11, 2009 | Blog
Thursday's U.S. Census Bureau report on poverty and income, which showed the poverty rate increasing from 12.5 percent in 2007 to 13.2 percent 2008 and the median household income falling during that period by an historic 3.6 percent, was a devastating indictment of...