by Stan Collender | Jan 14, 2013 | Blog
The U.S. Treasury yesterday dashed the hopes and dreams of many in the blogosphere when it announced that neither it nor the Federal Reserve saw the idea of a $1 trillion platinum coin as a realistic alternative to raising the debt ceiling. Actually, the Treasury...
by Bill Scher | Jan 14, 2013 | Uncategorized
MORNING MESSAGE: Is Our Budget Out Of Control? IMF Says Yes. Charts Say No. OurFuture.org's Richard Eskow: "The IMF report calls us 'profligate' because of the imbalance between the amount of money our government collects and the amount it spends. But, as Howard...
by Sam Pizzigati | Jan 13, 2013 | Blog
Can a democracy survive if the richest of the rich within it can pass on to their heirs, generation after generation, the vast bulk of their fortunes? In the United States, that question first became a top-tier topic of political debate back over a century ago....
by Richard Eskow | Jan 13, 2013 | Blog
A new press release says that forty more corporate CEOs, including JetBlue's, have joined a covert lobbying group for Wall Street, billionaires and the defense industry called "Fix the Debt." Fix the Debt is attacking Social Security, Medicare and other vital...
by Richard Eskow | Jan 11, 2013 | Blog
Well, there they go again. Less than a week after its chief economist apologized for wrongly imposing austerity on European nations – hey, sorry about that, unemployed millions! – the International Monetary Fund is misleading another country into the miasma of...