by Dave Johnson | Jul 7, 2015 | Blog, Trade
The U.S. Census Bureau reported Tuesday that the May goods and services trade deficit was an enormous, humongous $40.9 billion, up a bit from an enormous, humongous $40.7 billion in April. Our enormous, humongous trade deficit is a measure of how many jobs, factories,...
by Dave Johnson | Jul 2, 2015 | Blog, Democracy, Progressive Vision
We the People do not know how much money federal contractors are spending to bribe influence our Congress. What does that say about the transparency and integrity of our pay-to-play political system? For Independence Day President Obama should help Congress become...
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 Dave Johnson | Jun 30, 2015 | Blog, Tax Reform
Watch out for this one. With fast track trade authority done, the big corporations are now pushing for massive tax giveaways. This is another exercise of raw corporate power by the few to take what they want from the many. The corporations use complexity to get people...
by Dave Johnson | Jun 29, 2015 | Blog, Trade, Trans-Pacific Partnership
Fast track trade authority passed last week. So many of us fought so hard but The Money won again - this time. What do we do now? We take this awareness and energy into the fight against the Trans-Pacific Partnership (TPP). And then, win or lose, we build a fair trade...