by Richard Eskow | Mar 15, 2013 | Blog
Forgive us if we begin our discussion of the Senate Subcommittee for Investigation’s JPMorgan Chase hearing with a small victory lap, but as they say down South, “It ain’t braggin’ if it’s true.” We’ve been saying for years that JPMorgan Chase is fundamentally a...
by Richard Eskow | Mar 14, 2013 | Back to Work Budget, Economy
Last night I returned from a nearly month-long trip to Africa. It’s profoundly unsettling to suddenly find oneself immersed in a primitive and superstitious culture – a culture dominated by taboos and rituals, a culture whose primitive beliefs could lead to its...
by Richard Eskow | Mar 13, 2013 | Blog
The CEO and Research Director of the Federal Reserve Bank of Dallas have written a clear, smart, and principled proposal for reforming our banking system, and for managing the moral and financial crises our too-big-to-fail banks have caused and perpetrated. The plan...
by Richard Eskow | Mar 11, 2013 | Blog
Somebody really needs to let Elizabeth Warren know how Washingon society works. Last week Warren and several other Senators rebuked regulators for their refusal to act against felonious banks and bankers when they violate sanctions or criminally assist psychotic drug...
by Richard Eskow | Mar 8, 2013 | Chained CPI, The Sequester
The spectacle of a supposedly liberal President repeatedly and needlessly trying to cut Social Security is enough to bring a reasonable, economically literate person to the point of existential despair. To see leading liberal lights like Rachel Maddow and Ezra Klein...