by Richard Eskow | Mar 7, 2013 | Blog
This week the Swiss people voted to limit bonuses for the high-paid executives they call “fat cats.” Last month shareholders at the largest too-big-to-fail bank revamped the bonus system for their senior executives. And the European Union agreed last month to impose...
by Richard Eskow | Mar 5, 2013 | Blog
Bloomberg Businessweek created quite a stir last week when it illustrated a cover story about the return of risky mortgages with artwork that was widely interpreted as racist because ... well, see for yourself. The cartoon drawing showed only people of color - people...
by Richard Eskow | Mar 1, 2013 | The Sequester
Today is the day the package of budget cuts they call the "Sequester" takes effect. There will be endless postmortems and realtime analyses. But as its draconian effects, there’s one thing to remember above all: Congress did this. We’ve criticized both the President’s...
by Richard Eskow | Feb 28, 2013 | Blog
The pro-corporate, anti-majority political class is sustaining itself with a lot of self-serving myths these days. Guess you need to do that when you're dismantling the social contract. In the closed society that is Insider Washington, rites and mythologies are used...
by Richard Eskow | Feb 27, 2013 | Uncategorized
The President’s "sequester" offer slashes non-defense spending by $830 billion over the next ten years. That happens to be the precise amount we’re implicitly giving Wall Street’s biggest banks over the same time period. We're collecting nothing from the big banks in...
