by Richard Eskow | Jan 22, 2013 | Economy
The President gave a terrific speech. But if great speeches could heal our economic wounds, if they could repair the ever-increasing gap between the rich and the rest of us, if they could re-open the closing doors of opportunity for the young, the African-American,...
by Richard Eskow | Jan 16, 2013 | Blog
Here's a thought experiment: What if a group of Social Security and Medicare recipients wanted to increase their benefits by, say, 1,000 percent, and proposed seizing rich people's assets – houses, cars, boats, whatever – to pay for it? And whenever anybody suggested...
by Richard Eskow | Jan 15, 2013 | Blog
That deficit problem we keep hearing about is gone. When it comes to spending cuts, it's time to follow the advice a general offered when we were mired in Vietnam: Declare victory and get out. We had a deficit problem, once, although it was never as urgent or as...
by Richard Eskow | Jan 14, 2013 | Blog
People were outraged that AIG's board of directors considered suing its own rescuers last week. As a former AIG employee, I had a slightly different take on that story: The outrage was warranted (and Warren-ted), but there was somebody behind the scenes pulling the...
by Richard Eskow | Jan 14, 2013 | Blog
By all accounts Aaron Swartz was brilliant, gifted, idealistic ... and fragile. Too bad he wasn't "too big to fail." I never met Aaron, but I know a lot of people who knew him well. (We did "converse" as members of the same online discussion group.) I learned about...