by Richard Eskow | Jun 4, 2012 | Blog
Once again a Democrat's letting the Right set the terms of the debate. This time it's House Minority Leader Nancy Pelosi, who's undercutting her party's tax policy in an odd way: by redefining "middle class" so that it includes people making a million dollars a year....
by Richard Eskow | May 30, 2012 | Blog
On a recent Meet the Press face-off between Democrats and Republicans, a politician claimed we urgently need to cut government spending. He embraced a plan to slash vital government programs and gut retirement security, while actually cutting taxes for the rich. The...
by Richard Eskow | May 29, 2012 | Blog
There's a lot we don't know about the deal between Sen. Mike Lee, Tea Party Republican of Utah, and America's largest bank. But we already know something's very, very wrong: Why is it that most Americans can't get a principal reduction from Chase or any other bank,...
by Richard Eskow | May 25, 2012 | Blog
More and more people are calling for Jamie Dimon, CEO of JPMorgan Chase, to resign from the Board of the New York Federal Reserve. His latest scandal, combined with Dimon's hypocrisy and relentless self-promotion, make him an obvious target. But Dimon isn't alone....
by Richard Eskow | May 23, 2012 | Blog
Three of Wall Street biggest and best-known financial institutions handled the Facebook IPO, so why were people immediately suspicious when the stock soared and then promptly tanked? Easy answer: Because three of Wall Street biggest and best-known financial...