by Richard Eskow | Aug 18, 2011 | Blog
The stock market's plunging as of this writing, as the global economy reels from the destructive consequences of austerity economics. Yet in Washington, politicians are moving full speed ahead in their determination to impose a rigorous new program of... austerity...
by Richard Eskow | Aug 17, 2011 | Blog
Back in my corporate days I sat in a boardroom with one of the most powerful and fearsome CEOs in the country. He had called in the executives that designed his employee benefits program and asked them to propose changes to the corporation's retirement and health...
by Richard Eskow | Aug 16, 2011 | Blog
The old folks used to say money was "the root of all evil." Anyone watching our economy over the last few years might be tempted to say that "evil is the root of all money," or to paraphrase that old John Lennon lyric about God and say that "Money is a concept by...
by Richard Eskow | Aug 15, 2011 | Blog
An unelected and unrepresentative group they call the 'Super Committee' has been given extraordinary power over our own economic destiny. Think if it as a political Justice League of America, except that its mission is to rescue Treasury bonds, not people. Problem is,...
by Richard Eskow | Aug 12, 2011 | Blog
Mitt Romney got a lot of press for telling a heckler at the Iowa State Fair that "corporations are people." He did not go on to sing that Patti Smith song, People Have the Power. But corporate "people" certainly do. Their power was on display this week, both in...
