by Richard Eskow | Apr 27, 2011 | Blog
Regulatory agencies exist to protect the public, not the corporations they regulate. The head of the Office of Comptroller of the Currency doesn't seem to understand that. But that's not why John Walsh needs to resign. The OCC was created to stabilize the economy,...
by Richard Eskow | Apr 26, 2011 | Blog, Financial Reform
Only two budget proposals are being 'taken seriously' in Washington right now. One adopts the rhetoric of "austerity economics," that grab-bag of right-wing misconceptions that's weakened the British economy and wounded its ruling coalition. The other comes from the...
by Richard Eskow | Apr 22, 2011 | Blog
Suddenly Washington is filled with proposals for 'debt triggers,' policy devices that would force spending cuts if arbitrary targets aren't met in the future. Everybody's either got one or wants one: the President, the Republicans, the Gang of Six, and all the usual...
by Richard Eskow | Apr 21, 2011 | Blog
A new video was released today by the folks at Strengthen Social Security to highlight the absurdity of today’s political debate about "entitlement programs," and specifically to address proposals that would raise the retirement age. Social Security and Medicare have...
by Richard Eskow | Apr 21, 2011 | Blog
Historians of the future may one day write that the death of the New Deal began this year. If so, it goes without saying that corrupt forces like the Chamber of Commerce will be a big part of the story. So will billionaire ideologues like Pete Peterson, and greedy...