by Richard Eskow | Mar 11, 2011 | Blog, Financial Reform
Today we saw state troopers in Madison tearing peaceful protesters out of their own capitol after the Senate voted to deprive them of their rights. Video footage of that event should come with a label: Brought to you by the State of Wisconsin, a wholly owned...
by Richard Eskow | Mar 9, 2011 | Blog
The phrase "Moment of Truth" first appeared in English in Ernest Hemingway's Death in the Afternoon. It was originally a Spanish expression for for the final sword-thrust in a bull-fight, the one that finishes off the bull after the matador is done taunting and...
by Richard Eskow | Mar 8, 2011 | Blog
"Clueless." "Stupid." "Middle-class welfare." Sometimes a guy who likes facts and figures gets slapped in the face by reality, and apparently today's my day. Several recent stories showed me how some of these "austerity economics" advocates in Washington really feel...
by Richard Eskow | Mar 4, 2011 | Blog, Financial Reform
Let's begin with a multiple choice test. The United States of America is: a) a for-profit corporation; b) a family, like the typical American family in a 1960's sitcom; c) a nation -- with a national economy and nation-sized problems. If you answered "c," there's good...
by Richard Eskow | Mar 3, 2011 | Blog, Financial Reform
Bankers began whining as soon as word of a proposed mortgage fraud settlement fraud case hit the street, even though it was a pretty sweet deal for them. From the Wall Street Journal: "Banks Bristle at Mortgage-Loan Plan." Even the lightest, most symbolic of penalties...