by Richard Eskow | Oct 6, 2010 | Blog
Federal Reserve chair Ben Bernanke took another swing at Social Security and Medicare today, saying yet again that they'll need to be cut to protect our nation's financial health. Based on his record, any roadmap Bernanke lays out for the future is worth following ......
by Richard Eskow | Oct 5, 2010 | Blog, Financial Reform
Remember 2003, when so many Americans hated France for refusing to participate in the Iraq invasion? The airwaves were filled with insults about "effete" and "cowardly" Frenchmen, the phrase "cheese eating surrender monkeys" was on lips across the nation, and rich...
by Richard Eskow | Oct 1, 2010 | Blog, Financial Reform
All the major banking institutions say the right things about race and equality. They all have diversity programs. A few financial industry leaders, like Robert Rubin and Jamie Dimon, even support socially liberal causes. Yet the banking industry covertly uses payday...
by Richard Eskow | Sep 30, 2010 | Blog
Get this: Republicans on the Deficit Commission aren't just refusing to consider any tax increases. Now they're proposing tax decreases designed to help the rich, while taking benefits from everyone else. Dealing with people like that is like negotiating with somebody...
by Richard Eskow | Sep 28, 2010 | Blog, Financial Reform
What happened to Moody's is what happens to every "agent" who thinks he can serve two masters. The sad thing is that it keeps happening, even though we've seen this movie before. Credit rating agencies are supposed to monitor debt that's issued by financial...
