by Richard Eskow | Mar 19, 2010 | Blog
Recently we wrote that Sen. Chris Dodd's draft financial reform bill would create a "cumbersome bureaucracy." That wasn't an endorsement of a conservative talking point: The operative word was "cumbersome." The Right likes to use the word "bureaucracy" as an epithet,...
by Richard Eskow | Mar 19, 2010 | Blog
Rep. Alan Grayson has written a letter calling for the release of all documents and materials contained on AIG's internal servers. His idea deserves support. US taxpayers rescued AIG and own a majority (79.9%) of its shares. Serious questions remain about the payment...
by Richard Eskow | Mar 18, 2010 | Blog
The CBO now says health reform will cut the Federal deficit by $138 billion That's a win for the bill's backers, and should make it tougher for self-described 'fiscal conservatives' in the Democratic Party to vote against this bill. (No, let's re-frame that as a...
by Richard Eskow | Mar 17, 2010 | Blog
When President Obama asked a group of senior executives for suggestions on streamlining government, it's unlikely that any of them suggested layers of new bureaucracy, vague marching orders, or management by committee. Yet Sen. Dodd's 'compromise' financial reform...
by Richard Eskow | Mar 16, 2010 | Blog
Eighteen former members of the Federal Reserve’s Consumer Advisory Council (CAC) strongly endorsed the idea of an independent Consumer Financial Protection Agency in a letter released last week . Draft legislation released yesterday by Sen. Chris Dodd would instead...
