by Richard Eskow | May 10, 2016 | Blog, Economy, Progressive Vision
A CSX freight train derailed in Washington, D.C. last week. The Washington Post reported that ethanol, which is colorless and highly flammable, was leaking out of one of the overturned cars in the accident’s immediate aftermath. The 14-car derailment also “spilled...
by Richard Eskow | Apr 26, 2016 | Blog, Financial Reform
Regulators recently rejected plans from five too-big-to-fail banks, saying they haven't found a way to go bankrupt without relying on taxpayers to bail them out. If they can't fix it, they're supposed to be broken up. So why are we suddenly debating the very concept...
by Richard Eskow | Apr 13, 2016 | Blog, Financial Reform
In April 2006, while Goldman was preparing an RMBS backed by Countrywide loans for securitization, a Goldman mortgage department manager circulated a “very bullish” equity research report that recommended the purchase of Countrywide stock. Goldman’s head of due...
by Richard Eskow | Mar 29, 2016 | Blog, Financial Reform
“I've said if the big banks don't play by the rules, I will break them up.” Hillary Clinton Our nation’s largest and most powerful banks have repeatedly engaged in widespread fraud, causing both individual suffering and a recession that millions of Americans are still...
by Richard Eskow | Mar 15, 2016 | Blog
[fve]https://youtu.be/zqiV0qjgXVg[/fve] We've been hearing a lot recently about a "New American Majority" of black and brown Democratic voters. Progressive whites, together with progressive people of color, reportedly make up 51 percent of all eligible voters today....
