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Unemployment, Corporations and a "Responsible Federal Budget"

Yesterday the “Committee for a Responsible Federal Budget” issued a statement chiding the Senate for a bill which opened the door to extending unemployment insurance, because the bill didn’t require that any extension be offset elsewhere in the budget. Which raises an...

Renewing The War on Poverty Is Our Challenge Now

“Overcoming poverty is not a task of charity,” said Nelson Mandela, “it is an act of justice.” When the War on Poverty began a half-century ago, it was widely seen as the moral obligation of a wealthy nation. President Lyndon Johnson declared war on poverty in his...

Now We Know. JPMorgan Chase is Worse Than Enron.

It’s beginning to look as if JPMorgan Chase has had a hand in every major banking scandal of the last decade. In fact, it's the Zelig of Wall Street crime. Take a snapshot of any major bank fraud and chances are you’ll see JPMorgan Chase staring out at you from the...

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