by Robert Borosage | Mar 11, 2010 | Blog
It is, as Presidente Obama stated, a "no brainer." Cut the $90 billion in subsides that go to banks to make risk free student loans that are GUARANTEED BY THE GOVERNMENT, go to direct lending, and use the money saved to incrase Pell grants and tuition tax credts for...
by Robert Borosage | Mar 11, 2010 | Blog
Senator Sherrod Brown, head of the subcommittee in charge of overseeing the Federal Reserve, has written President Obama urging him to use the THREE vacancies on the Federal Reserve Board of Governors to make the Fed more accountable. Letter and Huff Post report...
by Robert Borosage | Mar 10, 2010 | Blog
Financial reform, as it is called, shouldn't be all that complicated. Break up the banks deemed "too big to fail," since that offends any possibility of market discipline and puts taxpayers on the hook for future bailouts. Crack down on gambling with other peoples'...
by Robert Borosage | Mar 3, 2010 | Blog, Economy
Vice President Joe Biden defended the administration in a speech to America's labor leaders, gathered at the AFL-CIO Executive Council meetings in Orlando, Florida this week. Mentioning individual union presidents by name -- including some not in the room --he...
by Robert Borosage | Feb 24, 2010 | Blog, Economy
"Yesterday, we took a step, a strong first step toward putting Americans back to work, but ... it's a first step. This is the beginning, not the end," Senate Majority Leaded Harry Reid said, hailing the pending passage of a $15 billion jobs bill, as five...
