by Robert Borosage | Oct 28, 2009 | Blog, Economy
We've got a new red scare. Forget Glenn Beck; the fear isn't that America is going red, it's that it is in the red. Conservatives in both parties are raising alarms about deficits and government spending. Well, get over it. If we are going to generate growth and...
by Robert Borosage | Oct 23, 2009 | Blog
Campaign for America's Future co-director Robert Borosage praised the House Financial Services Committee for taking steps to protect consumers from predatory financial practices by approving the creation of a new Consumer Financial Protection Agency, in an official...
by Robert Borosage | Oct 21, 2009 | Blog, Economy, Minimum Wage
They are popping the bubbly on Wall Street. Million-dollar bonuses, the Dow at 10,000, the casino is open again. Forget President Obama, who says we can't go back to an economy where finance pockets 40 percent of the profits. We're already headed there. The...
by Robert Borosage | Oct 14, 2009 | Blog
Even as the health insurance companies draw down on health care reform, another showdown is just beginning in Washington. On Wednesday, the House Financial Services Committee will begin marking up the first legislation to try to curb Wall Street's casino. And if you...
by Robert Borosage | Oct 13, 2009 | Blog
As the House Financial Services Committee begins markup on Wednesday of key financial reform legislation, the stakes are clear. Without strong regulation of the banks and the shadow banking system, large banks will feel free to gamble with the assumption that...