by Robert Borosage | Apr 10, 2008 | Blog
These are excerpts of remarks delivered April 9 at the Conference on a New New Deal in Washington, sponsored by the Franklin and Eleanor Roosevelt Institute. Let me offer a simple set of propositions. 1. Conservatism has failed—and conservatives, while they...
by Robert Borosage | Apr 9, 2008 | Blog
The economy is tanking. Gas is headed to $4 a gallon. One in ten homes are “under water,” worth less than their mortgages. The International Monetary Fund predicts up to $1 trillion in financial losses, meaning banks and securities firms that have written off abut...
by Robert Borosage | Mar 28, 2008 | Blog
By Rob Johnson and Robert Borosage The world has changed. The market fundamentalism that has dominated our economics over last three decades has been unmasked as a sham, deemed useless by the guardian of the integrity of finance itself, the Federal...
by Robert Borosage | Mar 26, 2008 | Blog
One in ten homes is “under water” – worth less than their mortgages. 2 million homeowners are headed to foreclosure. The shadow banking system verges on collapse. Banks across world are shaken. The world fears global recession. Fearful of a catastrophic unraveling,...
by Robert Borosage | Mar 25, 2008 | Blog
Our McCain ad struck a chord, eliciting both reason and vitriol. It strikes me that it is worth being clear what the ad says and doesn’t say. Other than the bad French accent, it isn’t anti-French, xenophobic or “racist.” It doesn’t accuse the French of taking jobs...
