by Robert Borosage | Jul 27, 2015 | Blog, Financial Reform
Last week, Hillary Clinton opened an important “conversation” about what she calls “quarterly capitalism” or excessive “short-termism.” She noted how the rules have been rigged to pressure executives to focus on the next quarter’s stock return rather than the...
by Robert Borosage | Jul 23, 2015 | Blog, Jobs and Growth
Chanting “$15.00 and a union,” thousands federal contract workers walked off their jobs yesterday, led by the Capitol’s cafeteria workers who serve senators their food. They were joined by Senator Bernie Sanders, now running for president, and members of the...
by Robert Borosage | Jul 21, 2015 | Blog, Financial Reform
Today marks the fifth anniversary of Dodd-Frank, the complicated legislation designed to reform Wall Street after the financial crisis. Five years later, the debate still rages. Republicans denounce the reforms as a failure: “the big banks are bigger, the small banks...
by Robert Borosage | Jul 14, 2015 | Blog, Progressive Vision
Campaign aides billed Hillary Clinton’s economic address as a demonstration of her populist commitments. And as she trudged through her text, she assiduously touched virtually every base in the progressive economic agenda. Invest in infrastructure, check. Raise the...
by Robert Borosage | Jul 7, 2015 | Blog, Economy, Greek Crisis
Prime Minister Alexis Tsipras will present a new Greek proposal to the Europeans today, but there are few reasons for hope. The European Central Bank announced yesterday that it would not provide increased liquidity to Greek banks, insuring that they will remain...