by Robert Borosage | Mar 7, 2013 | Too Big To Jail
For years, the Obama Administration has been pummeled for failing to bring criminal charges against a single major Wall Street bank or a single leading Wall Street banker for what the FBI termed an “epidemic of fraud” that blew up the entire economy. Investigations...
by Robert Borosage | Mar 5, 2013 | Economy, Minimum Wage
Today, Senator Tom Harkin and Representative George Miller offer a ray of light amid the austerity blight in Washington. They are announcing introduction of a bill – the Fair Minimum Wage Act of 2013 – to raise the minimum wage gradually to $10.10 and index it so it...
by Robert Borosage | Mar 1, 2013 | Economy, Minimum Wage, The Sequester
Someone asked the Master about the principles of … traveling into the vast inane. – From the Bao Pu Zi, AD 320, Joseph Needham, Science and Civilization in China Welcome to the vast inane. Today the “sequester” – mindless, across the board cuts of military and...
by Robert Borosage | Feb 22, 2013 | The Sequester
The best way to reduce the deficit is to put people back to work. For proof, compare the U.S. and Spain. The U.S. has witnessed slow growth since coming out of the Great Recession in 2009. The result has been a deficit that has come down from over 10 percent of...
by Robert Borosage | Feb 21, 2013 | The Sequester
The "sequester" – mindless, across-the-board spending cuts designed purposefully to be abhorrent to both political parties – now seems likely to go into effect on March 1. If not reversed, we will see the degrading of all government services from food inspection to...
