by Leo Gerard | Mar 12, 2013 | Too Big To Jail
The U.S. Attorney last week confirmed Americans’ fears about Wall Street. The banks, Eric Holder said, were not just too big to fail, they were also too big to jail. That means bankers operate beyond the pale, outside the historical fence line encircling civil...
by Robert Borosage | Mar 11, 2013 | Too Big To Jail
On Tuesday, March 12, the Senate Banking Committee will begin review of the nomination of Mary Jo White to be chair of the Securities and Exchange Committee. The Committee should probe deeply on whether she will be a watchdog or a lap dog for Wall Street. One clear...
by Isaiah J. Poole | Mar 8, 2013 | Economy, The Sequester
One of the consequences of the federal spending sequester now in place is that $4 billion is being cut this year from transportation and infrastructure programs, according to House Transportation and Infrastructure Committee ranking member Rep. Nick Rahall, D-W.Va.,...
by Terrance Heath | Mar 8, 2013 | The Sequester
It was only a matter of time. As the debate over the sequester's damaging, "just plain dumb," across-the-board cuts ramped up, I just knew someone on the right would attempt to draw the analogy between government spending and addiction. "Addiction specialist" and "Fox...
by Richard Eskow | Mar 8, 2013 | Chained CPI, The Sequester
The spectacle of a supposedly liberal President repeatedly and needlessly trying to cut Social Security is enough to bring a reasonable, economically literate person to the point of existential despair. To see leading liberal lights like Rachel Maddow and Ezra Klein...
by Jeff Bryant | Mar 7, 2013 | Economy, Education, The Sequester
A current debate raging among policy makers is whether America's dysfunctional education system has created our sick economy – or whether the country's sick economy has created widespread poverty with disadvantages that our education system can't possibly overcome. In...
