by Dave Johnson | Aug 1, 2011 | Blog
The country has been held at gunpoint: a faction of the Congress, in service to a wealthy elite, were able to get away with threatening us, saying "give us everything we want or we will kill your economy." The other side, inured now to one-dollar-one-vote "market"...
by Richard Eskow | Aug 1, 2011 | Blog
Today we're watching the end of a brief manufactured crisis - and the beginning of a long national nightmare. The "debt ceiling" deal has been crafted so that "centrist" (i.e., right-wing) Democrats and Republicans can finally implement the draconian measures they...
by Richard Eskow | Aug 1, 2011 | Blog
How is this deal likely to affect your household? If you're in the top 1% of earners, there's no need to read any further because it probably won't affect you personally. Here are five ways it's likely to affect the rest of us: 1. You'll be less likely to find a job...
by Robert Borosage | Aug 1, 2011 | Blog, Economy
The raw deal on the budget ceiling has been cut. The Tea Party terrorists – the extremist faction willing to hold the economy hostage to get their way – have won. The Republic, common sense and decency have been trampled. With the economy deeply depressed, 25 million...
by Sam Pizzigati | Jul 31, 2011 | Blog
At times of national fiscal crisis, President Franklin Roosevelt ever so firmly believed, you don't give the awesomely affluent a free pass. You pound them — and then you pound them some more. Against a Congress where zealously rich people-friendly conservatives hold...