by Robert Borosage | Jul 18, 2011 | Blog
Today President Barack Obama nominated Robert Cordray to head the Consumer Financial Protection Bureau. Robert Cordray has proven to be an effective defender of consumer rights. And Elizabeth Warren he is not, to the relief of congressional Republicans, the banking...
by Richard Eskow | Jul 18, 2011 | Blog
Elizabeth Warren's well-heeled opponents have behaved ... well, like heels. The Washington/Wall Street axis prevented her from becoming the first director of the Consumer Financial Protection Bureau, but they may regret it someday. Washington has lost the best person...
by Robert Borosage | Jul 18, 2011 | Blog
Conservatives argue that America has a spending problem, not a revenue problem. We earlier dispelled the myth that Americans – particularly wealthy Americans – pay too much in taxes. Now let’s look at the spending question. Part 5 in a series of...
by Dave Johnson | Jul 18, 2011 | Blog
In the UK the News-Of-The-World/News Corp/Murdoch scandal seems to be reawakening democracy. A big, powerful corporation has been found to be engaged in criminal activity, manipulating news, paying off police and politicians, and generally getting its way. The people,...
by Richard Eskow | Jul 17, 2011 | Blog
On most issues Lawrence O'Donnell is on the side of the angels. But O'Donnell, who held senior staff positions on Capitol Hill during the 1990's, is one of many Democrats and liberals who think the way to fix today's problems is by recycling yesterday's solutions -...
by Richard Eskow | Jul 16, 2011 | Blog
While hosting The Young Turks this week we covered the latest interrogation of Elizabeth Warren by House Republicans, who are determined to make sure that she -- and the bureau charged with protecting consumer from bank ripoffs - are discredited. The headline...