by Richard Eskow | Mar 17, 2011 | Blog, Financial Reform
SoSome politicians are so determined to serve their corporate patrons that even disasters like Fukushima can't lessen their anti-government zeal. The expression for that kind of determination is "Come hell or high water." Now, thanks to deregulation and government...
by Dave Johnson | Mar 17, 2011 | Blog
The Calculated Risk blog takes a survey of all the bad news that could hit the economy, in Crisis Fatigue? Make a list, (click through for details, etc.) • Risks from the earthquake in Japan. • Higher oil prices and a possible supply shock. • U.S. Housing Crisis. •...
by Dave Johnson | Mar 17, 2011 | Blog
Earlier today I wrote that External Shock Happens, and "we should be shoring up our public structures, our infrastructure, our protections and empowerments. That is what government is and what it does, and we need it." I just came across a post, Black Swans, 100 Year...
by Dave Johnson | Mar 17, 2011 | Blog, Economy
You wouldn't know it from looking around you but this country has grown much richer over last 30 years. We have a vastly higher GDP, higher average income, much more wealth... But American workers haven’t shared in it. It is all captured by a few billionaires and...
by Bill Scher | Mar 17, 2011 | Blog
This week, an actual jobs idea garnered bipartisan support. Sens. John Kerry (D), Kay Bailey Hutchison (R) and Mark Warner (D) teamed up to introduce "The BUILD Act" which would create a $10 billion "infrastructure bank" to provide loans and loan guarantees for...
by Richard Eskow | Mar 17, 2011 | Blog
Steve Earle, who's hands-down one of the best songwriters of our time, has re-released two union-themed songs on iTunes to support the Madison protesters. “Harlan Man” and “The Mountain” are being issued as a special "2-track digital single" (I didn't know you could...