by Terrance Heath | Feb 9, 2011 | Blog, Reagan Revolution
"Now that he is safely dead, let us praise him." poet Carl Wendell Hines wrote of Martin Luther King Jr., after his assassination. Ronald Reagan has been "safely dead" for just under seven years, but the economic impact of his policies remain with...
by Richard Eskow | Feb 9, 2011 | Blog, Financial Reform
Here's an idea: Let's give hundreds of billions of dollars in government-backed guarantees to private banks so they can make a fortune writing mortgages without any risk to themselves. Hey, what could go wrong? The FCIC's recent report illustrated an important lesson...
by Sam Pizzigati | Feb 8, 2011 | Blog
If our business leaders spoke Norwegian, President Obama wouldn't have to beg them to do the right thing. A new report offers a fascinating window into the Scandinavian business mind. President Obama has opened 2011 preaching a new gospel: competitiveness. To succeed...
by Robert Borosage | Feb 8, 2011 | Blog
President Obama's visit to the Chamber of Commerce always seemed bizarre. Reaching out to the U.S. Chamber isn't like reaching out to business. Under the guidance of Tom Donohue, the Chamber has become less a business association than a right-wing lobby operation that...
by Richard Eskow | Feb 8, 2011 | Blog, Financial Reform
Why don't the CEOs of AIG and JPMorgan Chase give a damn what you think? Because they don't have to. The Third Chamber of government, that unelected body of lobbyists and wealthy executives symbolized by the U.S. Chamber of Commerce, has insulated them from public...
by Dave Johnson | Feb 8, 2011 | Blog
President Obama is speaking today to the U.S. Chamber of Commerce. The press is reporting this as an effort to be "pro-business," to "patch up" relations with business, to "reach out" to business, to "court" business and to begin a "thaw" or "truce"with "business...
