by Dave Johnson | Feb 6, 2011 | Blog
DEMOCRACYPLUTOCRACY We, the PeopleWealthy Few One Person One VoteOne Dollar One Vote GovernmentLimited Government MajoritySupermajority InformationPropaganda Taxes on the WealthyTax Cuts for the Wealthy BudgetsBudget Cuts Jobs programsBank Bailouts WelfareWarfare...
by Sam Pizzigati | Feb 6, 2011 | Blog
Wall Streeters made fortunes, the new official report on America's 2008 economic meltdown charges, defrauding the American public. They're still making fortunes — and this new official report is already sinking out of sight. A quarter-century ago, in 1986, the biggest...
by Dave Johnson | Feb 4, 2011 | Blog, Economy, Making it in America
Today's monthly jobs report was odd. There were few new jobs, but the unemplopyment rate dropped again as even more people gave up looking for work. This month they blame the weather for the lack of government action on job-creation or helping state and local...
by Richard Eskow | Feb 4, 2011 | Blog, Financial Reform
Federal Reserve Chairman Ben Bernanke held a press conference today, and my friend Pete is holding a Super Bowl party this Sunday. This is the second year in a row that the Big Game will feature two pre-expansion teams, franchises with names that would've been...
by Robert Borosage | Feb 4, 2011 | Blog
Clear and compelling: The Big Bank Catastrophe. Worth Reading And a brutal critique by Tom Adams and Yves Smith: The fraud was even worse than the Commission suggests. My own sense: There was massive and widespread fraud at all levels as the frenzy of the casino grew....
by Richard Eskow | Feb 3, 2011 | Blog
Here's a clip of our appearance on the Russia Today network to discuss the economies of Egypt and the United States. It felt very important, while pointing out the possibly surprising similarities, to also point out their greater hardships and dangers -...