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 -...
by Dave Johnson | Feb 3, 2011 | Blog, Economy
Earlier in Jobs Crisis In Real World ... Just Not In DC I wrote about the gap between DC/Wall Street thinking about the jobs crisis and reality in the rest of the country. Summary: Our government is not addressing out problems because it is captured by interests: Out...
by Bill Scher | Feb 3, 2011 | Blog
In case you weren't sure if the President was serious about investing in clean energy, yesterday, President Obama took time out of dealing with the crisis in Egypt to privately meet with the head of the Senate energy committee about drafting legislation to set a...