by Richard Eskow | Feb 2, 2011 | Blog, Financial Reform
The collapse of Afghanistan's largest bank will seem familiar to Americans, and so will the upcoming reports of its bailout. We've heard the story before: Unheeded warnings. Lax (or nonexistent) law enforcement. An American auditor who said nothing as the books...
by Dave Johnson | Feb 1, 2011 | Blog
Here is a letter in a recent "Mr. Roadshow" column in the San Jose Mercury News. The letter illustrates the problems in plutocratic/libertarian thinking vs democracy. (Note: Caltrain is the commuter-rail line serving towns between San Francisco and San Jose.) Your...
by Bill Scher | Feb 1, 2011 | Blog, Minimum Wage
Conservative lawmakers in South Dakota think they've found a brilliant way to provide that the provision in the health reform law requiring most everyone to obtain insurance is unconstitutional. The Argus-Leader reports: Five South Dakota lawmakers have introduced...
by Robert Borosage | Feb 1, 2011 | Blog, Reagan Revolution, Rick Perlstein
The celebration of Ronald Reagan's 100th birthday doesn't come until early March, but the devotions have been going on for years. For conservatives, Reagan is the lodestar, the genial demigod to whom all must avow fealty. In a Time cover story, Michael Scherer and...
by Dave Johnson | Feb 1, 2011 | Blog, Making it in America
I want to bring attention to a post today,Balance Trade—Make Jobs, by Bill Parks. In the post Parks writes about the harm being caused by our trade imbalances: The U.S. trade deficit—like an infected appendix—not only won’t get better on its own, it will get worse....
