by Bill Scher | Feb 2, 2011 | Blog
After President Obama declined to embrace any specific recommendation from the Simpson-Bowles proposal that originated in his deficit commission, you might have thought that the plan would be buried for good, But key senators won't let it die the death the public...
by Mary Bottari | Feb 2, 2011 | Blog
Rumor has it that the 50 state attorney general investigation into the Fraudclosure scandal is wrapping up. It's time for a backbone check. Will the state attorneys general just ask the big banks and service providers to turn over a chunk of change from seemingly...
by Robert Borosage | Feb 2, 2011 | Blog
Steve Forbes, former presidential candidate, and editor in chief of Forbes Magazine argues from this "Greece/Ireland-like crisis battering local U.S. governments" that "a lot of good may come." He lists the opportunities that misery creates for conservatives. It's an...
by Robert Borosage | Feb 2, 2011 | Blog
"A third group of companies simply seems to have become expert at avoiding taxes. When the three accounting professors analyzed more than 2,000 companies, they found big variations in tax rates within almost every subset of companies. Companies in the same industry...
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...
