by Richard Eskow | Jan 14, 2011 | Blog
In an open letter to the President this week, Sen. Bernie Sanders mentioned "worriesome reports" that the President is planning to cut Social Security. These reports don't come out of the blue. They're the culmination of a months-long campaign. The White House has...
by Robert Borosage | Jan 14, 2011 | Blog
Central to the Tea Party revolt was a fierce reaction against the bailout of the big banks. Will the Republican Congress now spit that sentiment in the eye and push through another bailout, this time by overturning centuries of property law and nationalizing what has...
by Mary Bottari | Jan 14, 2011 | Blog, Financial Reform
WikiLeaks founder Julian Assange is promising to unleash a cache of secret documents from the hard drive of a U.S. megabank executive. In 2009, he told Computer World that the bank was Bank of America (BofA). In 2010, he told Forbes that the information was...
by Dave Johnson | Jan 13, 2011 | Blog, Making it in America
Good news: Trade Deficit in U.S. Unexpectedly Narrows to 10-Month Low The U.S. trade deficit unexpectedly shrank in November as growing global demand and a weaker dollar help boost overseas sales of everything from aircraft to cotton. The gap shrank 0.3 percent to...
by Terrance Heath | Jan 13, 2011 | Blog
Everyone either wondered what the President would say, or knew what he should say at the memorial for the victims of the shooting in Tucson. Now we know what he did say. It may be the finest speech he's given as president, thus far. He spoke not merely as the...
by Richard Eskow | Jan 13, 2011 | Blog
It begins with a moment of silence. "Poetry is about the grief," said Robert Frost. "Politics is about the grievance." This is a time of grief, not grievance. This morning I assembled a litany of criticisms about what might have led up to yesterday's events, but I...
