by Roger Hickey | Dec 17, 2010 | Blog
Republican hostage-takers got President Obama to go along with their tax cuts for the wealthy by threatening to raise taxes on the middle class and blocking even modest stimulus funds for our struggling economy. Now the Republicans have identified their next hostage:...
by Robert Borosage | Dec 17, 2010 | Blog, Economy
From naked capitalism.com: "Given its degree of inequality, if New York City were a nation, it would rank 15th worst among 134 countries with respect to income concentration, in between Chile and Honduras. Wall Street, with its stratospheric profits and bonuses, sits...
by Robert Borosage | Dec 16, 2010 | Blog, Economy, Making it in America
The president kicked up his "corporate charm offensive," meeting for hours with 20 CEOs yesterday. Characteristically, he started with an apology for not "finding the right balance" in addressing business. "We want to be boosters," he said, because "when you do well,...
by Richard Eskow | Dec 16, 2010 | Blog
(This is the second in a two-part response to the attempted Republican sabotage of the Federal Crisis Inquiry Commission. Part One is here.) sabotage [ˈsæbəˌtɑːʒ] n. 1. the deliberate destruction, disruption, or damage of equipment, a public service, etc., as by enemy...
by Richard Eskow | Dec 16, 2010 | Blog, Financial Reform
A sleeper cell of four Republicans struck the Financial Crisis Inquiry Commission this week, escalating what had been previously been a campaign of covert obstruction into an overt act of sabotage. That act should be seen for what it is: A "denial of service attack"...
