by Sam Pizzigati | Dec 12, 2010 | Blog
The tax cut pact the Obama administration announced last week has angered a good many Americans. But the pact's lavish generosity toward America's rich should not have given anyone a surprise. Most of the chatter on the tax cut deal the White House has bargained out...
by Dave Johnson | Dec 11, 2010 | Blog
Yesterday I wrote that the President may have sacrificed his long-term vision on trade and economic/industrial policy to day-to-day concerns and politics. The tax-cut deal is another indicator that a big-picture vision has been sacrificed. But however much smoke gets...
by Richard Eskow | Dec 10, 2010 | Blog, Financial Reform
Here's something the administration may want to take to heart: Trust is a lot like money. If you spend more than you earn, it could be gone when you need it the most. Consider the Attorney General's highly-touted announcement of a "crackdown" on financial fraud....
by Dave Johnson | Dec 10, 2010 | Blog
The "Tea Party" will face many tests when the new Congress convenes next year. Everyone is asking, how long will it take before the Tea Party officeholders are co-opted by the big money insiders? "Free Trade" is one of those tests. Tea Party members absolutely despise...
by Isaiah J. Poole | Dec 10, 2010 | Blog
Rep. Jan Schakowsky, D-Ill., says that as of this morning she had not been shown the latest proposal of the White House deficit commission, even as she says it is being "shopped around" by its co-chairs in an effort to get the support of a simple majority of its 18...
by Mary Bottari | Dec 10, 2010 | Blog
Last week, the Federal Reserve was finally forced by law to release some (not all) of the details of its back-door bailout of the global financial system. The Fed data focuses on the emergency lending programs initiated in 2007/2008, but it also includes data for the...
