by Leo Gerard | Nov 16, 2010 | Blog, Reagan Revolution
The deficit commission report issued last week is another Saturday night special pressed to the temple of the American middle class. “Turn over your money and your benefits or your country will die,” the report screams at workers. “You want your country to go...
by Bill Scher | Nov 16, 2010 | Blog
Yesterday I observed that Republican congresspeople literally are not offering any substantive ideas to create jobs. Now, leading Republicans are coalescing around an substantive idea ... for the Federal Reserve to stop trying to create jobs. It is currently the law...
by Zach Carter | Nov 16, 2010 | Blog
Despite escalating outrage over rampant foreclosure fraud, the Federal Reserve now appears ready to eviscerate a key mortgage regulation in an effort to spare banks the losses from their own wrongdoing. Even as bank executives preposterously claim to have wronged...
by Richard Eskow | Nov 16, 2010 | Blog, Financial Reform
Only 6% of Americans think Congress should concentrate on reducing the deficit or changing the tax code, according to the latest CBS News poll. Nearly ten times as many people, 56%, want it to focus on creating jobs and fixing the economy. Guess which set of policies...
by Richard Eskow | Nov 15, 2010 | Blog, Minimum Wage
Former White House budget director Peter Orszag is taking a new approach in his quest to cut Social Security. He's playing progressive "good cop" to to the ultra-right bad cops of the White House deficit commission, Erskine Bowles and Alan Simpson. Now that Bowles and...
