by Zach Carter | Oct 12, 2010 | Blog, Financial Reform
If senior White House adviser David Axelrod’s comments this weekend are any indication, the Obama administration is woefully misreading the foreclosure fraud crisis currently gripping the U.S. economy. Axelrod refused to commit the administration to a national...
by Richard Eskow | Oct 12, 2010 | Blog, Financial Reform
Two seemingly unrelated stories from the past week illustrate a fundamental problem with today's financial system. While this problem may seem "philosophical" or abstract, it's very real, and we won't put our economy back on a sound footing until we get a handle on...
by Zach Carter | Oct 12, 2010 | Blog
There are plenty of reasons why the foreclosure fraud crisis sweeping the nation's housing market is an economic disaster. Banks are charging borrowers illegal fees, kicking the wrong people out of their homes and even hiring thugs to illegally break into houses. But...
by Bill Scher | Oct 12, 2010 | Blog
Discrediting corporate-funded right-wing smears remains the greatest challenge to advancing progressive change. Health Care For America Now's new campaign Stop Spewman starring Jack Black is off to a fantastic start. It's always important to do the tedious work of...
by Dave Johnson | Oct 11, 2010 | Blog
America used to have a top tax rate of around 90%. This meant that after a person earned a lot of money in a year, additional income beyond that amount was taxed at the higher rate. Back then government worked a lot better. We didn't have deficits, the schools and...
by Sam Pizzigati | Oct 10, 2010 | Blog, Economy
Over recent decades, recoveries from U.S. recessions have become steadily weaker and weaker. Over these same decades, executive pay has been steadily soaring. Could these two trends be somehow related? Shocking new economic realities don’t suddenly jump up onto...