by Zach Carter | Sep 15, 2010 | Blog
It's been two days, and the new Basel III bank regulations are still lousy. Martin Wolf slams the international banking accord here and Yves Smith agrees here, although Felix Salmon notes some improvements over the current banking regime here and Tim Fernholz offers a...
by Dave Johnson | Sep 15, 2010 | Blog
Update - please see RJ Eskow's post, As The Aging Stoop To Their Labors, Prosperous Pundits Lecture Them About Sacrifice Washington is talking about cutting Social Security for working people at the very same time it is talking about extending tax breaks for the...
by Sam Pizzigati | Sep 15, 2010 | Blog
Another billionaire has bit the dust here in 2010, and another grand fortune, thanks to this year's absence of an estate tax, is passing on tax-free to extremely fortunate heirs. But a new resource may help overcome the lies and half-truths that have the estate tax...
by | Sep 15, 2010 | Blog, Making it in America
Congress may be poised to pass legislation to penalize China unless its government plays by agreed-upon rules of international trade and stops manipulating its exchange rate. This currency manipulation, which makes U.S. exports more expensive as they head to China and...
by Dave Johnson | Sep 15, 2010 | Blog, China Currency Showdown
Since China joined the World Trade Organization (WTO) our country's balance of trade has gotten worse and worse and we have lost jobs and jobs (and money and money). Between 2001 and 2008 we lost 2.4 million jobs just to China. Normally a situation like this balances...
by Richard Eskow | Sep 15, 2010 | Blog
The aging American workforce has been vilified a lot lately, in much the same way the poor were in previous decades. Politicians who once might have spread myths about "welfare queens" are now describing retired people as "greedy geezers." Not to be outdone, well-paid...