by Zach Carter | Sep 13, 2010 | Blog
International bank regulators have finally agreed to a new set of rules to rein in financial excess, and the reviews thus far are cautiously positive. But the new capital requirements announced today by the Basel III accord are not actually as sturdy as they seem. By...
by Richard Eskow | Sep 13, 2010 | Blog
Last November, when the Tea Party Express was just building up a head of steam, it seemed worthwhile to stop for a minute and listen to a country song. Why? For one thing it's a really good song, and it had a great hook. "Here in the real world," it says, away from...
by Dave Johnson | Sep 13, 2010 | Blog, Making it in America
Charlie Brown (us) has again run up to kick the football. Lucy (China) has again pulled the football away at the last minute. The result? The trade gap continues to grow and tis eats away at our jobs and our GDP: "...the worsening trade deficit cut the Q2 GDP growth...
by Zach Carter | Sep 12, 2010 | Blog
The Washington Post has published a very silly op-ed by Chrystia Freeland accusing President Barack Obama of unfairly "demonizing" Wall Street. Freeland wants to see Obama tone down his rhetoric and play nice with executives in pursuit of a harmonious economic...
by Sam Pizzigati | Sep 12, 2010 | Blog
The tax dollars we spend on higher ed ought to have one purpose and one purpose alone: to educate students. So why do we let these dollars mint mega millionaires? Most students who attend college today are getting an education. But more and more are not getting the...
by Mary Bottari | Sep 11, 2010 | Blog, Economy
Sometimes job cuts have a way of sneaking up on you -- a few teachers here, a police officer there and another fire department that is not open when you need them. But as every EMT knows, a thousand small cuts can still kill the patient. One group is pushing back...