by Terrance Heath | Sep 2, 2010 | Blog
Read the rest of the series here. In the previous post in this series, I wrote: To progressives, it seems a given that of course we must do something to alleviate the suffering that the financial collapse and economic downturn have the inflicted on millions of...
by Richard Eskow | Sep 1, 2010 | Blog
A hedge fund manager's "investor letter" - really more of a staged, theatrical tantrum - has been getting a lot of attention lately. Daniel S. Loeb's diatribe demonstrates that banker greed is still out of control, and that it's as short-sighted and destructive as...
by Leo Gerard | Sep 1, 2010 | Blog
At the turn of the 20th Century, smoke meant jobs. When noxious fumes spewed from factory stacks, workers brought home paychecks. Industries hired. The future was bright as molten iron flowing from a blast furnace. In industrial Pittsburgh’s heyday, the smoke was so...
by Richard Eskow | Sep 1, 2010 | Blog
Sam Seder and I guest-hosted The Young Turks yesterday and spent our last few on-air minutes talking about Social Security and the Deficit Commission. We were discussing the fact that Simpson's personally objectionable behavior is only one aspect of the problem. There...
by Isaiah J. Poole | Sep 1, 2010 | Blog, Economy
We now have hard evidence of what we have been seeing on an anecdotal basis as the anemic economic "recovery" continues to muddle forward: The workers who lost their jobs in the Great Recession are entering a job market in which the new jobs being created are at...
by Steven Capozzola | Sep 1, 2010 | Blog, Making it in America
Nearly one year ago, President Obama invoked a trade law known as “421” for the first and only time in the decade the law has been in effect and imposed tariffs on some automobile tire imports from China, which have been surging into the United States from 2004 to...