by Dave Johnson | Aug 5, 2010 | Blog
Social Security and Medicare Boards of Trustees today released their report on the Status of the Social Security and Medicare Programs. Here is what it says: Social Security Just Fine Until At Least 2037 The summary of the report says, "The financial outlook for...
by Zach Carter | Aug 5, 2010 | Blog
Financial giants have figured out yet another way to profit from fraud. After devastating communities across the country with shady subprime loans, the mortgage industry has launched a new assault on America's neighborhoods. Big banks are now outsourcing their...
by Robert Borosage | Aug 5, 2010 | Blog
Where are the prosecutions of bank officers for defrauding investors or the government? This isn't an academic question or an eruption of pitchfork populism. Personal accountability is vital in board rooms. We know regulation doesn't work very well. Regulators get...
by Tula Connell | Aug 4, 2010 | Blog
AFL-CIO Now blogger Mike Hall lets President Obama tell it like it is. After President Obama finished delivering his speech to the AFL-CIO Executive Council this morning, AFL-CIO President Richard Trumka had this question for the president. We're going into a...
by Isaiah J. Poole | Aug 4, 2010 | Blog
The Social Security trustees are expected to release an annual report on the health of the Social Security system on Thursday, and it's almost certain that the report will be accompanied by a tsunami of stories and commentary about how Social Security is bankrupting...
by Bill Scher | Aug 4, 2010 | Blog
In an article for The Daily Beast, economist James K. Galbraith makes the case against cutting Social Security and for expanding it, leveraging the fiscally sound retirement insurance program to help alleviate the jobs crisis: Cutting Social Security would simply...