by Dave Johnson | Jul 31, 2010 | Blog
Social Security is once again under attack. Time after time Social Security has come under attack. Do you remember the Bush "privatization" campaign a few years ago? Each time the attack uses a different myth, repeated over and over. Then, in between attacks, the...
by Zach Carter | Jul 30, 2010 | Blog
What is the penalty for bankers who tell $40 billion lies? Somewhere between nothing and a rounding-error on your bonus. The SEC just hit two Citigroup executives with fines for concealing $40 billion in subprime mortgage debt from investors back in 2007. The biggest...
by Robert Borosage | Jul 30, 2010 | Blog
On the 45th anniversary of the passage of Medicare, the blog corrente offers this charming story about LBJ talking with his press secretary, Bill Moyers, about why he's for Social Security and Medicare. A good lesson at a time when politicians are talking about the...
by Dave Johnson | Jul 30, 2010 | Blog
Our current economic model depends on ever-increasing consumption. This model worked during the early industrial revolution worked because it filled existing needs: Farmers depending on horses needed tractors. Kitchens needed gas stoves and refrigerators, etc....
by Richard Eskow | Jul 30, 2010 | Blog
Mort Zuckerman's recent opinion piece in the Financial Times, "Obama needs to stop baiting business," is a tawdry, sorry spectacle. Paul Krugman's already explained how Zuckerman, the publisher of US News & World Report and the New York Daily News, distorted the...
by Sara Robinson | Jul 29, 2010 | Blog
The beat goes on. In the nearly two weeks since I wrote Part I of this series, an armed gunman was arrested en route to assaulting an obscure progressive foundation in San Francisco -- one that's often been at the center of Glenn Beck's blackboard (which has become...