by Isaiah J. Poole | Jul 14, 2010 | Blog
The U.S. Chamber of Commerce's "jobs summit" today is less a "jobs summit" and more an effort to further sabotage the Obama administration's efforts to reform the economy and make the economy work for working people. It is also a whine-fest, chock full of right-wing,...
by Zach Carter | Jul 14, 2010 | Blog, Financial Reform
Too-big-to-fail is a much bigger problem than you thought. We've all read damning accounts of the government saving banks from their risky subprime bets, but it turns out that the Wall Street privilege problem is far more deeply ingrained in the U.S. legal system than...
by Dave Johnson | Jul 14, 2010 | Blog, Minimum Wage
"Everyone knows Americans are lazy, shiftless, always looking for a way to shirk their responsibilities. People don't want to work so we have to make them work. And good dose of humiliation is good for the soul. If you let them have any dignity they might get uppity."...
by Isaiah J. Poole | Jul 13, 2010 | Blog
Less than two months ago, economist Nouriel Roubini, the "Dr. Doom" who foresaw the 2008 economic implosion, told our own Zach Carter in an interview for Alternet that the United States needed to focus on lowering its federal deficit, and "drugging the...
by Dave Johnson | Jul 13, 2010 | Blog
From the Citizens Trade Campaign Earlier this year, 130 members of Congress sent a letter to Treasury Secretary Tim Geithner urging him to designate China as a currency manipulator. This week, the Treasury Department once again refused. Today, July 13th, call your...
by Richard Eskow | Jul 13, 2010 | Blog
In a nation wracked with unemployment and recession, Wall Street firms are still paying billions of dollars in bonuses - and they're hiring, too. The Federal Reserve recently affirmed its right to regulate executive pay, but has yet to take action on it. It should....