by Dave Johnson | Jul 8, 2010 | Blog, Making it in America
In April Treasury Secretary Geithner sidestepped an official declaration that China is manipulating its currency by acknowledging that China "pegs" its currency and that this is harming the world-s economy, but put off a formal declaration of currency manipulation....
by Mary Bottari | Jul 8, 2010 | Blog, Financial Reform
You know that Wall Street reform bill pending in the Senate? Some last minute insertions add up to a surprisingly big win for the developing world. Oil Companies Required to Detail the Dough Paid to Foreign Governments First, kudos to Senators Dick Lugar (R-Indiana)...
by Eric Lotke | Jul 8, 2010 | Blog
The progressive movement that fueled Obama’s stunning 2008 election victory is out of work. Sure, lots of people are unemployed — but the demographic groups at the heart of the Obama coalition have been hit especially hard. That’s why it’s so bitter to watch Obama so...
by Richard Eskow | Jul 8, 2010 | Blog
Fareed Zakaria is an interesting writer who says some sensible things, as when he called the intensity of the war in Afghanistan "disproportionate" to the threat. But he also reflects the biases and distorted perceptions of a punditocratic subculture that continues to...
by Robert Borosage | Jul 7, 2010 | Blog, Economy, Making it in America
President Obama touted his National Export Initiative this week, boasting that in the first quarter of this year, exports were up 17% from a year ago. Increased exports abroad generate jobs at home. Given the failure of the Senate to pass badly needed jobs bills, the...
by Dave Johnson | Jul 7, 2010 | Blog
Tell us your own story in the comments, please! Here is a fact: There. Are. No. Jobs. Well, there are approx. 10 "official" job-seekers for each job that opens up. (Remember the underemployed figure, known as "U-6" is 21.7% in California 16.7% nationally.) You have to...
