by Dave Johnson | Jun 21, 2010 | Blog
America needs an economic/industrial policy like other countries have. THAT is how we will pay off our debt -- by earning money. You may have read about the back-and-forth on Chinese currency this weekend. China said they would let their exchange rate adjust, and then...
by Richard Eskow | Jun 21, 2010 | Blog
"What do I have to do to get you into this car?" How much can you afford to pay every month?" " "My manager's in a good mood." These are the car salesman cliches everybody knows. Now they're trying to add a couple more to the repertoire: "When you take out a car loan...
by Dave Johnson | Jun 21, 2010 | Blog, Making it in America
China's central bank announced over the weekend that it will gradually loosen their currency from its tie to the dollar (but see note below). China said they will allow the currency to appreciate, saying that their economy is recovering. This appreciation will...
by Richard Eskow | Jun 20, 2010 | Blog
Did an interview this morning on Hannah-Beth Jackson's radio show, Progressive Talk Radio in Santa Barbara. The topic was the current state of financial reform in Washington. Click on the "download" link and it will start playing. (There's a burst...
by Sam Pizzigati | Jun 20, 2010 | Blog
Our economy would become the world’s most innovative, our elites have assured us over the past 30 years, if we gave our rich enough incentives to innovate. We kept to our end of the bargain. So where’s the innovation? The pollsters at Gallup have never asked Americans...
by Leo Gerard | Jun 18, 2010 | Blog
The sound that American wind turbines produce as their giant, breeze-propelled blades whip around is a distinctive: Neh-neh-neh-neh-neh-neh. The anticipation is that those energy-generating, whirling arms would create a whooshing sound. And maybe they do in some...
