by Richard Eskow | May 26, 2010 | Blog
The Campaign for America's Future (CAF), CREDO, and MoveOn have launched a petition campaign to ensure that the House/Senate deliberations on financial reform be "fully transparent." The good news? The government has the ability, the resources, and the talent to make...
by Zach Carter | May 26, 2010 | Blog, Financial Reform
It's been apparent for several weeks that the largest U.S. banking behemoths will remain as big and dangerous as they are today once President Barack Obama signs off on the Wall Street reform bill. But individual oversized banks are not the only problem Big Finance...
by Robert Borosage | May 26, 2010 | Blog
Congress is about to pass an additional $32 billion to pay for the war In Afghanistan. It will have overwhelming bipartisan support, with legislators eager to display their fealty to the troops in an election year. At the same time, the Congress is struggling with a...
by Dave Johnson | May 26, 2010 | Blog
Astroturf is the term for manufacturing an artificial appearance of grassroots concern about an issue. The idea is to pump a bunch of money into a PR campaign that makes it look like there is public support for something, to either make politicians think the public...
by Robert Borosage | May 26, 2010 | Blog
Ben Bernanke Thinks We Are Idiots Or that we have the attention span of a tadpole. Or he mistakenly read a speech written in 2006 when Alan Greenspan was still the Maestro. In a speech in Tokyo yesterday, Federal Reserve Chair Bernanke warned that central banks must...
by Dave Johnson | May 26, 2010 | Blog, Economy
Some say that "government can't create jobs." Others respond "unemployed people can't create votes." Meanwhile, conservatives, whose policies put so many people out of work, now say unemployed people are lazy and should not be collecting unemployment benefits....