by Zach Carter | May 18, 2010 | Blog, Financial Reform
Some version of Wall Street reform is going to pass the Senate this week. The question now is how strong that reform will be. There are still three crucial battles to be waged, all of which would significantly change the way Wall Street does business. We will not fix...
by Richard Eskow | May 17, 2010 | Blog
Anyone who's ever seen a Terminator movie knows that civilization ended when a computer system called "Skynet" came alive and tried to terminate the human race by starting a nuclear apocalypse. After last week's "flash crash" on Wall Street, they might have wondered...
by Eric Lotke | May 17, 2010 | Blog
Today’s news is the Supreme Court decision that juveniles cannot be confined in prison without the possibility of parole for offenses committed while juveniles (in this case, a very clumsy store robbery by a 16 year old with a crowbar). Yesterd ay’s news was the...
by Terrance Heath | May 17, 2010 | Blog
It's a wet, rainy day in Washington D.C. Enough to soak anyone who stands outside long enough. But it wasn't enough to put out the fiery anger of hundreds of activists who took to the streets of the capitol today, to deliver a message to Wall Street's K Street...
by Dave Johnson | May 17, 2010 | Blog
For Billionaire Mort Zuckerman it’s those damn unions that are the problem. For so many of the rest of us the problem is that we don't have a union. Zuckerman has been with us on lots of things, like what he wrote about the stimulus, “The fiscal program was a...
by Sam Pizzigati | May 16, 2010 | Blog
Friends of the financially fortunate are trying to turn reality upside-down — and save our undertaxed rich mega billions in the process. But two new sets of data can help us set the record straight. Taxes on the wealthy in the United States run low. Many wealthy...