by Zach Carter | May 12, 2010 | Blog, Financial Reform
There are two consumer protection amendments getting serious attention on the Senate floor this week, one of them positive, one of them incredibly destructive. Both revolve around the concept of "preemption"—the ability of federal regulators to block states from...
by Richard Eskow | May 12, 2010 | Blog
The trade association for payday lenders objected to what they called my "name calling" in their blog yesterday ... then called me a "pig."Why? Because I quoted Aristotle and told a story about Jesus. Well, to be fair, I did suggest their industry might be "evil"...
by Dave Johnson | May 12, 2010 | Blog, Economy
The commute between Baltimore and DC is the 4th-most congested route in the country. But a high-speed rail line would make this trip an 18-minute breeze (and also free up some of that congestion). They have been talking about building this rail line since 1994....
by Alex Lawson | May 12, 2010 | Blog
Last week I livestreamed the first closed door meeting of the president's fiscal commission. I did this out of frustration that we received no response to a letter that we sent from 81 organizations representing over 61 million Americans, asking that all the work of...
by Leo Gerard | May 11, 2010 | Blog
The governors of the Gulf Coast states, all Republicans, asked the federal government for help dealing with the BP oil spill -- yeah, the government, the very organization that their hero and mentor Ronald Reagan described as “the problem,” not the solution. “The...
by Robert Borosage | May 11, 2010 | Blog, Financial Reform
240 former legislators, bank committee staffers, and Treasury officials deployed to lobby. $600 million spent in lobbying, trade association activity and political contributions since March 2008. And that is just from the six biggest banks. The entire financial...