by Dave Johnson | May 13, 2010 | Blog
What's the old saying about hose who cannot learn from history? Well, here we go again. In the news: Oil, Chinese imports boost U.S. trade deficit, Growing imports of oil and Chinese goods pushed the U.S. trade deficit to its highest level in 15 months in March. The...
by Zach Carter | May 13, 2010 | Blog, Financial Reform
The top Republican fundraiser in the Senate, John Cornyn of Texas, just gave a preposterous speech on Wall Street reform in which he pushed the plan recently promoted recently by disgraced J.P. Morgan Economist James Glassman. Cornyn is opposing the use of a...
by Leo Gerard | May 13, 2010 | Blog
Corporate CEOs, union-busting lawyers, and conservative politicians who pander to the rich condemned a National Mediation Board (NMB) Ruling this week. They complained that the NMB gave railway and airline workers the ability to obtain collective bargaining rights...
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....