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...
by Dave Johnson | May 11, 2010 | Blog, Economy
People care about jobs. They still care about jobs. And politicians who don't care about jobs will lose their jobs, because that is what motivates voters. Polling at Pollingreport.com proves that people are much more concerned about jobs than deficits. (Note there are...
by Zach Carter | May 11, 2010 | Blog, Financial Reform
The Senate approved an amendment from Sen. Bernie Sanders, I-Vt., that would subject the Federal Reserve's bailout operations to a one-time audit. The vote was 96 - 0 in favor of the measure. A stronger audit, sponsored by Reps. Alan Grayson, D-Fla., and Ron Paul,...
by Sam Pizzigati | May 11, 2010 | Blog, Economy
In 2010 America, schools, students, and teachers share the budget-cutting pain. The heirs to our mega rich, meanwhile, don't have to share anything. For the first time in nearly a century, we have no federal estate tax. A moment of silence, please, for Dan Duncan. The...
by Bill Scher | May 11, 2010 | Blog
While it is doubtful that Supreme Court nominee Elena Kagan shares Chief Justice John Roberts' conservative judicial activist approach to the Constitution, their backgrounds upon nomination are similar. Both are accomplished lawyers who graduated from Harvard to serve...
by Dave Johnson | May 10, 2010 | Blog
This is about jobs and the world's economy. China's currency manipulation gives goods made in China a huge price advantage -- some estimate as much as 40%! -- over goods made in other countries. It is a part (only a part) of the reason so many of our companies move...
