by Eric Lotke | May 7, 2010 | Blog
The April unemployment figures are out, and America added 290,000 new jobs. It’s good news, but still unemployment edged up to 9.9 percent. The problem has many layers. First, the American population continues to grow. It takes 127,000 new jobs every month just to...
by Zach Carter | May 7, 2010 | Blog, Financial Reform
Late last night, the U.S. Senate rejected the single most important element of Wall Street reform by a vote of 33 to 61. The SAFE Banking Act would have forced the break-up of the nation's six largestbanks, and dramatically reduced the political clout of America's...
by Isaiah J. Poole | May 6, 2010 | Blog
The current drumbeat of commentary on the right that the Obama administration was too slow in responding to the BP oil spill disaster in the Gulf raises two obvious questions. One: Is it true? The answer is “no,” according to, among other things, a...
by Zach Carter | May 6, 2010 | Blog, Financial Reform
Word is circulating through Capitol Hill right now that Sen. Chris Dodd (D-CT) has agreed to back a comprehensive audit of the Federal Reserve, paving the way for the almost certain passage of the measure. This is a major victory for serious Wall Street reform, and...
by Dave Johnson | May 6, 2010 | Blog
There have so been many examples lately of the wealthy and the executive class having a sense that they are superior and entitled to fleece and feed off of the rest of us. Here is one more. BP CEO Tony Hayward on who will be responsible for paying oil spill damages,...
