by Dave Johnson | Apr 30, 2010 | Blog
Suddenly the word is all over the place that the Congress is not going to extend unemployment benefits further! It seems that the economy is booming (for Wall Street, top corporate executives, and Washington legislators) so it doesn't feel like there is a need to keep...
by Terrance Heath | Apr 29, 2010 | Blog
OK. Maybe just a Barnum world — P.T. Barnum, that is. This legendary promoter of famous hoaxes comes to mind once again as I watch the various congressional hearings related to the financial crisis, or read of the testimony from those hearings. Why? Because the most...
by Steven Capozzola | Apr 29, 2010 | Blog
Recently, the U.S. Treasury Department delayed publication of its semi-annual report on currency. The three-month rollback was intended to give China an opportunity to demonstrate progress on adjusting its undervalued currency, the Yuan. This grace period will likely...
by Dave Johnson | Apr 29, 2010 | Blog, Economy
When you think about building a new mass transit system, or funding (and cuts) top operate bus and rail lines you tend to think about the construction, manufacturing, operating and maintenance jobs created (or cut). That's a lot of jobs, but those jobs are almost...
by Zach Carter | Apr 29, 2010 | Blog, Financial Reform
Today is the big day: thousands of people will march on Wall Street this afternoon to protest big bank abuses. After watching Wall Street stack the economic deck against, well, just about everybody, it's time for reform. Big Banks secured the most generous bailout in...
by Richard Eskow | Apr 28, 2010 | Blog
What we've been witnessing in Washington isn't just political positioning by one party looking to deny the other a victory, although it's certainly that. We're also seeing the death struggle of a dying ideology. This ideology provided intellectual cover to business...