by Bill Scher | Apr 26, 2010 | Blog
The following is part of the “Virtual Summit on Fiscal and Economic Responsibility for People Who Did Not Wreck The Economy." Before the White House deficit commission meets for the first time tomorrow, the two co-chairs Erskine Bowles and Alan Simpson gave a preview...
by Zach Carter | Apr 26, 2010 | Blog, Financial Reform
Last week, Larry Summers, the top economic adviser to President Barack Obama, gave a startlingly dishonest interview with PBS Newshour's Jeffrey Brown. When asked directly why the White House was not pushing to break up the nation's largest banking behemoths, Summers...
by Dave Johnson | Apr 26, 2010 | Blog
A return to Eisenhower-era 90% top tax rates helps fix our economy in several ways: 1) It makes it take longer to end up with a fortune. In fact it makes people build andearn a fortune, instead of shooting for quick windfalls. This forces long-term thinking and...
by Dave Johnson | Apr 25, 2010 | Blog
A return to Eisenhower-era 90% top tax rates helps fix our economy in several ways: 1) It makes it take longer to end up with a fortune. In fact it makes people build and earn a fortune, instead of shooting for quick windfalls. This forces long-term thinking and...
by Sam Pizzigati | Apr 25, 2010 | Blog
Some Americans get all bent out of shape when they hear someone label the United States a 'plutocracy.' But if we have an honest-to-goodness democracy, where the people really rule, then how can we explain Goldman Sachs? The outsized political role of Goldman Sachs,...
by Roger Hickey | Apr 24, 2010 | Blog
On Wednesday Wall Street multibillionaire Peter G. Peterson, who has pledged to spend a billion dollars to panic Americans about deficits in order to get them to slash Social Security and Medicare, is conducting a “Fiscal Summit” in Washington featuring many of the...
