by Richard Eskow | Apr 23, 2010 | Blog
The Senate Budget Committee nearly voted to break up Wall Street's biggest banks. But four Democrats helped pro-Wall Street Republicans kill an amendment from Bernie Sanders that would "require the divestment of any financial institution the failure of which would...
by Bill Scher | Apr 23, 2010 | Blog
Today at the Virtual Summit on Fiscal and Economic Responsibility for People Who Did Not Wreck the Economy hosted by Campaign for America's Future... There Are No Greedy Geezers: Former members of the 1982 National Commission on Social Security Reform Eric Kingson,...
by Terrance Heath | Apr 23, 2010 | Blog
How, many people have asked since news broke about Bernie Madoff's $50 billion ponzi scheme, could regulators have let such a blatant criminal slip through their fingers? We know, now. The Securities and Exchange Commission is the sheriff of the financial industry,...
by Isaiah J. Poole | Apr 23, 2010 | Blog
Most discussions about addressing the country's budget deficit essentially leave out a $1.1 trillion slice of the federal government. That's the size of the federal government's "tax expenditures" in fiscal year 2009, based on calculations in a new Citizens for Tax...
by Zach Carter | Apr 23, 2010 | Blog, Financial Reform
Sarah Palin's broadside against the Obama administration's Wall Street reform proposal is an interesting study in, well, hackery. One the one hand, her latest Facebook post is a disingenuous smear, loaded with outright lies. On the other, she's kind of onto something,...
by Dave Johnson | Apr 22, 2010 | Blog
Conservatives just hate Europe. They think the US should be less like Europe. So following along with this there was a big headline over at the conservative website Drudge Report the other day: "Even Obama's New $100 bill looks European". Here's the thing. The...