by Richard Eskow | Apr 22, 2010 | Blog
If you've ever wondered what the phrase "the sound of silence" means, you should've been listening when the President invited "the titans of industry" to join him in promoting financial reform this morning. The President's speech walked a fine line between vision and...
by Zach Carter | Apr 22, 2010 | Blog
President Barack Obama identified five major problems on Wall Street in his speech at Cooper Union today. Unfortunately, the solutions he has proposed to these problems either will not work, or are not included in the legislation that passed the Senate Banking...
by Terrance Heath | Apr 22, 2010 | Blog
It's come to this. Conservative thought has degenerated to the "Crazy Chicken Lady" school of reform. I kid you not. Meet Nevada's GOP candidate, Sue Lowden — a/k/a "The Crazy Chicken Lady." This is at least a few days old by now, but that she's actually...
by Eric Lotke | Apr 22, 2010 | Blog, Making it in America
Today the Senate Banking Committee is holding a hearing to examine “the impact of China’s exchange rate practices on U.S. manufacturing” Many experts will testify. I offer some pictures that might help. 1. Is China manipulating its currency? Yes: Source: Yuan. Broad...
by Zach Carter | Apr 22, 2010 | Blog
Despite strong rhetoric against aggressive Wall Street lobbying and deceptive Republican attacks, President Barack Obama appears ready to declare victory on a tepid and ineffective financial reform bill. The aims Obama outlined in his April 22 Cooper Union speech are...