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...
by Mary Bottari | Apr 22, 2010 | Blog
The financial services reform bill will be debated in the Senate next week. The great test for the bill will be what it does to rein in Goldman Sachs, the Wall Street institution famously described by Rolling Stone journalist Matt Taibbi as “a vampire squid jamming...
by Bill Scher | Apr 21, 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... Can We See The Debt Commission?: Rep. John Conyers demands that the President's newly formed debt commission hold...
by Richard Eskow | Apr 21, 2010 | Blog
Tomorrow President Obama will return to Cooper Union in New York, where he gave a speech on financial reform as a candidate two years ago. We're told that his advisors want him to "go big" in his speech, as he did when he addressed a joint session of Congress on...