by Richard Eskow | Apr 16, 2010 | Blog
JPMorgan Chase CEO Jamie Dimon knew what he was talking about when he said that ""large corporate America is in very, very, very, very good shape." It's a crude and insensitive remark, but an accurate one. Unfortunately, the rest of us are still paying for the party....
by Dave Johnson | Apr 16, 2010 | Blog
Yesterday was April 15, so I wrote about Tax Tricks. Here's a tax trick to talk about: Offshore Tax Havens for corporations. Here's one way that offshore tax havens work. You make an item in one country, and sell it at cost to a subsidiary that is based (post office...
by Bill Scher | Apr 16, 2010 | Blog, Financial Reform
While playing hardball seems to be working to maximize the chances for decent Wall Street reform, the finesse game appears to be working in the climate debate. On the heels of President Obama's offshore drilling plan Washington Post's Steven Pearlstein reports today...
by Robert Borosage | Apr 16, 2010 | Blog
President Obama got it exactly right when he said that we couldn't go back to an economy in which the banks captured 40% of corporate profits. We needed an economy built on a new foundation. Well, financial profits are soaring -- up a staggering 240% over last year....
by Tula Connell | Apr 15, 2010 | Blog, Economy, Making it in America
Donald Trump knows a few things about making money. The first step: You need a job. But a job is something more than 17 million of America’s workers don’t have. In a recent CNN interview, Trump says one big way this country can create jobs is by...
by Terrance Heath | Apr 15, 2010 | Blog
We entered a truly surreal political realm during the presidential election, when it fell to Peggy Noonan to serve as a voice of reason among conservatives. That job has since transferred to Dan Quayle, with Tom Coburn stepping into the role of "Reasonable...
