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...
by Dave Johnson | Apr 15, 2010 | Blog
How many ways can people be tricked about taxes? Here are a few tricks I have come across. * The rich already pay most of the taxes. You hear variations of this, most recently the news that 47% of Americans don't owe any federal income tax. But the fact is that the...
by Zach Carter | Apr 15, 2010 | Blog, Financial Reform
The political battle over Wall Street reform is finally being engaged in earnest. Senate Minority Leader Mitch McConnell (R-KY) has formally thrown in his party's lot with the nation's largest banks, and to their credit, Democrats appear to be pushing back, both on...
by Richard Eskow | Apr 14, 2010 | Blog
When it comes to the economy, the color of wisdom is orange. Some students at Syracuse University are protesting the selection of JPMorgan Chase CEO Jamie Dimon as their commencement speaker. They're absolutely right: Dimon's a poor role model. We should be proud that...
