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...
by Dave Johnson | Apr 14, 2010 | Blog
A few weeks back I wrote about Whirlpool closing their Evansville, Indiana plant and moving the work to Mexico. I wrote about the lunacy of an economic system that encourages companies to destroy lives, communities and the very economy that the Whirlpools depend on....
by Robert Borosage | Apr 14, 2010 | Blog
Were the big banks all knowingly running Ponzi schemes? That's the question that arises from the stunning hearings held this week by the Senate Permanent Committee on Investigations, chaired by Senator Carl Levin, on the collapse of Washington Mutual, the largest...
by Eric Lotke | Apr 14, 2010 | Blog
In the wake of the 2010 Census, Maryland passed a law yesterday that fixes a major problem. Maryland will now count people in prison where they actually live, not where they are confined. This first-in-the-nation law will improve the fairness and accuracy of Census...