by Steven Capozzola | Apr 13, 2010 | Blog
Hu knew. Chinese president Hu Jintao knew that upon coming to Washington for Obama’s nuclear security summit he would have to have a serious chat about currency with President Obama and Secretary Geithner. Hu also knew that he wasn’t ready to cooporate. On Monday,...
by Dave Johnson | Apr 13, 2010 | Blog
The job of the news media is supposed to be to inform, not misinform. But Tuesday's Washington Post story, Obama team points to smaller deficit numbers, makes this claim about the cause of the huge $1.4 trillion budget deficit for FY 2009. The federal deficit was...
by Richard Eskow | Apr 12, 2010 | Blog
To call Robert Rubin an overpaid riverboat gambler would be to do a disservice to riverboat gamblers. To be sure, Rubin's salesmanship, arrogance, and cold lack of remorse fit the mold. But no card sharp ruined as many lives as the former Treasury Secretary and...
by Bill Scher | Apr 12, 2010 | Blog
Despite our demand for CNN to at least provide equal time to defenders of Social Security, Medicare and public investment when discussing issues related to debt and the deficit, the sputtering network proceeded this weekend with its planned four hours of
by Eric Lotke | Apr 12, 2010 | Blog
Big corporations still get away with it. A stunning new analysis by the Transactional Records Access Clearinghouse (TRAC) at Syracuse University shows how the IRS targets smaller corporations, while larger corporations that would yield more unpaid tax dollars go...
by Dave Johnson | Apr 12, 2010 | Blog
Last month I wrote that China was expected to report a trade deficit right about now, just before the Obama administration was scheduled to make a declaration on whether China is manipulating its currency or not, China's Coming Surprise Announcement And My Bridge On...