by Dave Johnson | Mar 19, 2010 | Blog
The other day I wrote about the huge impact from California's Toyota NUMMI plant closing, Toyota takes off with a ton of cash, we pay the costs, it's the way the system is set up -- by us. ... When the plant closes the public takes up the costs -- paying unemployment,...
by Steven Capozzola | Mar 19, 2010 | Blog
The Wall Street Journal says the U.S. is “wrong” to protest China’s “fixed yuan-dollar rate.” Their explanation is that many countries adopt a fixed rate, so as to ensure market stability. China is no different… Actually, that’s not true. If it were correct that most...
by Richard Eskow | Mar 19, 2010 | Blog
Recently we wrote that Sen. Chris Dodd's draft financial reform bill would create a "cumbersome bureaucracy." That wasn't an endorsement of a conservative talking point: The operative word was "cumbersome." The Right likes to use the word "bureaucracy" as an epithet,...
by Richard Eskow | Mar 19, 2010 | Blog
Rep. Alan Grayson has written a letter calling for the release of all documents and materials contained on AIG's internal servers. His idea deserves support. US taxpayers rescued AIG and own a majority (79.9%) of its shares. Serious questions remain about the payment...
by Leo Gerard | Mar 19, 2010 | Blog
Tricky auto loans didn't cause the financial meltdown on Wall Street. Unscrupulous payday lenders didn't cost taxpayers a $700 billion "troubled asset" bailout. So fussing about whether U.S. Sen. Chris Dodd's financial reform legislation contains an independent...
by Terrance Heath | Mar 18, 2010 | Blog
This is one of those things you just have to see to believe. Chances are you've seen it posted elsewhere, but it bears replaying over and over and over again. Here's the face of conservatism today, for ya — mocking and screaming at a man with Parkinson's...
