by Robert Borosage | Mar 17, 2010 | Blog
Where will the jobs come from? President Obama wants to double America’s exports over five years to help generate good jobs. With Recovery Act spending coming to an end, states and localities laying off employees, banks still not making loans, and consumersl reeling...
by Bill Scher | Mar 16, 2010 | Blog
Several traditional media outlets are regurgitating the conservative spin that if the House uses the parliamentary procedure known as a "self-executing rule" or "deem and pass," it will be
by Zach Carter | Mar 16, 2010 | Blog
Senate Banking Committee Chairman Christopher Dodd, D-Conn., unveiled his latest financial reform proposal on Monday, and the stakes for the new legislation couldn’t be higher. After consumer groups raised a major ruckus, Dodd has dropped one of his most...
by Dave Johnson | Mar 16, 2010 | Blog, China Currency Showdown
China argues that some American companies will suffer if China stops subsidizing manufacturing and adjusts their currency to market levels. They're right. The fight over Chinese violations of trade rules is also another story about Wall Street and big, monopolistic...
by Richard Eskow | Mar 16, 2010 | Blog
Eighteen former members of the Federal Reserve’s Consumer Advisory Council (CAC) strongly endorsed the idea of an independent Consumer Financial Protection Agency in a letter released last week . Draft legislation released yesterday by Sen. Chris Dodd would instead...
by Richard Eskow | Mar 16, 2010 | Blog
Democracy requires vigorous public debate in an open forum, conducted by leaders willing to take a public stand and face the consequences. Today's proposal on banking reform from Sen. Dodd is the product of backroom negotiation and holds nobody accountable. It allows...
