by Bill Scher | Jan 19, 2010 | Blog
I dread all the Washington spin that will follow today's Massachusetts special election, more than usual. Because I live in Massachusetts and the predictable oversimplifications will literally hit close to home. While everyone will say the election results mean this...
by Sam Pizzigati | Jan 17, 2010 | Blog
Would a stiff tax on banker bonuses blunt Wall Street profiteering — or let the vast majority of America's wealthy off the hook? “Wall Street,” the New York Times observed earlier this month, “is confronting a dilemma of riches: How to wrap its...
by Terrance Heath | Jan 15, 2010 | Blog
Eugene Robinson thinks maybe Michael Steele is crazy like a fox. I think he's just plain crazy (and only slightly crazier than the GOP for hiring him in the first place), for a number of reasons, the latest of which is a real humdinger. And, no, I'm not talking about...
by Robert Borosage | Jan 15, 2010 | Blog
The Wall Street Journal reports that Sen Chris Dodd, chair of the Senate Banking Committee, is thinking of abandoning the Consumer Financial Protection Agency, the centerpiece of Obama finanical reforms designed to create an independent watchdog to protect consumers...
by Dave Johnson | Jan 15, 2010 | Blog
The country has a very large debt. This debt was caused by: 1) Conservative tax cuts for the rich under Reagan and Bush. 2) Conservative spending increases, mostly on military. 3) Interest that must be paid each year on the debt from 1 and 2. 4) Emergency spending...
by Robert Borosage | Jan 14, 2010 | Blog
Yes, the apostle of free markets, the scourge of regulation and taxation, the bastion of nutcase supply side economics – the Wall Street Journal editorial page – has come out foresquare for more regulation… For Haiti, at least. The Journal editorial contrasts the toll...