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...
by Richard Eskow | Jan 14, 2010 | Blog
The Washington Post has an uncanny knack for being in the wrong place at the wrong time, pushing the wrong policies and making the wrong moves. That's four wrongs in once sentence, and four wrongs don't make a right - unless you're talking about "right"-wing bias. But...
by Dave Johnson | Jan 14, 2010 | Blog, Economy
On top of last week's bad news on unemployment, with 85,000 more jobs lost in December, today's initial claims for unemployment insurance benefits report was 444,000, an increase of 11,000 from the previous week's revised figure of 433,000 The "rule of thumb"...
by Sara Robinson | Jan 13, 2010 | Blog
It's the New Year, and I'm celebrating by coming back to work after a three-month sabbatical from CAF. After four years of pretty consistent blogging, I needed some distance, some time to pursue a few errant passions, and the chance to recover my focus. As of this...
