by Roger Hickey | Dec 13, 2009 | Blog
On Monday morning, wealthy hedge fund mogul Peter Peterson and his Commission on Budget Reform will hold a press conference to issue a "Call to Action to Stem the Mounting Federal Debt." Their scary promotional material declares, "The ever-growing federal debt is...
by Sam Pizzigati | Dec 13, 2009 | Blog, Economy
AOL and Time Warner split, Comcast and NBC join. The merger merry-go-round continues to spin. Investment bankers and corporate execs get the brass ring. The rest of us get pink slips and higher prices. What may be the dumbest corporate merger of all time — the...
by Richard Eskow | Dec 12, 2009 | Blog
Recently the Senate passed Sen. Barbara Mikulski's Women's Health Amendment, which requires health insurance companies to provide free mammograms and other preventive health services for women. This was lauded by many, since women's health needs have traditionally...
by Dave Johnson | Dec 11, 2009 | Blog
Opponents of financial reform, after huddling with banking lobbyists, are now circulating a story that the reform bills are nothing more than more bailouts for the big banks. In fact the bills do the opposite, and have a mechanism for shutting banks down instead of...
by Richard Eskow | Dec 11, 2009 | Blog
Bernie Sanders, Al Franken, and Sherrod Brown have introduced a bill in the Senate that would replace the excise tax on higher-cost health plans with a tax on very high-earners. This amendment would put the Senate's proposal in line with the House bill, removing one...
by Eric Lotke | Dec 11, 2009 | Blog, Economy
Conservatives are using the economic crisis to push through their favorite tricks. The latest trick is a commission to cut the budget and cut the debt without the inconvenience of the democratic process. It’s a strange distraction from the real problem. The real...
