by Dave Johnson | Nov 28, 2009 | Blog
Since the Reagan-era changes in the country's tax and regulation policies more and more of the wealth and income generated by our economy has been flowing upward to fewer and fewer people. We have now reached the point where wealth is at least as concentrated as it...
by Dave Johnson | Nov 27, 2009 | Blog
Reps. Ron Paul and Alan Grayson are trying to get the Federal Reserve audited. Last week the House Financial Services Committee passed an amendment to their financial regulatory reform bill that would mandate an audit. The Audit the Fed Coalition is trying to get HR...
by Robert Borosage | Nov 25, 2009 | Blog
Will the Senate vote another term for Ben Bernanke as head of the Federal Reserve? Should it? Two months ago, Bernanke looked like a lock. But now unemployment is over 10 percent and rising, while Wall Street bankers are stocking up on vintage champagne, ready to...
by Bill Scher | Nov 25, 2009 | Blog
President Obama announced today that he will attend the United Nations Climate Change Conference in Copenhagen, raising the stakes for himself and all participating nations. The initial goal for Copenhagen was to forge a binding treaty. But that ambitious goal has...
by Dave Johnson | Nov 24, 2009 | Blog
Ten years ago the World Trade Organization (WTO) met in Seattle at the WTO Ministerial Conference of 1999. To this day, when talking about trade and protests, many just use a shorthand and say things along the lines of "since Seattle." Seattle made it clear that there...
by Isaiah J. Poole | Nov 24, 2009 | Blog
The banking industry renewed its extortion threat against Congress today: If you create an independent Consumer Financial Protection Agency that is not beholden to the banking industry, we'll make American consumers pay. That's precisely the threat contained in a...