by Terrance Heath | Oct 29, 2009 | Blog
It's was 80 years ago this week that the Crash of 1929 kicked off the Great Depression. Not quite 79 years later, the fall of Lehman Brothers on September 15, 2008, sent the stock market into a meltdown precipitated by the crises of such Wall Street Giants as Bear...
by Dave Johnson | Oct 29, 2009 | Blog
At the New Economy Conference, Leo Gerard of the United Steelworkers just said that deregulating Wall Street was like leaving a 3 year old in a candy store unsupervised for a day. When you come back the kid is stuffed full of candy, candy falling out of the pockets --...
by Bill Scher | Oct 28, 2009 | Blog, Economy
At today's Senate hearing on the Kerry-Boxer clean energy jobs and climate protection bill, the oil refinery lobby claimed, "this legislation will export carbon dioxide e
by Robert Borosage | Oct 28, 2009 | Blog, Economy
We've got a new red scare. Forget Glenn Beck; the fear isn't that America is going red, it's that it is in the red. Conservatives in both parties are raising alarms about deficits and government spending. Well, get over it. If we are going to generate growth and...
by Isaiah J. Poole | Oct 27, 2009 | Blog
Now that thousands of demonstrators confronted bankers at the "showdown in Chicago" during the American Bankers Association convention there this week, activist energy is now urgently shifting to Washington and to communities across the country. James Mumm, the...