by Isaiah J. Poole | May 6, 2009 | Blog
Two weeks after House Speaker Nancy Pelosi called for the creation of an independent panel that would investigate the causes of the current financial crisis, the House of Representatives has joined the Senate in approving a financial fraud bill that authorizes such a...
by Steven Capozzola | May 6, 2009 | Blog, Making it in America
Assembly-line workers and Michigan communities aren’t the only ones with a stake in a strong U.S. auto manufacturing industry. More than 7.2 million paychecks are tied to U.S. autos, ranging from supply manufacturing to health care, education, service, retail and...
by Isaiah J. Poole | May 6, 2009 | Blog
A Center for Public Integrity report released today, "Who's Behind the Financial Meltdown," spells out how 25 of the country's largest financial institutions fueled the subprime mortgage market that precipitated the global financial crash. In addition, as a...
by Robert Borosage | May 6, 2009 | Blog
"And the banks -- hard to believe in a time when we're facing a banking crisis that many of the banks created—are still the most powerful lobby on Capitol Hill. And they frankly own the place" That was Sen Richard Durbin, the powerful Senate Democratic whip, irate as...
by Isaiah J. Poole | May 5, 2009 | Blog
Progressives who have been campaigning for an independent commission to expose the causes of today's financial crisis are about to score a major victory as early as Wednesday in the House. That is when the House is expected to take up mortgage fraud legislation that...
by Alan Jenkins | May 4, 2009 | Blog
During the presidential campaign, candidate Barack Obama spoke eloquently about race in America and its continuing relevance to our national progress. But at the press conference marking his first 100 days, President Obama got it wrong. Black Entertainment Television...
