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At The 100-Day Mark, Climate Is Losing

At the 100 Day mark of the Obama Era, climate protection is behind health care for all. This shouldn't be and isn't a contest. Solving both domestic crises is critical to sustain our economy and our planet. And the fact that health care is farther along the political...

The Financial Warning Almost Everyone Ignored

The warning, in retrospect, could not have been any clearer. It led to this unambiguous headline on CNN.com on September 17, 2004: "FBI warns of mortgage fraud 'epidemic'." Assistant FBI Director Chris Swecker said the booming mortgage market, fueled by low interest...

In Faceoff With Banks, "The Government Has Blinked"

Economist Simon Johnson, in an interview Friday on "Bill Moyers' Journal," makes the case for why the nation needs a tough, independent inquiry into the financial crisis similar to the Pecora Commission of the 1930s. "Everyone is worried about the disproportionate...

Can't Ship Out Those Green Jobs

We're giving up Styrofoam cups here at our building in Washington, D.C. Also doing an energy audit and taking a few other steps as a start toward making our building a green one--just some of the actions the AFL-CIO announced this week, in time for Earth Day. Back in...

Senate Backs Financial Crisis Investigative Panel

Momentum toward a Pecora Commission-style inquest into the roots of the financial crisis got a boost from the Senate on Wednesday when it approved an amendment to a financial fraud bill that would authorize a select investigative committee. If the bill passes with the...

Geithner Plan: Another Subsidy For The Rich?

The Obama administration this week got a warning shot across its bow against structuring a bank resuce plan that would amount to yet another taxpayer subsidy of the wealthy. It's a shot that progressives who have the administration's ear on economic policy need to...

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