by Dave Johnson | Apr 14, 2016 | Blog, Jobs and Growth, Trade
China increased its steel production capacity by 540 percent between 2000 and 2014. Then the market slowed. To keep from having to lay off workers, China's steel companies started "dumping" steel on world markets at below-market prices. As a result, steel companies...
by Bill Scher | Apr 14, 2016 | Blog
At The New Republic today, I question whether the Republican Party has the courage to stop Donald Trump on the convention floor. Assuming Trump ends up short of majority, the delegates will have the means to block his path. But they need the will to withstand the...
by Burning Issues Video | Apr 14, 2016 | Blog, Burning Issues, Financial Reform
[fve]https://youtu.be/-gAE5NIft40[/fve] There is as much as $27 trillion hidden in shell companies around the world, outside of the reach of governments and public scrutiny, according to Porter McConnell, the director of the Financial Transparency Coalition. That has...
by Isaiah J. Poole | Apr 14, 2016 | Blog, Election 2016, Jobs and Growth
Thursday night is a big night for both political parties in New York City, with the Democratic presidential candidates staging a presidential debate in Brooklyn and the Republican candidates appearing at a black-tie fundraiser at the New York Hilton. But before they...
by Michael Winship | Apr 13, 2016 | Blog, Trade, Trans-Pacific Partnership
You might wonder what the connection is between a friendly game of golf last summer in Martha’s Vineyard and the Panama Papers. Read on. As anyone who hasn’t been in a cave – or otherwise away from the Internet -- knows, last week the German newspaper Süddeutsche...
by Richard Eskow | Apr 13, 2016 | Blog, Financial Reform
In April 2006, while Goldman was preparing an RMBS backed by Countrywide loans for securitization, a Goldman mortgage department manager circulated a “very bullish” equity research report that recommended the purchase of Countrywide stock. Goldman’s head of due...
