by Dave Johnson | Aug 5, 2015 | Blog, Trade
The U.S. Census Bureau reported Wednesday that the June goods and services trade deficit was an enormous, humongous $43.8 billion. This is an increase from May's enormous, humongous $40.9 billion trade deficit. The monthly U.S. goods deficit with China fell a bit in...
by Dave Johnson | Aug 5, 2015 | Blog, Trade
In the December post, Enougher is Enougher: ANOTHER Citi Nominee, I wrote about the nomination of Marisa Lago to be deputy U.S. trade representative: Ms. Lago was Global Head of Compliance for Citigroup’s corporate and investment bank from 2003 to 2008. She also...
by Dave Johnson | Aug 5, 2015 | Blog, Trade
I had a conversation over the weekend about the Trans-Pacific Partnership (TPP). She's for it, because "more trade is always good." TPP covers a whole lot more than what we would think of as "trade." Regardless, let's look here at the idea that expanding trade is...
by Lynne Stuart Parramore | Aug 4, 2015 | Blog, Economy, Financial Reform, Progressive Vision
America’s parasitical oligarchs are masters of public relations. One of their favorite tactics is to masquerade as defenders of the common folk while neatly arranging things behind the scenes so that they can continue to plunder unimpeded. Perhaps nowhere is this...
by Leo Gerard | Aug 4, 2015 | Blog, Climate, Economy
Oil honchos and their legion of lobbyists petitioned Congress last week to pad corporate profits at the expense of American energy independence and national security. And Republicans on a Senate committee voted to comply. On the demand of oilmen, the committee agreed...
by Bill Scher | Aug 4, 2015 | Blog, Climate
From the beginning of Barack Obama's presidency, his approach to climate policy has divided the environmentalist community. The "cap-and-trade" bill that he championed, but never received a vote in the Senate, was lauded by some groups as essential and others as...