by Elaine Weiss | Jul 2, 2015 | Blog, Economy
As election season heats up, it’s encouraging to see not only education policy in general, but early childhood education, in particular, getting serious attention. With New York City leading the way, and cities from Boston to Seattle and San Antonio working toward...
by Robert Borosage | Jul 2, 2015 | Blog
The June Bureau of Labor Statistics jobs report shows continued growth -- 223,000 new jobs added with the official unemployment rate declining to 5.3%. Jobs growth remains steady -- rising for 57 straight months, now setting a new record each month – but slow, lagging...
by Larry Cohen | Jul 1, 2015 | Blog, Progressive Vision
Three weeks ago, when I ended my third term as president of CWA, I pledged to volunteer to help build what we call the "movement of 50 million for economic justice and democracy." Today I am announcing that I have endorsed Bernie Sanders for president of the United...
by Emily Schwartz Greco | Jul 1, 2015 | Blog
Rainbows illuminated the White House, the Empire State Building, and other landmarks after the Supreme Court affirmed the right to marry from sea to shining sea. As most Americans basked in this milestone’s afterglow, conservative leaders stomped their feet,...
by Robert Borosage | Jul 1, 2015 | Blog, Conservatism, Economy, Greek Crisis
Greece is now on the brink. It cannot pay its creditors, starting with the missed payment to the International Monetary Fund. Its banks are closed, unable to deal with a panicked dash for cash. The European Bank has refused to offer more cash to sustain their...
by Dave Johnson | Jul 1, 2015 | Blog, Financial Reform, Greek Crisis
The job of a lender is to evaluate risk and price a loan accordingly. If there is risk you charge a higher interest rate. That way you still make money on a broad portfolio of loans even when there are a few defaults. That's the job of a banker, supposedly. It's what...