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...
by Terrance Heath | Jun 30, 2015 | Blog, Conservatism, Current Issues, Election 2016, This Is The GOP
It’s official. Chris Christie is running for president. The only reason for Christie’s run appears to be either his outsized ego or deep delusion about his chances of winning. Yesterday, the two most common reactions to news that New Jersey governor Chris Christie...
by Leo Gerard | Jun 30, 2015 | Blog, Health
The Supreme Court last week ensured that millions of Americans retained their health insurance. Those who kept their coverage sighed with relief. Democrats cheered. Republicans reacted with vitriol and recrimination. Even the GOP dissenters on the Supreme Court...
by Dave Johnson | Jun 30, 2015 | Blog, Tax Reform
Watch out for this one. With fast track trade authority done, the big corporations are now pushing for massive tax giveaways. This is another exercise of raw corporate power by the few to take what they want from the many. The corporations use complexity to get people...
by Joshua Ferrer | Jun 29, 2015 | Blog
Beth Hughes of Tippecanoe County, Ind., is raising three kids with a fourth on the way. She works part time, and her husband is attending graduate school at Purdue while working as a research assistant. Their total annual income clocks in at $19,200 and they depend on...
