by Richard Eskow | Oct 15, 2013 | Blog
A recent column by Andrew Ross Sorkin is instructive, although not in the way Sorkin might have wished. His portrayal of JPMorgan Chase CEO Jamie Dimon as the innocent and beleaguered victim of “writers, editors and bloggers” is likely to stand as a cautionary tale, a...
by Dave Johnson | Oct 15, 2013 | Blog
There is a miscalculation at the core of Democratic strategies for ending the shutdown and avoiding default. Democrats keep saying, "They wouldn’t really do that." But this calculation doesn't "get it" about who and what the country is dealing with. Here is the...
by Sam Pizzigati | Oct 14, 2013 | Blog
If the Supreme Court chooses to erase our remaining post-Watergate campaign finance reforms, Richard Nixon's scandalous reign may come to seem — thanks to growing inequality — mere kid's play. The U.S. Supreme Court last week heard oral arguments in a case that could...
by Dave Johnson | Oct 13, 2013 | Blog
Did you know that Republicans filibustered to obstruct raising the debt ceiling Saturday? The bill to raise the debt ceiling received 53 votes in favor and 45 against, with every Republican senator voting to filibuster. Yes, 53-45 is a majority vote to raise the debt...
by Dave Johnson | Oct 12, 2013 | Blog
You might be hearing that some Democrats are "willing to make a deal" involving the "small" ($40 billion) medical device tax. It's a good idea to know what is going on -- especially the "offset" some are talking about. 1) The tax is on the windfall that the ACA is...
by Dave Johnson | Oct 11, 2013 | Blog
In business "bad profits" are short-term gains at the expense of a business' long-term viability. For example, soaking your loyal customers might bring you some increase in short-term profits but the customers won't remain loyal, and your future market share will...