by Terrance Heath | Aug 12, 2013 | Blog
After writing about the tragedy of Greek austerity for more than a year, I've love to (finally) have some good news to share. But when it comes to austerity, the news is never good. In Greece, the news is bad and getting worse. The latest news is that Greece's economy...
by Sam Pizzigati | Aug 12, 2013 | Blog
A rather ruthless billionaire has grabbed one of the world's great newspapers. But you don't have to be a high-tech plutocrat, the paper's previous regime has demonstrated, to help make our world more unequal. Jeff Bezos, the bezillionaire Amazon CEO, has bought the...
by Dean Baker | Aug 12, 2013 | Blog
Glenn Hubbard, along with Tim Kane, had a column in the NYT today decrying the budget deficit. The column begins by repeating the warnings of that well known economic expert, Admiral Mike Mullen, that the debt is the “single biggest threat to our national...
by Richard Eskow | Aug 12, 2013 | Blog
Four years after Wall Street's malfeasance dealt a telling blow the economy, and long after tens of billions of dollars have been paid out for banker fraud, reports say that we're about to see the first arrests of Wall Street bank employees. What's more, the suspects...
by Thom Hartmann | Aug 12, 2013 | Blog
ALEC is holding its annual conference in Chicago, where corporate lobbyists and Conservative lawmakers will get together - have a few drinks - and create more corporate-friendly, middle-class-destroying legislation. At annual ALEC meetings, corporate lobbyists sit...
by Robert Borosage | Aug 12, 2013 | Blog
Most babies born in the U.S. today are children of color. In three decades, more than half of our population will be people of color. By 2050, 42 percent of our workforce will be African American and Hispanics. (Today that figure is 27 percent). Yet, even as diversity...