by Thom Hartmann | Mar 14, 2013 | Blog
The Federal Deposit Insurance Corp is supposed to insure deposits and regulate banks, but the agency has helped the banksters avoid trial for their crimes since the 2008 financial meltdown. The LA Times reports that the very agency responsible for investigating and...
by Digby | Mar 14, 2013 | Blog
Just FYI, White House National Economic Council director Gene Sperling said today on his Reddit chat that the president really prefers the Chained CPI and that it's not just an inducement to get the Republicans on board with the Grand Bargain. This may sound obvious,...
by Dave Johnson | Mar 13, 2013 | Blog
The AMERICA Works Act would establish a national credentialing system for manufacturing skills like welding and machining. Sen. Kay Hagan D-NC, Sen. Joe Donnelly, D-Ind. and Sen. Dean Heller, R-Nev. are co-sponsoring the bill. The Winston-Salem Journal explains, in...
by Sam Pizzigati | Mar 13, 2013 | Blog
The current European revolt against CEO greed, if successful, might leave Corporate Europe looking just like Corporate America — in the 1950s. In America today, the New York Times reports, we’re living in “a golden age” — for corporate profits. These earnings have...
by Richard Eskow | Mar 13, 2013 | Blog
The CEO and Research Director of the Federal Reserve Bank of Dallas have written a clear, smart, and principled proposal for reforming our banking system, and for managing the moral and financial crises our too-big-to-fail banks have caused and perpetrated. The plan...
by Bill Scher | Mar 13, 2013 | Blog
For the past 24 hours, the media has dutifully reported on the budget proposal from Rep. Paul Ryan, even though everyone knows it is extremely unlikely to become law. That’s fine; it’s not the media’s job to short-circuit debate. It’s the media’s job to report...