by Thom Hartmann | Mar 18, 2013 | Blog
When you think European financial crisis, you think Greece, or Spain, or Italy. But economic trouble in the small island nation of Cyprus is causing a serious panic throughout Europe. Because of Cyprus banks' exposure to the financial troubles in neighboring Greece,...
by Adele Stan | Mar 18, 2013 | Blog
At the Conservative Political Action Conference, the large annual gathering of right-wing activists and followers, people say a lot of crazy things -- too many, in fact, for me to cram into a single story. So I’ve picked a random 10 -- random insofar as they were...
by Richard Eskow | Mar 15, 2013 | Blog
Forgive us if we begin our discussion of the Senate Subcommittee for Investigation’s JPMorgan Chase hearing with a small victory lap, but as they say down South, “It ain’t braggin’ if it’s true.” We’ve been saying for years that JPMorgan Chase is fundamentally a...
by Adele Stan | Mar 15, 2013 | Blog
Building on his media-star momentum coming out of last week's 13-hour drone-focused filibuster, Sen. Rand Paul, R-Ky., delivered a speech to the Conservative Political Action Conference that put on display the tensions currently plaguing the Republican Party, and made...
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,...