by Richard Eskow | Jan 14, 2013 | Blog
People were outraged that AIG's board of directors considered suing its own rescuers last week. As a former AIG employee, I had a slightly different take on that story: The outrage was warranted (and Warren-ted), but there was somebody behind the scenes pulling the...
by Bill Moyers | Jan 14, 2013 | Blog
Nobel Prize-winning economist and New York Times columnist Paul Krugman argues that saving money is not the path to economic recovery. Instead, he says, we should put aside our excessive focus on the deficit, try to overcome political recalcitrance, and spend money to...
by Richard Eskow | Jan 14, 2013 | Blog
By all accounts Aaron Swartz was brilliant, gifted, idealistic ... and fragile. Too bad he wasn't "too big to fail." I never met Aaron, but I know a lot of people who knew him well. (We did "converse" as members of the same online discussion group.) I learned about...
by Liz Rose | Jan 14, 2013 | Blog
Sometimes when I get a bill I don’t feel like paying it. But I do, because I’m a responsible adult. If I don’t pay my bills, I get in trouble. It’s true for a family and for a government. Republicans in Congress are creating another manufactured default crisis....
by Dave Johnson | Jan 14, 2013 | Blog
A number of the DC elites are talking about changing the way Social Security checks are adjusted for inflation. This is a great idea, as long as any such adjustment measures the things the elderly actually spend money on. Let’s do it! Let's change the way we adjust...
by Stan Collender | Jan 14, 2013 | Blog
The U.S. Treasury yesterday dashed the hopes and dreams of many in the blogosphere when it announced that neither it nor the Federal Reserve saw the idea of a $1 trillion platinum coin as a realistic alternative to raising the debt ceiling. Actually, the Treasury...
