by Robert Borosage | Dec 14, 2012 | Blog
Big Banks are famously too big to fail, too big to manage, and too big to prosecute. Now a recent report by the OCC details that they fail to meet even minimal standards of sound management. Even after blowing up the economy, getting a multi-trillion dollar...
by Robert Borosage | Dec 14, 2012 | Blog, Economy
Wisconsin, Ohio, Indiana, Michigan -- Republicans continue their assault on unions and worker solidarity – and America’s middle class gets mugged. Corporate profits are at the highest % of GDP on record; worker wages are at the lowest % ever. And now the...
by Dave Johnson | Dec 14, 2012 | Blog
Today (Friday) workers and their unions in Argentina, Brazil, Canada, Chile, South Africa, United Kingdom, Zambia and the United States are joining together to demand change at Walmart through the UNI Walmart Global Union Alliance. Josh Eidelson explains at The Nation...
by Richard Eskow | Dec 13, 2012 | Blog, Economy
Michigan's recent battle makes this a good time to explain the union movement's important role in our economy's overall health. We're about to explain why today's war on unions is bad for all of us, no matter what we do for a living, and we'll do it in four steps. But...
by Derek Pugh | Dec 13, 2012 | Blog
Washington is agog with fiscal cliff hysteria. With everyone focused on how to reduce deficits, isn’t it time for a little common sense? Most Americans think their tax dollars are wasted in Washington. So why not start with a focus on reducing waste? That would mean...
by Digby | Dec 13, 2012 | Blog
One of the more positive consequences of this ridiculous fiscal cliff fight seems to be a growing awareness that the beltway is out of touch with the concerns of ordinary Americans. For those who've read Chris Hayes' brilliant book Twilight of the Elites, this is...