by Robert Borosage | Nov 27, 2012 | Blog, Economy
Senator Dick Durbin, Senate Majority Whip and one of President Obama’s closest allies, laid out his principles for a deal in the current fiscal showdown today in a speech at the Center for American Progress. The nuanced speech was a revealing mixture of common sense...
by Richard Eskow | Nov 27, 2012 | Blog
This Friday we appeared on Thom Hartmann's television show The Big Picture to discuss a new report on the dimly-lit world of shadow banking. Interesting stuff - we'll be writing something on the topic soon, too. Here's the video:...
by Dave Johnson | Nov 26, 2012 | Blog, Economy
I haven't done this before, but I think today's email from CAF is so spot on that I am going to reprint it here: The statisticians were right about the election. The scientists were right about the weather. And the economists are right about … the economy. 350...
by Sam Pizzigati | Nov 26, 2012 | Blog, Minimum Wage
Americans today can take more than inspiration from the struggles against plutocracy that progressives waged years ago. They can take a host of still relevant — and cutting-edge — policy proposals. Our contemporary billionaires, most Americans would agree, are...
by Digby | Nov 26, 2012 | Blog, The Sequester
Just this: You’ve heard the story many times: Supposedly, any day now investors will lose faith in America’s ability to come to grips with its budget failures. When they do, there will be a run on Treasury bonds, interest rates will spike, and the U.S. economy will...
by Dave Johnson | Nov 26, 2012 | Blog
The term "fiscal cliff" is a one-sided propaganda phrase that misinforms and triggers public fear and anxiety. The fiscal cliff is not a "cliff" and the country isn't going to fall off anything at the end of the year. Journalists: don't help the misinformers -- don't...
