by Richard Eskow | Jul 6, 2012 | Blog
In the ongoing scandal about Barclays' employees tampering with the "LIBOR," or London interbank lending rate - which is to say, bank fraud - The Economist offers this brilliant cover. It's not just the word "banksters," or the fact that it shows bank executives...
by Isaiah J. Poole | Jul 6, 2012 | Blog, Economy
Updated 8:47 a.m. — Today's unemployment report from the Bureau of Labor Statistics will be closely watched for its political impact on the presidential race. But it is not the numbers that will be most consequential. What will determine whether President Obama will...
by Robert Borosage | Jul 6, 2012 | Blog, Economy
Today’s jobs numbers reinforce what we already know about this economy: The growth is too slow; the jobs created too few. Last month’s 80,000 additional jobs does not keep pace with the number of new workers coming into the economy. We are essentially limping in...
by Richard Eskow | Jul 6, 2012 | Blog
Recently my friend and colleague Bill Scher challenged progressive critics of President Obama's conciliatory approach toward corporations with a New York Times op-ed entitled "How Liberals Win." Far from being "business as usual," Bill writes, "the Supreme Court's...
by Bill Scher | Jul 6, 2012 | Blog, Financial Reform
The following is an excerpt of an article published by Grist. Recently The New York Times published my op-ed “How Liberals Win,” in which I argued that throughout American history, liberal advancements have been mainly achieved with corporate support, and...
by Dave Johnson | Jul 5, 2012 | Blog
What did you think the word "trade" meant? You probably thought it meant we buy from them, and they buy from us, and we both get richer. I'll bet you never thought "trade" means we buy from them, and they don't buy from us, and they get richer and we get poorer, did...
