by Sam Pizzigati | May 21, 2012 | Blog
Facebook's initial public offering last week 'offered' the world another double dose of windfalls and greed. But Egypt's elections this week may bring an IPO of a different sort, the 'initial public offering' of an antidote to avarice. Remember the heady days of the...
by Richard Eskow | May 21, 2012 | Blog
When Jamie Dimon revealed that JPMorgan Chase had lost billions through risky and legally questionable trading, he said the losses would be about $2 billion and maybe more. Apparently it is more - a lot more. People in a position to know are saying the real figure is...
by Dave Johnson | May 20, 2012 | Blog
Which is better for an economy: millions of future jobs and trillions of future dollars, or a few people making a quick buck today by selling out their country? For decades America's 1%-backed conservatives have chosen the latter course, and we can see the results all...
by Isaiah J. Poole | May 18, 2012 | Blog
From the House Republicans whose leader, Speaker John Boehner, just three days ago claimed that "we can’t go on spending money we don’t have," and "our economy is stuck in large part because it’s stuck with debt," comes this: The House on Friday approved a sweeping...