by Isaiah J. Poole | May 17, 2012 | Blog, Financial Reform
JPMorgan Chase’s $2 billion bad bet has made it crystal clear: The Wall Street banksters are still recklessly gambling with government-guaranteed money. And the too-big-to-fail banks are still too big. It is time for Congress to act. Tell Congress to break up the big...
by Dave Johnson | May 16, 2012 | Blog
Suppose the "deficit hawk" plan unfolds just as it is being presented -- right after the election and before those we elect can take office, the Congress meets and hammers out a "grand bargain" to "reform" taxes and cut back on government and the things democracy does...
by Richard Eskow | May 16, 2012 | Blog
Today a bunch of rich white guys held a "Fiscal Summit" and agreed that: 1. Despite the fact that unemployment is causing untold suffering for millions of people, it's not very important. 2. Despite the fact that wage stagnation is destroying the middle class, that's...
by Isaiah J. Poole | May 15, 2012 | Blog, Economy, Minimum Wage
Multibillonaire Peter G. Peterson's Fiscal Summit may have started with conciliatory nods toward bipartisanship, but it did not climax that way. And that had to have been by design. Peterson and the people who planned the Fiscal Summit had to have known when they...
by Bill Scher | May 15, 2012 | Blog
The five finalists for the Sixth Annual Maria Leavey Tribute Award have been announced, honoring the person in the progressive movement whose behind-the-scenes work and selfless service has made an invaluable contribution to social justice. The public is invited to...
by Richard Eskow | May 15, 2012 | Blog
Heard about the meeting that's being held to decide your economic future? If the answer's "no," don't feel bad: That's because you weren't invited. But Tim Geithner was. So was Rep. Paul Ryan, the Republican member of Congress whose radical right-wing plans for...
