by Richard Eskow | May 4, 2012 | Blog
Here's a walk down memory lane that's worth taking, even if it makes your blood pressure spike a little: Three years ago Tim Geithner was in the position of having to explain why the Federal government wasn't going to nationalize the nation's failing banks. In 2009...
by Isaiah J. Poole | May 4, 2012 | Blog, Economy
The economy produced only an additional 115,000 jobs in April, with the unemployment rate going down to 8.1 percent only because some 342,000 people dropped out of the labor force. This is, as co-director Robert Borosage says in his media statement today, not a...
by Dave Johnson | May 3, 2012 | Blog
You'd be hard-pressed to find a better example of corporate greed than Verizon, a company making billions and tripling its CEO's pay while demanding givebacks from its workers. Today the 99% Spring movement let Verizon know that 99% of us are trying to bring big...
by Terrance Heath | May 3, 2012 | Blog
What's end of the line for austerity? We've gone through despair, desperation, and indifference. The latter feeds the first two, creating what Robert Reich calls "a tinderbox society," as "those collecting capital gains" demand austerity, resulting in "rising...