by Richard Eskow | Feb 21, 2012 | Blog
If the President thought his mortgage investigation announcement would be an easy sell to progressive critics, he was only half right at best. The announcement—especially the appointment of New York Attorney General Eric Schneiderman— did win praise from a number of...
by Richard Eskow | Feb 21, 2012 | Blog
Above is a video of a conversation I had the other night with Thom Hartmann on his television show, The Big Picture, about the latest - and one of the most shocking - revelations about the government-sponsored housing finance agency Freddie Mac: That it created...
by Leo Gerard | Feb 21, 2012 | Blog
First, Republicans opposed extending the payroll tax cut that put an extra $20 a week in the pockets of 160 million working Americans. Next, they supported it. If the cost were offset the way they wanted. Even though Republicans previously had said that tax cuts never...
by Sam Pizzigati | Feb 20, 2012 | Blog, Financial Reform
Lawmakers make laws. They don't enforce them. Corporate America understands that difference — and exploits it with a relentless regularity. The latest case in point: the battle over outrageous CEO pay. Towers Watson, the corporate consulting powerhouse, last week shot...
by Dave Johnson | Feb 18, 2012 | Blog
This is the 3rd anniversary of the American Recovery and Reinvestment Act, commonly known as President Obama's "stimulus." Republicans say it made the economy worse. Let's see... House Speaker John Boehner said Thursday, "Today, there's no denying the fact that his...
by Dave Johnson | Feb 17, 2012 | Blog, Economy
PBS' NewsHour had a terrific segment exploring the question, Are Chinese Business Partnerships a Good Deal for U.S. Companies? Watch Peter Navarro describe what he calls "weapons of job destruction." Interviewed on the segment were Peter Navarro, professor of...