The Wall Street Empire Strikes Back

The FNinancial Crisis Inquiry Commission describes the housing bubble as the "spark" that ignited the 2008 inancial crisis, but suggests it only became a firestorm because of misguided ideology and reckless behavior.
Richard Eskow

US Chamber Attacks FCIC as Job-killing Wikileakers

In a response to the Financial Crisis Inquiry Commission releasing its final report on the financial crisis today, the U.S. Chamber of Commerce pitched a hissy fit calling the report […]
Mary Bottari

Set the Course Finish The Job On Financial Reform

Two years into his first term, President Obama can claim credit for two passing historic reforms — health care reform and financial reform. However, both were merely a beginning — […]
Terrance Heath

Fix Foreclosure Fraud With a Borrowers Bill of Rights

People are debating the need for a “systemic fix”to address the foreclosure crisis. What we really need is a systemic redesign, from the ground up. Fortunately, the design was laid […]
Richard Eskow

What Does Wikileaks have on Bank of America

WikiLeaks founder Julian Assange is promising to unleash a cache of secret documents from the hard drive of a U.S. megabank executive. In 2009, he told Computer World that the […]
Mary Bottari

Letters From Foreclosure Hell

From ‘Single Mom‘: “I lost everything, I am now losing the roof over our heads, my 30 year history of good credit, my self-respect. I cried at night, sobbed really, […]
Richard Eskow

The New Silent Majority

In 2008, Barack Obama said this: “I think Ronald Reagan changed the trajectory of America in a way that Richard Nixon did not …” He might want to rethink that […]
Richard Eskow

The Emo Executive A Self-Help Plan for Jamie Dimon

I don’t hate Jamie Dimon. He’s smart and hard-working, and undoubtedly wants to believe that his work contributes to society. But his bank continues to harm millions of Americans, and […]
Richard Eskow

Are Tea Party Members Getting Played

Are the Main Street Tea Party members getting “played” by Wall Street and big-corporate billionaires? There is a big, big, big difference between what the regular members and the big-money […]

Ben Bernankes Secret Global Bank

Thanks to tremendous public pressure and the recently passed Wall Street reform bill, the U.S. Federal Reserve was forced to reveal the details of its emergency bailout of the financial […]
Mary Bottari

Here Come the High Rollers

While the Dodd-Frank Wall Street reform bill did too little to address the problem of “too big to fail” banks, one of the big wins for reformers was the bill’s […]
Mary Bottari

The Six Percenters

Only 6% of Americans think Congress should concentrate on reducing the deficit or changing the tax code, according to the latest CBS News poll. Nearly ten times as many people, […]
Richard Eskow

Sit Stay A New York Times Chew Toy for Blue Dogs

The conservative wing of the Democratic Party just drove it over a cliff, but you’d never know if from reading Matt Bai’s latest New York Times piece. It’s the latest […]
Richard Eskow

Tea Party Betrayed Already

I have been writing about the Tea Party, and asking what they will do if/when the DC Republicans betray them. CAF has set up a page for the Tea Party […]

Progressives Fare Better Than Blue Dogs In Contested Races

The conservative Blue Dog House Democrats, who borrowed heavily from Republican and Tea Party themes in an effort to save their jobs, floundered badly Tuesday. Meanwhile, Progressive Caucus members in […]
Isaiah J. Poole

Win or Lose Perriello Reveals Progressive Power

Tom Perriello always knew it would be hard to hold his seat in Congress. The progressive Democrat from Albemarle County, Va. represents a district designed to nullify liberal votes with […]
Zach Carter

Vote for Hope

The electorate is bitter and angry. It’s no wonder. Foreclosures rise while Wall Street bankers, whose recklessness caused this grave recession, grab million dollar bonuses. Unemployment is stuck at 9.5 […]
Leo Gerard
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