by Richard Eskow | Dec 11, 2014 | Blog, Economy, Financial Reform
It sounds like one of those fundraising emails Democratic groups kept sending out during the last election season, warning of imminent impeachment and other inflated threats: “Listen, I'm pleading.” “CRUSHING blow.” “Disaster.” “Kiss all hope goodbye.” “SHOCKING...
by Sam Pizzigati | Dec 9, 2014 | Blog, Economy
A rising tide lifts all boats. A growing economic pie means bigger slices for everybody. Wealth that flows to the top will always trickle down. Cheerleaders for wealth’s concentration have over the years invoked a variety of images to justify the ever larger fortunes...
by Robert Reich | Dec 8, 2014 | Blog, Economy, Financial Reform, Progressive Vision
In Washington’s coming budget battles, sacred cows like the tax deductions for home mortgage interest and charitable donations are likely to be on the table along with potential cuts to Social Security and Medicare. But no one on Capitol Hill believes Wall Street’s...
by Dean Baker | Dec 8, 2014 | Blog, Economy, Financial Reform
Sen. Elizabeth Warren kicked off a firestorm last month when she said that she would not support Antonio Weiss, President Barack Obama’s nominee to be undersecretary of the treasury. Her reason was that Weiss had made his career at Lazard, an asset management company...
by Sam Pizzigati | Dec 2, 2014 | Blog, Economy
We don’t know who exactly filed the tax returns with America’s 400 largest incomes in 2010. The IRS won’t reveal any of these 400 individually by name. But a just-released new IRS annual report on America’s highest incomes has revealed just about everything else about...
by Bill Moyers | Dec 1, 2014 | Blog, Economy
From "Moyers and Company," November 28, 2014 Let’s talk one more time about why inequality matters. Some people say it doesn’t, but they’re living in an ideological fairyland on the far side of the looking glass. In the real world, inequality is a deep and divisive...
