by Alan Jenkins | Mar 24, 2014 | Economy
Earlier this month, the Senate Committee on Banking, Housing, and Urban Affairs released a discussion draft of legislation to overhaul the nation’s housing finance system. Early analysis indicates that, while the draft acknowledges the important role that the...
by Sam Pizzigati | Mar 24, 2014 | Economy
Let us pause now to pay our respects to Bunny Mellon. She died last week on her 4,000-acre farm in Virginia’s fabled horse country. But no tears, please. Bunny — nobody called her by her given name Rachel — lived a long and rich life. Very long. Very rich. One hundred...
by Richard Eskow | Mar 21, 2014 | Economy
Bernie Madoff recently had some choice words about the politicians he thinks are spreading “socialism” and “wealth distribution," while billionaires Tom Perkins and Ken Langone both likened critics of oligarchic wealth to Nazis. Perkins and Langone should take heed:...
by Lynne Stuart Parramore | Mar 20, 2014 | Economy
t? Didn’t matter how much money you made now, or in the future. Nobody would ask about your job status or how many kids you have. The check would arrive in the mailbox, no matter what. Sounds like a far-fetched idea, right? Wrong. All over the world, people are...
by Thom Hartmann | Mar 18, 2014 | Economy, Progressive Vision
First the oligarchs came for our economy, and we said nothing. Then they came for our government, and again, we said nothing. Now, they’ve come for science, and we’re not saying a word. Thanks to Republican-backed austerity measures, our nation’s scientific...
by Thom Hartmann | Mar 17, 2014 | Economy, The 2015 Budget
President Obama sent Congress a $3.9 trillion dollar budget. Although his 2015 plan has been deemed more politics than policy, it's a blueprint of how to start repairing our economy. The 2015 fiscal plan would move us away from austerity, and start us back on a path...
