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

Political Corruption GOP Embraces the Ken Lay Way

The GOP has adopted the Ken Lay principles – that is obfuscation, false statements and feigned innocence. Republicans are obfuscating about the real reason for their opposition to extending unemployment […]
Leo Gerard

Alan Simpson Plays Lucy Holding the Football

We all despair of the chump Charlie Brown. Each fall Lucy promises to hold the football. Charlie trusts her. And –bam — she pulls it away at the last moment […]
Robert Borosage

Robert Reich Gets It Tell the Right Story

Robert Reich pleads with Democrats, and President Obama to give Americans a clear explanation about why the economy stinks. He gets it right. The newly liberated leadership of the Democrats […]
Robert Borosage

Fed Audit– Liveblog on Data Dig

Just starting to parse through the Fed audit data. Looks like the Primary Dealer Credit Facility is predominantly a bailout for Citigroup and Bank of America. More to come . […]
Zach Carter

Do Tax Cuts Help The Economy

In the news: Congress debates extending an extra tax cut for the rich, Obama’s “deficit commission” proposes tax cuts to cut the deficit. Both of these assume tax cuts help […]

Citizens Commission The Real Issue Is Jobs

Members of the Citizens’ Commission on Jobs, Deficits and America’s Economic Future formally released their report earlier today with a declaration that the commission created by the White House to […]
Isaiah J. Poole

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

Yes Megan Bankers Break The Law

I frequently disagree with Megan McArdle, but her WikiLeaks post yesterday on struck me as simply delusional. The basic argument: megabank financiers haven’t committed any crimes, because if they had, […]
Zach Carter

America Speaks Will Washington Listen

"America has spoken." It’s a phrase we’ve heard from the right after every election — special election, run-off or midterm — following the 2008 election in which voters sent Barack […]
Terrance Heath

GAO Bank Regulators Not Even Looking At Foreclosure Practices

A rather nauseating statement from a Government Accountability Office report on foreclosures: Because they generally focus on the areas with greatest risk to the institutions they supervise, federal banking regulators […]
Zach Carter

Will The Fed Withdraw Its Foreclosure Predator Bailout

Yesterday, The New York Times ran an editorial opposing a new Federal Reserve proposal to eliminate predatory lending penalties. The rule under consideration is the same obscure regulation I blogged […]
Zach Carter

Austeritys Epic Fail

It hasn’t even been a year since the Heritage Foundation placed Ireland among the top ten countries on its Economic Freedom Index. I wasn’t intending to write about Ireland at […]
Terrance Heath

Those Other Pat-Downs

As a frequent traveler, I can understand the outrage over new TSA security procedures. A “choice” between an ultra-revealing body scan, a scandalously intrusive pat-down, or not traveling by air, […]
Alan Jenkins

Dare Call It Sabotage

Are they there to govern, of just destroy? As Washington works through its “lame duck” session and prepares for next year’s new Congress, there are signs that the government-haters are […]

A Potential Breakthrough on CEO Pay Excess

Over across the Atlantic, reformers have begun a year-long probe that has the fire-power — and credibility — needed to challenge the sacred cows of the global executive compensation status […]

Social Security Facts vs Fog

Conservative just hate Social Security. The Social Security program is an example of government at its best. It demonstrates We, the People taking care of and watching out for each […]

Two Graphs that Every American Worker Should See

Apparently the Fiscal Commission believes that only the very poorest (those with career earnings in the range of $10,771) depend upon Social Security’s benefits for security in old age–because they […]

Americas Confidence Deficit

Let’s go through it one more time. A simple truth: You can’t get the right answer if you ask the wrong question. The furious debate over how best to cut […]
Robert Borosage

Piggy Bank Morality Maya MacGuineas and David Brooks

Recent remarks by a would-be Social Security cutter highlight the unspoken agenda behind proposals that claim to “fix” the program by cutting benefits, all in the name of “deficit reduction.” […]
Richard Eskow

Ben Bernanke and Conservative Economic Sabotage

The Republican Party’s newfound political assault on Ben Bernanke is a grim reminder of the actual conservative economic agenda for the next two years. The midterm elections taught Republicans a […]
Zach Carter

Corporate Rewards Controlling US Trade Policy

Real men, real human beings, with feelings and families, fought and died at Gettysburg to preserve the Union, to ensure, as their president, Abraham Lincoln, would say later, that “government […]
Leo Gerard
1 194 195 196 197 198 276