JP Morgan’s Loss Could Be America’s Gain

jamie dimon

Joseph Palermo: With new evidence mounting each day that the system is as broken as it was before the meltdown of September 2008 and will likely require another colossal taxpayer bailout at some point, the public might be able to compel even the isolated 1 percenters among Washington’s policy elite to take heed.

Foreclosure Crisis Discussion Marries Activists Old and New

off

t’s an old saw that the Vietnam War was ended not by protests on college campuses, as dramatic as they were, nor when the political elites in the nation’s capital stopped playing with dominoes. Rather, it was only when the war’s relentless horror and pointlessness became the main topic of conversation at Rudy and June’s […]

The Portland Community Begins to Fight Austerity

gop budget

Shamus Cooke: Those who caused the recession — Wall Street, the big banks and corporations — must be made to pay for it. The broader population can achieve this goal only if it is united and acts collectively.

The Stall Has Arrived

black unemployment

Robert Reich: @idening inequality is the underlying culprit. As long as almost all the gains from economic growth continue to go to the top, the vast middle class doesn’t have the purchasing power to boost the economy on its own.

The Tinder-Box Society

poverty

Robert Reich: Most of the gains from the productivity revolution are going to the owners of capital, while typical workers are either unemployed or underemployed, or else getting wages and benefits whose real value continues to drop.

The Small Government Fallacy

grover norquist

Charles Hayes: American history shows beyond a doubt that our health as a nation is dependent in large part on a vibrant middle class. Extreme inequality severely weakens our economic foundation.