Fed Policy Needs a U-Turn

ron-paul

Brent Budowsky: America needs new thinking for monetary and fiscal policy. Fed policy has failed. Government policy is inadequate. Ron Paul has advanced an important debate.

Democrats Must Push Back

norman solomon

Norman Solomon: Call me old-fashioned, but I believe in the vital lessons of the New Deal. Many millions of good jobs must be created — and that will require well-funded federal jobs programs on a large scale.

The Shameful Murder of Dodd Frank

dodd-frank-wide

Robert Reich: Wall Street has effectively neutered the Dodd-Frank law, which is the best argument I know for applying the nation’s antitrust laws to the biggest banks and limiting their size.

The Rich Are Destroying the Economy

bank-robbery

Shamus Cooke: Because both parties simply threw money at the banks and hedge funds instead of punishing them, a condition of “moral hazard” was created, meaning, that banks would assume another bailout would come their way if they destroyed the economy again — too big too fail, remember?

The Battle for the Soul of the GOP

Robert Reich: Tea Partiers have almost as much contempt for big business and the Street as they do for government. After all, the Tea Party was born in anger over the Wall Street bailout. This is the heart of the civil war in the GOP.

Reconsidering the Nuclear Power Industry Bailout

nuclear-power

Tracy Emblem: the United States should consider phasing out its nuclear power plants over the next generation and begin investing in other safer renewable energy sources. We can lead the world in clean energy technology.

Labor’s Last Stand in 2011?

Shamus Cooke: The stage is set, and the main actors in Congress and in the corporate establishment are ready to perform, having rehearsed behind closed doors for the coming assault on organized labor’s most powerful sector, public workers.

Seven Reasons Why Capitalism Can’t Recover Anytime Soon

economy

Shamus Cooke: To deal with working people more ruthlessly, the radical right is being unleashed. In normal times these bigots yell furiously but no one listens. But in times of economic crisis they’re given endless airtime on all major media outlets.

Why the Tax Deal Is an Abomination

Robert Reich: The deal the President struck with Republican leaders is an abomination. It’s larger than the bailout of Wall Street, GM, and Chrysler put together, larger than the stimulus package, larger than anything that’s come out of Washington in years. The president needs new advisors.

Who Is Behind the Deficit Crisis

tax breaks

Shamus Cooke: Unless labor and community groups massively mobilize working people in fighting for a pro-worker solution to the deficit crisis, austerity measures — like reducing Social Security and Medicare — will be forced upon us.

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