Winograd to Harman: Why Did You Vote NO on Mortgage Relief?

It behooves everyone in Congress to demand that big banks, the overnight recipients of billion-dollar bail-outs, renegotiate loans in bankruptcy court. After all, we must remember these banks, the ones we bailed out, caused the financial meltdown with predatory sub-prime lending.

Obama, Democrats Must Confront Deficit Monster

Red-ink

In remarks to a health reform forum in March, Barack Obama acknowledged, ‘The greatest threat to America’s fiscal health … is the skyrocketing cost of health care.’ How he deals with this danger will arguably be as important for the historical reputation of his presidency as his foreign policy initiatives to safeguard national security.

Paul Volcker Body Slams World Bankers

volcker250

Why didn’t Obama deliver this speech when he spoke to bankers on Wall Street a few months ago? Better late than never, I suppose, and bankers are slightly more likely to pay attention to Volcker than to Obama as evidenced by the fact that several major US bank CEOs turned down the invitation to hear the president speak.

The Surge We Need At Home

Warhorse

America is a mess. Unemployment is over 10 percent, while the effective unemployment rate—which also includes the underemployed—is more like 19.2 percent.

LA Progressive: 22 to 29 November, 2009

the_boat_that_rocked05

Medicare in Crisis: The Devastating Impacts of a Corporate Health Care Bill. But now the dust is starting to settle, and the Congressional vision for health care in the U.S. is emerging. Instead of being “progressive,” it will amount to a massive, corporate-inspired attack on American workers, the elderly, and the poor. -Shamus Cooke False […]

Retail Wars, Urban Sores: A New Jobs Project

CCC workers constructing road, 1933.

If we can defend democracy overseas we can rebuild our decaying Main Streets. This could be a building stimulus project both political parties could respect if we see it as a restoration after a retail business war.

Goldman Sachs’ $500 Million Mea Culpa

Cannibal-Capitalism

This institution deserves the full force of anti-trust law deployed against it. Maybe in open court we’ll get a glimpse into the real workings of this unworthy amalgam of greed and arrogance.

New York Times: “American Workers Are Overpaid”

Maze

If recent resistance by IBEW and UNITE HERE members are any indication, the Times’ BreakingNews folks and corporate America have a long way to go before convincing workers that it is they, rather than their high-paid, amply-bonused bosses, whose compensation should be downsized.

Wall Street and Goldman Sachs Party On

Goldman

It’s ironic that all we hear on FOX News and right-wing talk radio is how “socialistic” the Obama Administration is when in reality the way the administration has handled the Wall Street crisis is anything but “socialistic.”

Drinking Motivational KoolAid: How It All Works Financially

get-motivated

Even the soberest fiscal conservatives cannot avoid the power of this pitch and will jump out of his or her seat with wallet wide open! You may get in for $19, but more than half of you will spend many hundreds if indeed not thousands more.

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