Why Some Americans Want Big Guns

impeach earl warren

Steve Hochstadt: Imaginary patriotism of right-wing extremists has been translated into a surge in demand for assault weapons, not for hunting or for protection against criminals, but to make war against our government.

The Way to Occupy a Bank Is to Own One

occupy la

Ellen Brown: The campaign to “move your money” has gotten a groundswell of support. Having greater impact would be to “move our money” — move our local government revenues out of Wall Street banks into our own publicly-owned banks.

The Remarkable Political Stupidity of the Street

waive bank fees

Robert Reich: Wall Street is its own worst enemy. It should have welcomed new financial regulation as a means of restoring public trust. Instead, it’s busily shredding new regulations and making the public more distrustful than ever.

Time for an Economic Bill of Rights

america's economy

Ellen Brown: What was sufficient for a simple agrarian economy does not provide an adequate framework for freedom and democracy today. We need an Economic Bill of Rights, and we need to end the privatization of the national currency.

A Jubilee for Student Debt?

student loan debt

Ellen Brown: Eliminating, reducing, or deferring student loan debt will free up the budgets of millions of students, allowing them to spend more on goods and services, increasing demand and creating jobs, and adding to tax revenues.

Will Occupy Wall Street Be Co-opted?

occupy los angeles

Peter Dreier: Too many lefties view “co-optation” as failure. I disagree. The success of every radical movement in American history has occurred when it is co-opted by the forces of reform.

S&P: So What!

mark-pash

Mark Pash: Ongoing investigations by the SEC and Justice Department, Congress and federal regulators who are looking at ways to implement the Dodd-Frank Act, which contains provisions aimed at reducing the raters’ role in the financial system.

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.

Don’t Fall for GOP “Budget Crisis” Lie

tea party trip

Robert Reich: Republicans are using what would otherwise be a routine, legally technical vote to raise the debt limit as a means of holding the nation hostage to their own political goal of shrinking the size of the federal government.

7 Myths That Drive the Debt Ceiling Debate

budget-crisis-wide

Adam Eran: The metaphors that frame the current Federal budget and debt ceiling debates are completely inaccurate, and if the media coverage is any indication, the public has swallowed them hook, line and sinker, too.

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.

Why No Amount of Fiscal or Monetary Stimulus Will Be Enough

recession

Robert Reich: The Fed’s decision Tuesday to keep short-term interest rates near zero is no surprise. What’s odd is its apparent decision not to boost the economy by buying hundreds of billions of bonds — despite its acknowledgment that ”the pace of recovery in output and employment has slowed in recent months,” and that prices are rising too slowly for comfort (i.e., we might be facing deflation).