Mark Dempsey: One Modern Monetary Theory economist suggests sending each American household $50,000 to pay down debts, which would not only be cheaper than the $16-$29 trillion Wall Street bailout, it would bail out Main Street instead of the banks.
Mark Dempsey: Why does the Finance, Insurance, Real Estate sector, whose frauds caused the current economic meltdown, get trillions at the drop of a hat, and social safety net programs and revenue sharing with states, whose needs are far more modest, get the “one-finger salute”?
Steven Hill: When the true size of Greece’s deficit was revealed to the world, the bonds markets went berserk. The interest rates on Greece’s sovereign debt spiked to unheard of proportions, threatening the solvency of the government, and the rest is history.
Carole Bartolotto: The problem with concluding that GMOs are safe is that the argument for their safety rests solely on animal studies. These studies are offered as evidence that the debate over GMOs is over. Nothing could be further from the truth.
Walker Foley: Elected officials seem to think there’s only one side of this property rights argument. The people who live in these communities have rights too, but the oil companies seem to have the jump on [the politicians’] side of the fence.