RJ Eskow: It’s easy to condemn the Eric Holder of today. It’s harder to understand, and sadder to contemplate, whatever became of someone who was once so young and idealistic.
Richard Eskow: Inequality interferes with economic growth, robs people of opportunity (and with it, hope), dooms millions to poverty or near-impoverished conditions, and offends that part of the human spirit that constantly searches for fairness and equality.
RJ Eskow: Although Tony Blair laments the failure of the “political center,” this didn’t happen because he and his colleagues failed. It happened because they succeeded.
Richard Eskow: As members of the House Financial Services Committee, the “Hedge Fund 13″ all voted for a Wall Street-backed bill with an Orwellian name: the “Investment Advisers Modernization Act.”
Richard Eskow: If Bernie were denied a prime-time slot at the convention, chaos would ensue. You can be sure that whenever and however the deal is struck, they’ll make room for him at a peak viewing hour.
Richard Eskow: It’s true that he’s popular among media and political elites, but that sad fact only serves to remind us that some memories are short – and that, for some people, the ties of social status outweigh those of morality and decency.
RJ Eskow: The Democratic president, virtually all of his party’s senators, and both its presidential candidates now say they want to expand benefits. An idea that was widely dismissed when it was proposed by Bernie Sanders is now the Democratic position.
Richard Eskow: Americans work more hours than citizens of any Western European country, a burden that keeps them away from their families, friends, and personal activities.
Richard Eskow: The simple fact remains: Even if our too-big-to-fail institutions each gave us a credible-sounding “living will,” we could never be sure it would actually be implemented successfully during a real crisis. Break Up Big Banks
RJ Eskow: Wall Street has now paid more than $200 billion in fines and settlements for fraudulent activity. This almost unimaginable sum can be broken down into slightly more digestible (though still enormous) portions by looking at the amounts paid by individual banks.
R.J. Eskow: new study confirms what many activists have suspected for a long time: The private courts set up by international “trade” deals heavily favor billionaires and giant corporations, and they do so at the expense of governments and people. Trade Courts
Richard Eskow: Runaway inequality is the central issue of our time. It stifles democracy and leads to a more dangerous world.
RJ Eskow: In today’s environment, reinstating Glass-Steagall is not just the right policy – although it is certainly that. It’s also an excellent litmus test for politicians who say they’re willing to take on Wall Street.