Ellen Brown: “Too big to fail” now trumps all. Rather than banks being put into bankruptcy to salvage the deposits of their customers, the customers will be put into bankruptcy to save the banks.
Steven Hill: The White House says its 2014 budget will propose cuts to the retirement program. Not only is that unnecessary, the U.S. could and should expand it.
Brent Budowsky: Obama needs to contemplate the possibility that his legacy will be “the jobless president.” He should fight to become “the jobs president.”
Ellen Brown: When Americans realize that the alternative is to have their ready cash transformed into “bank stock” of questionable marketability, moving failed mega-banks into the public sector may start to have more appeal.
Peter Laarman: The very wealthiest Americans, whose share of income and wealth has shot up astronomically for the past 25 years, have somehow gotten a huge number of other Americans to buy into the idea that there isn’t enough money. And that therefore we should cut lifeline benefits that go to poor children and sick people and old people and veterans.
Rich Broderick: Pope Francis should ask himself, what would Jesus say and do — what would the new Pope say and do if he were to act upon Church teachings — in response to Paul Ryan’s mendaciously entitled “Pathway to Prosperity” budget proposal?
Ellen Brown: The push to confiscate the savings of hard-working Cypriot citizens is a shot across the bow for every working person in the world, a wake-up call to the perils of a system in which tiny cadres of elites call the shots and the rest of us pay the price.
Brent Budowsky: Senate Republicans are on the brink of launching a filibuster against the nomination of Richard Cordray to lead the new consumer agency that will could propel Sen. Elizabeth Warren to a national stature from the Senate reminiscent of Robert F. Kennedy.
Shamus Cooke: At the end of the day a so-called progressive Democrat is still a Democrat, and the Democratic Party has re-made its image to reflect the interests of its new big donors from Wall Street, who now feel as comfortable buying Democrats as they do purchasing a Republican politician.
Walter Brasch: The American people broadly rejected Mitt Romney and Paul Ryan in 2010. They need to now reject Ryan’s so-called new budget that proves the Republicans are nothing more than the lackeys of corporate greed at the expense of the rest of us.
Robert Reich: The President needs to deliver the same message to the public, loudly and clearly. The biggest problems we face are unemployment, stagnant wages, slow growth, and widening inequality — not deficits. The major goal must be to get jobs and wages back, not balance the budget.
Tina Dupuy: The real middle-class—the actual human beings—are not getting help from the politicians they voted for. Instead, the politicians they voted for are helping the companies that the middle-class, in turn, is forced to subsidize. It’s not a theory, it’s a conspiracy fact.
Walter Brasch: The Congressional Budget Office says the sequester could cut more than 750,000 federal jobs. Republicans like that idea, especially since most federal employees are also members of unions. But, those jobs include public health officials, social service workers, teachers, air traffic controllers, and others in critical jobs.