Carl Bloice: The words of a party’s platform and the declarations of its candidate don’t mean much in the real world of political wheeling and dealing.
Sylvia Allegretto: In recent expansions post-recession income gains have taken longer to materialize and given the enormity of the Great Recession it may be years before we see any improvement.
Robert Reich: Middle-class consumers won’t and can’t spend because their savings are depleted, their homes are worth a fraction of what they were five years ago, their wages are dropping, and they’re worried about keeping their jobs.
Dan Farber: Conservatives are now spreading the myth that, if the country fails to elect Mitt Romney, the aftermath will be a deluge of federal regulations.
Clifford “Felonius Ax” Tasner: President Romney will usher in an America where only our tiny minority gets to thrive while the rest of you succumb to debt peonage. And being Billionaires will feel extra special once again!
Ellen Brown: The Japanese government’s debt is the people’s money. They own each other, and they collectively reap the benefits.
Jerome Horton: The Republican presidential candidate wants to eliminate the estate tax, which currently applies a top rate of 35% as well as a $10.24 million exemption on a married couple’s combined assets.
Jim Rhodes: We departed with the hope that we could, in some small manner, assist these hard-working tea farmers and at the same time offer Westerners a most unusual product.
Tina Dupuy: We’re fatter, sicker, further in debt and using the most illegal drugs in the world—all signs Americans have become overspent from bad economic policies.
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.
Steve Hochstadt: When Romney and the Republicans talk about cutting back on government, they mean much larger cuts in local government spending than what has happened so far.
t must have seemed like a good idea at the time, when Senators Chris Dodd and Barney Frank drew up the landmark regulatory bill that bears their names. One of its lesser-known provisions required U.S. companies to list the inclusion of any “conflict minerals,” mined in or near the violence-plagued Democratic Republic of the Congo, […]
Ellen Brown: While banks and investors were busy counting their profits behind the curtain of MERS, homeowners and counties have been made to bear the losses. The city of San Bernardino is in such dire straits that on August 1, it filed for bankruptcy.