Randy Shaw: In the 1970’s people began restoring rundown Victorians and Brownstones not because they suddenly read Jane Jacobs, but rather because the times brought a recognition of the virtues of preserving historic structures.
Robert Reich: Shaming before congressional committees tends to reassure the public Congress is taking action. But – especially with Republicans in charge – Congress is doing nothing to prevent the wrongdoing from recurring.
RJ Eskow: Will committee members go through the motions of pretending to grill Stumpf, playing their scripted parts with the thinly disguised boredom of Wild West vaudevillians who have played one cow town too many?
Peter Dreier: Stumpf will be asked how Wells Fargo employees were able to fraudulently open more than two million fake credit card and checking accounts without the knowledge of top management.
RJ Eskow: Many parts of the country are still wrestling with extreme poverty and lagging incomes. Americans pay more today for needs like health care and higher education than they did in the 1990s.
Ellen Brown: Rather than outlawing bank-created money, as money reformers have long urged, fractional reserve banking could be made obsolete simply by attrition, preempted by a better mousetrap.
RJ Eskow: If the Wells Fargo incident has taught us anything, it’s that today’s thieves are more likely to be inside the stagecoach than outside it.
Robert Reich: My colleagues weren’t exactly enthusiastic about the new president’s campaign promise. “Maybe there’s some way we can do this without actually limiting executive pay,” one said.
Jack Rothman: African Americans historically have been channeled into providing cheap labor — during slavery, involuntarily, and in the years closely following, through compulsion and noxious legal means.
Iwan Morgan: Trump’s claim that substantial tax cuts, largely skewed towards the wealthy, will kick-start the US economy on the road back to greatness should also be treated with skepticism.
Robert Reich: In a society of widening inequality, the winners are often wealthier than the losers, so even if they fully compensate the losers, as the winners gain more ground, the losers may feel even worse off.
Robert Reich: Apple is America’s most profitable high-tech company and also one of America’s biggest tax cheats. It maintains a worldwide network of tax havens to park its global profits, some of which don’t even have any employees.
Joseph Palermo: Mylan’s price gouging has nothing to do with the costs of “research and development” or supply and demand. This obscene price hike is nothing more than a “rent,” pure and simple. Mylan is extorting Americans who depend on the drug because it can.