Ellen Brown: The evidence to date suggests that “robo-signing” was not a mere technical default or sloppy business practice but was part and parcel of a much larger fraud, the fraud that brought down the whole economy in 2008.
On the issue of corporate personhood, is the Los Angeles City Council smarter than the United States Supreme Court? Incredibly, Yes! Last week in a huge victory for Angelenos, the Los Angeles City Council voted against the 2010 Supreme Court’s ruling in the Citizens United case that found that corporations were entitled to the same rights […]
Michael R. Evans: Los Angeles became the first major city to call for a constitutional amendment to abolish corporate personhood as a City Council resolution passed unanimously before hundreds of enthusiastic local residents
Brent Budowsky: The sin of the supercommittee is that it has merely mirrored the old-think politics it was created to rise above.
Brent Budowsky: Great presidents know the difference between empty public gimmicks and game-changing public policy. They demand creative ideas, not mediocrity or defeatism, from those who advise them.
Brent Budowsky: Let’s add a “repatriate prosperity” provision that would require participating global companies to increase the size of their American workforce by a designated amount, within a designated window, such as six months, in order to receive the tax holiday.
Shamus Cooke: Because both parties simply threw money at the banks and hedge funds instead of punishing them, a condition of “moral hazard” was created, meaning, that banks would assume another bailout would come their way if they destroyed the economy again — too big too fail, remember?
Michael Sigman: Obama’s praise of Reagan leaves a bitter taste in the mouths of those who thought Reagan’s geniality was largely an act that masked eight years of making the rich richer and the poor poorer, including wasting untold billions on a crony-rewarding military spending binge.
Joseph Palmero: If you like the way things are in the United States today — with Gilded Age levels of inequality, weak labor unions, low-wage service jobs for most of the workforce, and a public sector that’s dying on the vine — then you can thank Ronald Reagan.
Joseph Palermo: Wouldn’t it be something if the Bin Ladens of the world funneled untraceable cash into Republican candidates’ coffers because they know they can count on the GOP to continue the wars in Iraq and Afghanistan, two of their greatest recruiting vehicles?
Shamus Cooke: The housing market appears to be on a never-ending downward spiral, with the much-discussed “recovery” always around the next corner.
Robert Reich: Restoring top earners’ marginal tax rates to what they were during the Clinton administration (36 and 39 percent) won’t inhibit their spending. That’s because they already save a large portion of what they earn, and already spend what they want to spend.