Blogs: An Economy for All

Watchdogs And Lapdogs On Financial Reform

November 20, 2009

There was a major victory for accountability this week in the financial reform fight, but there was also a demonstration that when it comes to protecting the profits of bankers at the expense of ordinary people, no institution does it better than the Party of No. more »

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Obama’s Home And The Report Is Out: China Takes Us To School

By Eric Lotke

November 19, 2009

President Obama is home from China and the U.S.-China Economic and Security Review Commission today releases its 2009 report to Congress. What have we learned? That we need to pay attention because we’re getting schooled. more »

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Inequality's Death Toll: A New Calculation

By Sam Pizzigati

November 18, 2009

What has the potential to save more lives, the insurance reforms in the House health care bill or the higher taxes on the rich the bill imposes to pay for those reforms? This rather odd question, suggests a new study on inequality and health, really does merit asking.

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The Problem With A Jobs Bill – And Everything Else

By Dave Johnson

November 18, 2009

The country needs a jobs program and needs it right now. Cash for Caulkers would be a good start. A new Civilian Conservation Corps would be another. But let's not allow a jobs program to cover over the need for real changes in the structure and core principles of our economy. more »

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Congress' Choice: Real Derivatives Reform Or Another Wall Street Earthquake

By Robert Johnson

November 18, 2009

This post is an excerpt of testimony presented to the Senate Agriculture Committee on November 18, 2009 in a hearing on legislation reforming regulation of financial markets. The testimony was presented on behalf of Americans for Financial Reform. more »

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Jobs, Jobs, Jobs -- Finally

By Robert Borosage

November 18, 2009

House Speaker Nancy Pelosi gets it. No wonder she drives the wingnuts batty.

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Obama's Asian Angst

By Scott Paul

November 18, 2009

I like that President Obama accords his Asian peers with respect, bowing if tradition calls for it, even though it raises the hackles of some wingnuts. But bowing to the wishes of China is another matter altogether. I'm completely underwhelmed with the results of the President's trip to China, especially with so much at stake. more »

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Labor Exec Shows How To Demolish Banking Industry Facade

By Isaiah J. Poole

November 17, 2009

Wall Street Reform Matters

Hear AFL-CIO policy director Damon Silvers explain why financial reform is important and his assessment of his debate with American Bankers Association president Edward Yingling.

The banking lobby, as corporate lobbies are wont to do, can build a wonderful Potemkin village of consumer delights, where a defanged government beholden to business interests smiles as unfettered CEOs and marketers rack up their profits and where only the buyer need beware.

This particular village, however, is as flimsy as it is fake, as Damon Silvers, the policy director at the AFL-CIO, demonstrated in a face-off with the banking industry's chief lobbyist, American Bankers Association president Edward Yingling sponsored by the Aspen Institute.

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