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Dave Johnson's picture

We, The People Have To Say, "No You Can't Do That"

In Will We Choose A Chinese Future, David Sirota asks the core question: "Do we accept an economic competition that asks us to emulate China?" THIS is the choice that the "job creators" are demanding that we make when they say we need to be more "business friendly." THIS is what they are asking us to do to ourselves when they say that less government, less regulation, lower taxes, anti-union "right-to-work" laws, and the rest of the corporate-conservative litany is what will restore the economy and "create jobs."

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Richard Eskow's picture

Today's Visionary: An Illustrated Guide to Dr. King's 21st Century Insights

Here it comes again. This holiday weekend we'll see a lot of media coverage of Martin Luther King, Jr. But we'll hear very little about what he really was - a brave and visionary leader whose vision is as relevant today as ever.

One year ago I listed ten quotes by Dr. King, and mourned the lack of a movement that would advance his kind of vision. Then came the uprising in Madison and the Occupy movement, which began a long-overdue national debate about economic, as well as racial inequality.

Once again, Dr. King's insights provide offer insight and vision for today's movement activists - and tomorrow's.


1. "True compassion is more than flinging a coin to a beggar; it is not haphazard and superficial. It comes to see that an edifice which produces beggars needs restructuring." Where Do We Go From Here? August 1967 speech.

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Richard Eskow's picture

Today's Visionary: 10 Things Martin Luther King, Jr. Taught Us About Today's Struggles

A lot of people in the media are so afraid of offending anyone that they can't even tell the truth about the man whose memorial is being unveiled this weekend in Washington. Their coverage could give you the impression that the purpose of Martin Luther King, Jr's life was simply to make everybody in this country feel good about themselves. So once again we're presenting ten quotes that represent Dr. King as he truly was -- the kind of brave and visionary leader we so badly need today.

You might be forgiven for thinking that everybody liked and admired Dr. King while he was alive except maybe for a few angry old white people down South (who later realized the errors of their ways and were very sorry.) The media have been so reluctant to convey Dr. King's true message that Glenn Beck can claim to have inherited his mantle and millions of people believe him. They're so afraid of telling his truth that a Pentagon official can claim that the recipient of the Nobel Peace Prize, the spiritual heir to Gandhi's mantle of nonviolence, would have supported the wars in Iraq and Afghanistan.

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Richard Eskow's picture

TV Interview On The IMF and World Bank: International Echoes Of Domestic Banking Policies

Did an interview with RT Today on the meeting of the International Monetary Fund, and on the ways that IMF and World Bank policy reflect the same combination of austerity economics and a 'liberalized' financial sector that we're seeing here and in Europe. The video is here: more »

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Eric Lotke's picture

Breaking Up The Banks: I Did It!

As the debate heats up over Elizabeth Warren to head the Consumer Financial Protection Bureau, I took a step out on my own. I got a divorce. I am no longer a wholly owned subsidiary of Wells Fargo Bank. more »

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Richard Eskow's picture

Afghanistan's "Too Big to Fail" Bank Is Failing. Guess Our System Doesn't Work There, Either.

The collapse of Afghanistan's largest bank will seem familiar to Americans, and so will the upcoming reports of its bailout. We've heard the story before: Unheeded warnings. Lax (or nonexistent) law enforcement. An American auditor who said nothing as the books imploded. Sloppy, reckless, and greedy lending. Politicians in bed with banks. And a corporate crime wave led by bankers who can break the law with impunity, knowing they won't be punished even if they're caught.

The Kabul Bank story is a sad inversion of nation-building. It might have provided some moments of black humor for the recession-ravaged middle class, if only Americans and Afghans weren't paying for it with their lives. We promised to teach the Afghans everything we know about running a modern economy.

Apparently we did. more »

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Richard Eskow's picture

Today's Visionary: 10 Things Martin Luther King, Jr. Taught Us About Today's Struggles

A lot of people in the media are so afraid of offending anyone with controversial truths that they can't even tell the truth about the man whose holiday we're celebrating this weekend. Their coverage could give you the impression that the purpose of Martin Luther King, Jr's life was simply to make everybody in this country feel good about themselves—so good, in fact, that we deserve a day off just for having the wisdom to be born American.

You might be forgiven for thinking that everybody liked and admired Dr. King while he was alive - except maybe for a few angry old white people down South, who later realized the errors of their ways and were very sorry. The media have been so reluctant to convey Dr. King's true message that Glenn Beck can claim to have inherited his mantle and millions of people believe him. They're so afraid of telling his truth that a Pentagon official can claim that the recipient of the Nobel Peace Prize, the spiritual heir to Gandhi's mantle of nonviolence, would have supported the wars in Iraq and Afghanistan.

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Zach Carter's picture

A Tax Deal Fit For The Gilded Age

President Barack Obama and Congressional Republicans are ready to mortgage the American economy to billionaires in exchange for a few months of unemployment benefits. This deal is easily the gravest economic outrage of the Obama presidency to date, and signals that other political assaults on the economy are ahead. more »

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Zach Carter's picture

The Fed Lied About Wall Street

The data from the Federal Reserve audit is full of frightening revelations about U.S. economic policy and those who implement it. When Wall Street went off the rails in the fall of 2008, policymakers told the public we had a certain kind of problem, knowing all along that the actual nature of the problem was very different—and far more severe. This was a terribly destructive lie. more »

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Zach Carter's picture

Will The Fed Withdraw Its Foreclosure Predator Bailout?

Yesterday, The New York Times ran an editorial opposing a new Federal Reserve proposal to eliminate predatory lending penalties. more »

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